Labour productivity and unit labour costs - annual data in United Kingdom
United Kingdom: Labour productivity and unit labour costs - annual data was 45,181 Euro in 2019. ▲ Rising
Latest (2019)
45,181 Euro
Change on year
up 5.0%
World rank
16th
of 47 countries
All-time high
48,141 Euro
in 2015
All-time low
21,088 Euro
in 1995
Years of data
25
1995–2019
Labour productivity and unit labour costs - annual data in United Kingdom, 1995–2019
Source: Eurostat. Measured in Euro.
Analysis
The most recent figure for labour productivity and unit labour costs - annual data in United Kingdom is 45,181 Euro, measured in 2019.
The figure is up 5.0% on the previous year and up 28.5% over ten years.
Over the whole period, labour productivity and unit labour costs - annual data in United Kingdom peaked at 48,141 Euro in 2015 and was at its lowest, 21,088 Euro, in 1995.
That places United Kingdom 16th out of 47 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Labour productivity and unit labour costs - annual data in United Kingdom, year by year
| Year | Euro | Change |
|---|---|---|
| 1995 | 21,088 Euro | — |
| 1996 | 22,203 Euro | +5.3% |
| 1997 | 27,628 Euro | +24.4% |
| 1998 | 29,350 Euro | +6.2% |
| 1999 | 32,019 Euro | +9.1% |
| 2000 | 36,513 Euro | +14.0% |
| 2001 | 37,641 Euro | +3.1% |
| 2002 | 38,054 Euro | +1.1% |
| 2003 | 36,324 Euro | -4.5% |
| 2004 | 39,060 Euro | +7.5% |
| 2005 | 40,389 Euro | +3.4% |
| 2006 | 42,895 Euro | +6.2% |
| 2007 | 45,117 Euro | +5.2% |
| 2008 | 38,983 Euro | -13.6% |
| 2009 | 35,162 Euro | -9.8% |
| 2010 | 37,622 Euro | +7.0% |
| 2011 | 37,822 Euro | +0.5% |
| 2012 | 40,995 Euro | +8.4% |
| 2013 | 40,413 Euro | -1.4% |
| 2014 | 42,986 Euro | +6.4% |
| 2015 | 48,141 Euro | +12.0% |
| 2016 | 43,934 Euro | -8.7% |
| 2017 | 42,314 Euro | -3.7% |
| 2018 | 43,010 Euro | +1.6% |
| 2019 | 45,181 Euro | +5.0% |
United Kingdom compared with similar countries
- United Kingdom's 45,181 Euro is above the median for Europe & Central Asia, which is 39,023 Euro, 1.2× the median. (34 countries reporting)
- United Kingdom's 45,181 Euro is above the median for high income countries, which is 42,493 Euro, 1.1× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26,458 Euro | 21,088 Euro | 32,019 Euro | 5 |
| 2000s | 39,014 Euro | 35,162 Euro | 45,117 Euro | 10 |
| 2010s | 42,242 Euro | 37,622 Euro | 48,141 Euro | 10 |
Countries ranked near United Kingdom
- 13 Finland 55,925 Euro compare
- 14 Sweden 54,435 Euro compare
- 15 Euro area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023, EA21-2026) 51,896 Euro compare
- 16 United Kingdom 45,181 Euro compare
- 18 Italy 43,687 Euro compare
- 19 Slovenia 42,493 Euro compare
More work & labour data for United Kingdom
- Persons outside the labour force (ILO modelled estimates) 22,956 (2027)
- Labour force participation rate (ILO modelled estimates) 60.91 (2027)
- Labour force (ILO modelled estimates) 35,770 (2027)
- Unemployment rate (ILO modelled estimates) 4.93 (2027)
- Labour dependency ratio 1.07 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 111,361 (2027)
- Output per worker, GDP constant 2015 US $ 100,223 (2027)
- Employment-to-population ratio (ILO modelled estimates) 57.91 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.47 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.4352 % change on previous year (2027)
Frequently asked questions
- What is labour productivity and unit labour costs - annual data in United Kingdom?
- Labour productivity and unit labour costs - annual data in United Kingdom was 45,181 Euro in 2019, according to Eurostat.
- What is the highest labour productivity and unit labour costs - annual data recorded in United Kingdom?
- The highest recorded value was 48,141 Euro in 2015.
- What is the lowest labour productivity and unit labour costs - annual data recorded in United Kingdom?
- The lowest recorded value was 21,088 Euro in 1995.
- How does United Kingdom rank for labour productivity and unit labour costs - annual data?
- United Kingdom ranks 16th out of 47 countries with data for 2019.
- Is labour productivity and unit labour costs - annual data rising or falling in United Kingdom?
- Over the last ten years it is up 28.5%. The long-run trend across the full record is rising.
- Where does this United Kingdom data come from?
- The figures come from Eurostat, published as part of Labour productivity and unit labour costs - annual data. Statizoid updates them automatically from the source API.
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