International Comparisons of Productivity - First Estimates, 2013

17 Oct 2014 02:32 PM

Key points

• Output per hour in the UK was 17 percentage points below the average for the rest of the major G7 industrialised economies in 2013, the widest productivity gap since 1992. On an output per worker basis, UK productivity was 19 percentage points below the average for the rest of the G7 in 2013.
• UK output per hour fell slightly in 2013 compared with 2012, contrasting with an increase of 1.0% across the rest of the G7.
• In 2013 UK output per hour was roughly unchanged from its level in the pre-downturn year of 2007, but some 15-16 percentage points below a counterfactual level had the UK's strong productivity growth prior to the downturn continued. The productivity gap on the same basis for the rest of the G7 is around 6 percentage points.
• As well as first estimates for 2013, this release includes revised GDP estimates for the UK, Germany, France and Italy resulting from adoption of new National Accounts reporting standards and other methodological changes.

Get all the tables for this publication in the data section of this publication.