Economic Progress

What is productivity, and how do you measure it?

Workers stand on a scaffolding outside Maracana stadium in Rio de Janeiro June 6, 2014. , In a project called OnThe Sidelines' Reuters photographers share pictures showing their own quirky and creative view of the 2014 World Cup in Brazil. REUTERS/Tony Gentile REUTERS - RTR3SPXS

Many of the world’s biggest economies have been experiencing falling productivity. Image: REUTERS/Tony Gentile

Petra Jahchan
Writer, Formative Content
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Economic Progress

Growth of GDP, Per Capita Income and Labour Productivity 2015
Image: conference-board.org
Productivity slowdown in advanced economies. GDP per hour worked, % change at annual rate
1993 to 2014 - Average weekly hours for selected countries
Image: Office of National Statistics
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