PC productivity bulletin 2019

This bulletin was released on 4 June 2019. As with previous Productivity Updates, the 2019 Productivity Bulletin unpacks and analyses the latest Australian Bureau of Statistics (ABS) productivity statistics, and details and comments on trends and new developments underlying Australia's recent productivity performance.

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Text alternative of Productivity at a glance follows this image.

Annual change, 2017-18 (per cent) (Text version of above image)

Total economy

Labour productivity +0.2%

Market sector (16 industries)

Multifactor productivity +0.5%

Labour productivity +0.4%
Output +2.6%
Labour input +2.3%
Capital input +2.0%

Long-term growth rate, 1974-75 to 2017-18 (per cent per year)

Market sector (16 industries)

Multifactor productivity +0.9%

Labour productivity +2.2%
Output +3.3%
Labour input +1.1%
Capital input +4.4%

Sources: Commission estimates based on: ABS (2018, Australian System of National Accounts, 2017-18, Cat. no. 5204.0); ABS (2018, Estimates of Industry Multifactor Productivity, 2017-18, Cat. no. 5260.0.55.002); ABS (2018, Labour Force, Australia, Sep 2018, Cat no. 6202.0); and ABS (unpublished data).

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Productivity Commission acknowledges the Traditional Custodians of the land on which we live and work, and we pay our respects to Elders past and present.

acknowledgement of country