Recent productivity trends

PC productivity insights

This productivity insights research was released on 17 February 2020. As with previous Productivity Bulletins/Updates, the 2020 productivity insights 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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Multifactor productivity performance

Multifactor productivity 2018-19 -0.4%

Five year average +0.6%

Labour productivity performance

Economy wide 2018-19 -0.2%

Market sector 2018-19 -0.2%

Sources: Estimates based on: ABS (2018, Australian System of National Accounts, 2017-18, Cat. no. 5204.0, tables 1, 5, 15, 46 and 58); ABS (2018, Estimates of Industry Multifactor Productivity, 2017-18, Cat. no. 5260.0.55.002, tables 1, 6 and 14); ABS (Labour Force, Australia, Detailed, Quarterly, Cat. no. 6291.0.55.003, Aug 2018, table 11); and ABS (unpublished data).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.

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