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Productivity

What is the productivity trend of the Danish economy? In which industries is labour productivity increasing, stagnating or decreasing? And is it IT capital, non-IT capital, educational level or the total factor productivity that is contributing to the trend? The calculation of labour productivity is based on the national accounts.

Explainer on…

A measure of how effectively labor is used to produce goods and services. Calculated as gross value added (GVA) in chained values per hour worked.

Gross domestic product at base prices. GVA is calculated for the individual business types as production at base prices minus intermediate consumption at buyer prices and is thus, also equal to the sum of other production taxes (net), compensation of employee, and surplus of production and mixed income. For society as a whole, gross value added can also be calculated as the gross domestic product at market prices minus net product taxes.

Current prices adjusted for inflation. Calculation of fixed prices is necessary to make comparisons over time where the effect of price developments needs to be eliminated. Fixed prices are calculated using the prices from the previous year, and these form the basis for calculating the chained values. In addition, fixed prices with a fixed base year (e.g. year 2000) are also calculated.

Selected statistics on Productivity

This page shows selected popular statistics on the subject of Productivity. In Statbank Denmark, you can find more data and compile your own statistics.

Annual growth in labour productivity in non-agricultural business sector

Here you can see the annual growth in labour productivity in the non-agricultural business sector. The non-agricultural business sector includes the total business sector, except mining and quarrying, agriculture etc., dwellings and renting of non-residential buildings.
More about the figure
Last update
27.3.2024
Next update
28.6.2024
Source data

The sources used for calculating labor productivity (LP) are sector figures from the national accounts on Gross value added and hours worked.

The sources used for calculating the productivity growth (the causes of the growth in LP) is the above, fixed capital and statistics of education. For the computation of KLEMS we use data from the input-output tables to split intermediate comsumption into energy, materials and services.

Annual growth in labour productivity in selected industries

Here you can see the annual growth in labour productivity for the industries ‘manufacturing’ and ‘trade and transport etc.’ Click the link ’In Statbank Denmark, you can find more data..’ under the figure to see the productivity trend in other industries.
More about the figure
Last update
27.3.2024
Next update
28.6.2024
Source data

The sources used for calculating labor productivity (LP) are sector figures from the national accounts on Gross value added and hours worked.

The sources used for calculating the productivity growth (the causes of the growth in LP) is the above, fixed capital and statistics of education. For the computation of KLEMS we use data from the input-output tables to split intermediate comsumption into energy, materials and services.

Contribution to labour productivity in the non-agricultural business sector

The growth in labour productivity can be decomposed into contributions from IT capital, non-IT capital, educational level and total factor productivity. The most recent years in the table may deviate from the labour productivity in the charts above, since the calculations are based on different versions of preliminary data.
More about the figure
Last update
8.2.2024
Next update
10.2.2025
Source data

The sources used for calculating labor productivity (LP) are sector figures from the national accounts on Gross value added and hours worked.

The sources used for calculating the productivity growth (the causes of the growth in LP) is the above, fixed capital and statistics of education. For the computation of KLEMS we use data from the input-output tables to split intermediate comsumption into energy, materials and services.

On the statistics – documentation, sources and method

Gain an overview of the purpose, contents and quality of the statistics. Learn about the data sources of the statistics, the contents of the statistics and how often they are published.

See the documentation of statistics to learn more:

Productivity

The purpose of the statistics Productivity is to examine the change in production per unit of the resources involved and which contributes to the change. The simplest and most commonly used concept of productivity is labor productivity, which is used here. Labor productivity (LP) and the causes for the change in LP is calculated back to 1966.

Need more data on Productivity?

You can go on searching on your own in Statbank Denmark. Find further details, such as labour productivity and total factor productivity broken down by industries.

Contact

Magnus Børre Eriksen
Phone: +45 39 17 36 68