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Productivity growth over time by country, 1871–2016, %
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Productivity growth has fluctuated over time; it has been declining since the 1960s and today stands near historical lows.
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Source: A. Bergeaud, G. Cette, and R. Lecat, "Productivity trends in advanced countries between 1890 and 2012," Review of Income and Wealth, volume 62, number 3, 2016; McKinsey Global Institute analysis
Productivity defined as GDP per hour worked. Calculated using Hodrick Prescott filter. Drawn from similar analysis in Martin Neil Baily and Nicholas Montalbano, Why is productivity growth so slow? Possible explanations and policy responses, Brookings Institution, September 2016. See technical appendix for details on methodology. Figures may not sum, because of rounding.
Productivity growth over time by country, 1871–2016, %
Productivity growth has fluctuated over time; it has been declining since the 1960s and today stands near historical lows.
Source: A. Bergeaud, G. Cette, and R. Lecat, "Productivity trends in advanced countries between 1890 and 2012," Review of Income and Wealth, volume 62, number 3, 2016; McKinsey Global Institute analysis
Productivity defined as GDP per hour worked. Calculated using Hodrick Prescott filter. Drawn from similar analysis in Martin Neil Baily and Nicholas Montalbano, Why is productivity growth so slow? Possible explanations and policy responses, Brookings Institution, September 2016. See technical appendix for details on methodology. Figures may not sum, because of rounding.
CLICK ON COUNTRY TO SEE PRODUCTIVITY GROWTH
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1
Productivity growth over time by country, 1871–2016, %
Productivity growth has fluctuated over time; it has been declining since the 1960s and today stands near historical lows.
Source: A. Bergeaud, G. Cette, and R. Lecat, "Productivity trends in advanced countries between 1890 and 2012," Review of Income and Wealth, volume 62, number 3, 2016; McKinsey Global Institute analysis
Productivity defined as GDP per hour worked. Calculated using Hodrick Prescott filter. Drawn from similar analysis in Martin Neil Baily and Nicholas Montalbano, Why is productivity growth so slow? Possible explanations and policy responses, Brookings Institution, September 2016. See technical appendix for details on methodology. Figures may not sum, because of rounding.
CLICK ON COUNTRY TO SEE PRODUCTIVITY GROWTH
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Productivity growth over time by country, 1871–2016, %
Productivity growth has fluctuated over time; it has been declining since the 1960s and today stands near historical lows.
Source: A. Bergeaud, G. Cette, and R. Lecat, "Productivity trends in advanced countries between 1890 and 2012," Review of Income and Wealth, volume 62, number 3, 2016; McKinsey Global Institute analysis
Productivity defined as GDP per hour worked. Calculated using Hodrick Prescott filter. Drawn from similar analysis in Martin Neil Baily and Nicholas Montalbano, Why is productivity growth so slow? Possible explanations and policy responses, Brookings Institution, September 2016. See technical appendix for details on methodology. Figures may not sum, because of rounding.
CLICK ON COUNTRY TO SEE PRODUCTIVITY GROWTH
1
1
Productivity growth over time by country, 1871–2016, %
Productivity growth has fluctuated over time; it has been declining since the 1960s and today stands near historical lows.
Source: A. Bergeaud, G. Cette, and R. Lecat, "Productivity trends in advanced countries between 1890 and 2012," Review of Income and Wealth, volume 62, number 3, 2016; McKinsey Global Institute analysis
Productivity defined as GDP per hour worked. Calculated using Hodrick Prescott filter. Drawn from similar analysis in Martin Neil Baily and Nicholas Montalbano, Why is productivity growth so slow? Possible explanations and policy responses, Brookings Institution, September 2016. See technical appendix for details on methodology. Figures may not sum, because of rounding.
CLICK ON COUNTRY TO SEE PRODUCTIVITY GROWTH
1
1
Productivity growth over time by country, 1871–2016, %
Productivity growth has fluctuated over time; it has been declining since the 1960s and today stands near historical lows.
Source: A. Bergeaud, G. Cette, and R. Lecat, "Productivity trends in advanced countries between 1890 and 2012," Review of Income and Wealth, volume 62, number 3, 2016; McKinsey Global Institute analysis
Productivity defined as GDP per hour worked. Calculated using Hodrick Prescott filter. Drawn from similar analysis in Martin Neil Baily and Nicholas Montalbano, Why is productivity growth so slow? Possible explanations and policy responses, Brookings Institution, September 2016. See technical appendix for details on methodology. Figures may not sum, because of rounding.
CLICK ON COUNTRY TO SEE PRODUCTIVITY GROWTH
1
1
Productivity growth over time by country, 1871–2016, %
Productivity growth has fluctuated over time; it has been declining since the 1960s and today stands near historical lows.
Source: A. Bergeaud, G. Cette, and R. Lecat, "Productivity trends in advanced countries between 1890 and 2012," Review of Income and Wealth, volume 62, number 3, 2016; McKinsey Global Institute analysis
Productivity defined as GDP per hour worked. Calculated using Hodrick Prescott filter. Drawn from similar analysis in Martin Neil Baily and Nicholas Montalbano, Why is productivity growth so slow? Possible explanations and policy responses, Brookings Institution, September 2016. See technical appendix for details on methodology. Figures may not sum, because of rounding.
CLICK ON COUNTRY TO SEE PRODUCTIVITY GROWTH
1
1
Productivity growth over time by country, 1871–2016, %
Productivity growth has fluctuated over time; it has been declining since the 1960s and today stands near historical lows.
Source: A. Bergeaud, G. Cette, and R. Lecat, "Productivity trends in advanced countries between 1890 and 2012," Review of Income and Wealth, volume 62, number 3, 2016; McKinsey Global Institute analysis
Productivity defined as GDP per hour worked. Calculated using Hodrick Prescott filter. Drawn from similar analysis in Martin Neil Baily and Nicholas Montalbano, Why is productivity growth so slow? Possible explanations and policy responses, Brookings Institution, September 2016. See technical appendix for details on methodology. Figures may not sum, because of rounding.
CLICK ON COUNTRY TO SEE PRODUCTIVITY GROWTH
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