Productivity In the Euro Area increased to 103.76 points in the third quarter of 2024 from 103.38 points in the second quarter of 2024. Productivity in Euro Area averaged 94.68 points from 1995 until 2024, reaching an all time high of 106.21 points in the second quarter of 2020 and a record low of 80.40 points in the first quarter of 1995. source: EUROSTAT

Productivity in Euro Area is expected to be 103.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Productivity is projected to trend around 104.00 points in 2026, according to our econometric models.




Related Last Previous Unit Reference
Employment Change 0.20 0.10 percent Sep 2024
Full Time Employment 124968.20 124008.00 Thousand Sep 2024
Labor Force Participation Rate 75.60 75.40 percent Sep 2024
Labour Cost Index YoY 112.10 119.40 points Sep 2024
Long Term Unemployment Rate 1.90 2.10 percent Sep 2024
Part Time Employment 31968.30 32421.00 Thousand Sep 2024
Population 350.08 349.67 Million Dec 2024
Productivity 103.76 103.38 points Sep 2024
Unemployed Persons 10819.00 10858.00 Thousand Nov 2024
Unemployment Rate 6.30 6.30 percent Nov 2024
Wage Growth YoY 4.40 4.90 percent Sep 2024
Wages 2179.00 2151.00 EUR/Month Sep 2023
Youth Unemployment Rate 15.00 15.00 percent Nov 2024

Euro Area Productivity
In the Euro Area, productivity refers to real labour productivity per hour worked.
Actual Previous Highest Lowest Dates Unit Frequency
103.76 103.38 106.21 80.40 1995 - 2024 points Quarterly
2015=100, SA, WDA