Productivity and unit labour costs — GDP per person employed in Euro area (20 countries)
Euro area (20 countries): Productivity and unit labour costs — GDP per person employed was 100.61 Index in 2024. ▲ Rising
Productivity and unit labour costs — GDP per person employed in Euro area (20 countries), 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
The most recent figure for productivity and unit labour costs — gdp per person employed in Euro area (20 countries) is 100.61 Index, measured in 2024.
The figure is down 2.5% on the previous year and down 0.6% over ten years.
Over the whole period, productivity and unit labour costs — gdp per person employed in Euro area (20 countries) peaked at 104.41 Index in 2021 and was at its lowest, 88.21 Index, in 1995.
The long-run direction has been consistently rising across the 30 years of available data.
Productivity and unit labour costs — GDP per person employed in Euro area (20 countries), year by year
| Year | Index | Change |
|---|---|---|
| 1995 | 88.21 Index | — |
| 1996 | 89.34 Index | +1.3% |
| 1997 | 91.5 Index | +2.4% |
| 1998 | 91.51 Index | +0.0% |
| 1999 | 93.45 Index | +2.1% |
| 2000 | 94.07 Index | +0.7% |
| 2001 | 94.7 Index | +0.7% |
| 2002 | 95.17 Index | +0.5% |
| 2003 | 95.73 Index | +0.6% |
| 2004 | 96.81 Index | +1.1% |
| 2005 | 97.46 Index | +0.7% |
| 2006 | 99.1 Index | +1.7% |
| 2007 | 99.7 Index | +0.6% |
| 2008 | 97.64 Index | -2.1% |
| 2009 | 97.6 Index | -0.0% |
| 2010 | 99.83 Index | +2.3% |
| 2011 | 100.27 Index | +0.4% |
| 2012 | 99.72 Index | -0.5% |
| 2013 | 100.56 Index | +0.8% |
| 2014 | 101.2 Index | +0.6% |
| 2015 | 102.45 Index | +1.2% |
| 2016 | 102.59 Index | +0.1% |
| 2017 | 103.78 Index | +1.2% |
| 2018 | 103.68 Index | -0.1% |
| 2019 | 103.57 Index | -0.1% |
| 2020 | 101.55 Index | -1.9% |
| 2021 | 104.41 Index | +2.8% |
| 2022 | 104.36 Index | -0.0% |
| 2023 | 103.14 Index | -1.2% |
| 2024 | 100.61 Index | -2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 90.8 Index | 88.21 Index | 93.45 Index | 5 |
| 2000s | 96.8 Index | 94.07 Index | 99.7 Index | 10 |
| 2010s | 101.76 Index | 99.72 Index | 103.78 Index | 10 |
| 2020s | 102.81 Index | 100.61 Index | 104.41 Index | 5 |
Countries ranked near Euro area (20 countries)
- 5 Denmark 108.35 Index compare
- 5 Slovenia 109.1 Index compare
- 6 Estonia 103.39 Index compare
- 6 Czechia 107.98 Index compare
- 7 Netherlands 101.42 Index compare
- 7 Norway 107.89 Index compare
- 8 New Zealand 107.18 Index compare
- 9 United Kingdom of Great Britain and Northern Ireland 105.89 Index compare
- 10 Sweden 105.22 Index compare
- 11 Hungary 104.89 Index compare
More economy & growth data for Euro area (20 countries)
- Annual Purchasing Power Parities and exchange rates — Purchasing 0.6698 National currency per US dollar (2025)
- National CPI, Growth rate over one year, All countries, Food and 2.6 Percent per annum (2025)
- Annual national net lending/net borrowing, US $, current prices 449,997 US dollars, PPP converted (2025)
- National CPI, Growth rate over one year, All countries, All items 2.4 Percent per annum (2025)
- National CPI, Growth rate over one year, All countries, Energy -1.4 Percent per annum (2025)
- Annual net national income per capita, US $, current prices, current 54,338 US dollars per person, PPP converted (2025)
- Annual national disposable income, US $, volume, constant PPPs 14.62 million US dollars, PPP converted (2025)
- Annual net national income per capita, US $, volume, constant PPPs 42,119 US dollars per person, PPP converted (2025)
- Annual simplified non-financial accounts by institutional sector 1.96 million National currency (2025)
- Annual simplified non-financial accounts by institutional sector 6.35 million National currency (2025)
Frequently asked questions
- What is productivity and unit labour costs — gdp per person employed in Euro area (20 countries)?
- Productivity and unit labour costs — gdp per person employed in Euro area (20 countries) was 100.61 Index in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest productivity and unit labour costs — gdp per person employed recorded in Euro area (20 countries)?
- The highest recorded value was 104.41 Index in 2021.
- What is the lowest productivity and unit labour costs — gdp per person employed recorded in Euro area (20 countries)?
- The lowest recorded value was 88.21 Index in 1995.
- How does Euro area (20 countries) rank for productivity and unit labour costs — gdp per person employed?
- Euro area (20 countries) ranks 8th out of 8 regions with data for 2024.
- Is productivity and unit labour costs — gdp per person employed rising or falling in Euro area (20 countries)?
- Over the last ten years it is down 0.6%. The long-run trend across the full record is rising.
- Where does this Euro area (20 countries) data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Productivity and unit labour costs — GDP per person employed. Statizoid updates them automatically from the source API.
Download this data
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About this data
The OECD Productivity Database aims at providing users with the most comprehensive and the latest productivity estimates. The update cycle is on a rolling basis: each variable in the dataset is made publicly available as soon as it is updated in the sources databases. The productivity database contains data on labour productivity both measured using employment or hours worked and the compenents of capital and labour inputs. The productivity database in levels, in growth rates and by industry contains annual data, while the database on productivity and unit labour costs are quarterly estimates. Further information for all datasets and the methodology may be found in the attached file OECD-Productivity-Statistics-Database-metadata