OECD Compendium of Productivity Indicators 2025
you are currently viewing::OECD Compendium of Productivity Indicators 2025July 25, 2025-Executive summary Following a 0.2% drop in 2022 compared to 2021, labour productivity across all OECD countries rebounded modestly to 0.6% in 2023. In the euro area, labour productivity fell sharply by 0.9% in 2023, marking the steepest decline since the 2008 financial crisis. Experimental estimates suggest that labour productivity growth is likely to have grown modestly at around 0.4% in 2024 on average across OECD countries, excluding Türkiye. While Artificial Intelligence (AI), particularly Generative AI, is expected to positively shape future productivity trends if the right policies are in place, its impact is not yet evident in the productivity statistics. Source: oecd.org |
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lingering uncertainties weigh on global momentum.
Global economic output is forecast to grow by 2.7 per cent in 2026, slightly below the 2.8 per cent estimated for 2025 and well below the pre-pandemic average of 3.2 per cent, according to the World Economic Situation and Prospects 2026, released by the United Nations today.
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