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Indicators/Productivity growth

output · indicator

Productivity growth

productivity_growth

Estimated labour productivity growth.

Unit
percent
Display
percent
Cadence
annual
Source
World Bank WDI, derived annual percent change
Latest global
2.19%

Global · 2024

Next global forecast
1.98%

Baseline · 2025

How it’s forecast

Productivity uses a weighted composite model with a 7-year lookback, 55% recent-data weight, 80% confidence band, and horizons of 1, 3, 5, 10 years.

Why it matters

Higher readings are generally healthier for this metric.

Trajectory

Global history & forecast

Before consensus

Who’s diverging

Countries whose latest reading deviates most from their own recent trend.

  • 1Bhutan-2.79%▼−17.66pp
  • 2Macao5.92%▼−64.82pp
  • 3Samoa4.43%▼−10.57pp
  • 4Costa Rica0.10%▼−8.71pp
  • 5Ecuador-3.68%▼−5.97pp
  • 6New Zealand1.68%▲+3.27pp

Rankings

Highest current readings

Guyana
41.47%
Georgia
9.31%
Vietnam
6.44%
Bangladesh
6.19%
Niger
5.98%
Macao
5.92%
China
5.77%
Cabo Verde
5.71%

By country

Scenario paths — top economies

Observed history with a baseline / optimistic / pessimistic forecast for the largest current readings.

Guyana41.47%
Georgia9.31%
Vietnam6.44%
Bangladesh6.19%
Niger5.98%
Macao5.92%

Forecast

Latest values & forecast horizons

Per-country latest reading and baseline forecast across horizons.

CountryLatestYear1y3y5y10y
Afghanistan-0.49%20230.22%1.84%3.47%7.53%
Albania5.23%20244.68%3.90%3.12%1.17%
Algeria2.67%20243.36%5.01%6.67%10.81%
Angola0.87%20242.05%4.89%7.73%14.84%
Argentina-0.68%2024-0.81%-0.86%-0.92%-1.05%
Armenia3.21%20243.07%2.61%2.16%1.01%
Australia-0.12%20240.13%0.59%1.06%2.23%
Austria-0.75%2024-1.93%-4.44%-6.94%-10.00%
Azerbaijan3.59%20242.79%1.45%0.11%-3.25%
Bahamas, The3.02%20241.63%-0.88%-3.39%-9.66%
Bahrain1.73%20241.46%0.95%0.45%-0.82%
Bangladesh6.19%20246.60%7.66%8.71%11.36%
Barbados2.10%20242.35%3.10%3.84%5.71%
Belarus4.57%20245.27%7.02%8.78%13.18%
Belgium-0.03%2024-0.76%-2.28%-3.81%-7.62%
Belize3.30%20242.87%2.11%1.36%-0.54%
Benin4.33%20244.67%5.54%6.42%8.60%
Bhutan-2.79%2023-0.08%4.93%9.94%15.00%
Bolivia-2.65%2024-2.47%-2.07%-1.68%-0.69%
Bosnia and Herzegovina3.85%20243.06%1.70%0.34%-3.06%
Botswana-4.65%2024-7.18%-10.00%-10.00%-10.00%
Brazil0.71%20241.11%1.93%2.76%4.82%
Brunei3.18%20244.59%7.95%11.32%15.00%
Bulgaria4.40%20243.57%2.06%0.55%-3.23%
Burkina Faso2.89%20242.44%1.61%0.78%-1.30%
Burundi0.63%20240.83%1.34%1.85%3.13%
Cabo Verde5.71%20245.75%6.24%6.73%7.94%
Cambodia4.18%20244.05%3.99%3.93%3.78%
Cameroon0.34%20240.08%-0.49%-1.06%-2.48%
Canada0.31%20240.01%-0.56%-1.13%-2.55%
Central African Republic-2.13%2024-2.59%-3.83%-5.07%-8.17%
Chad-1.90%2024-1.89%-2.01%-2.13%-2.43%
Chile-0.01%2024-1.11%-3.47%-5.84%-10.00%
China5.77%20245.69%5.56%5.43%5.11%
Colombia0.46%2024-0.73%-3.21%-5.70%-10.00%
Comoros0.99%20241.98%4.33%6.68%12.57%
Congo-0.54%20240.15%1.86%3.57%7.84%
Costa Rica0.10%20240.48%0.93%1.37%2.48%
Croatia1.98%20240.57%-2.37%-5.31%-10.00%
Cyprus3.08%20242.15%0.38%-1.38%-5.79%
Czechia0.23%2024-1.07%-3.74%-6.41%-10.00%
Côte d'Ivoire2.80%20243.01%3.51%4.02%5.28%
DR Congo2.56%20242.82%3.40%3.97%5.42%
Denmark0.99%20240.52%-0.31%-1.15%-3.25%
Djibouti4.85%20245.59%7.33%9.07%13.42%
Dominican Republic2.74%20241.47%-1.01%-3.48%-9.67%
Ecuador-3.68%2024-3.66%-4.08%-4.51%-5.57%
Egypt0.22%2024-0.01%-0.65%-1.29%-2.88%
El Salvador1.28%20240.63%-0.59%-1.82%-4.90%
Equatorial Guinea-1.34%2024-1.17%-0.33%0.52%2.64%
Estonia0.92%2024-0.43%-3.05%-5.67%-10.00%
Eswatini1.56%20240.69%-1.18%-3.05%-7.72%
Ethiopia4.31%20244.25%4.10%3.94%3.56%
Fiji2.62%20244.28%7.79%11.31%15.00%
Finland1.49%20241.65%2.24%2.83%4.30%
France1.16%20240.80%0.24%-0.33%-1.76%
Gabon1.18%20241.91%3.61%5.31%9.55%
Gambia, The2.44%20242.48%2.58%2.68%2.93%
Georgia9.31%20248.39%6.92%5.45%1.77%
Germany-0.23%2024-1.00%-2.61%-4.21%-8.21%
Ghana3.06%20242.42%1.06%-0.29%-3.67%
Greece-0.48%2024-1.63%-3.99%-6.35%-10.00%
Guatemala1.31%20241.64%2.27%2.89%4.46%
Guinea2.29%20242.31%2.29%2.28%2.24%
Guinea-Bissau1.20%20241.52%2.18%2.83%4.46%
Guyana41.47%202415.00%15.00%15.00%15.00%
Haiti-4.87%2024-5.06%-5.70%-6.34%-7.93%
Honduras-0.15%2024-0.96%-2.89%-4.82%-9.64%
Hong Kong3.17%20242.66%1.94%1.22%-0.57%
Hungary1.12%2024-0.15%-2.80%-5.46%-10.00%
Iceland-1.99%2024-2.77%-4.70%-6.64%-10.00%
India3.17%20243.17%3.27%3.38%3.65%
Indonesia3.66%20243.53%3.45%3.38%3.19%
Iran2.69%20242.74%3.03%3.33%4.06%
Iraq-4.16%2024-5.28%-7.82%-10.00%-10.00%
Ireland2.29%2024-0.04%-4.82%-9.60%-10.00%
Israel-1.12%2024-2.92%-6.85%-10.00%-10.00%
Italy-0.33%2024-1.91%-5.16%-8.41%-10.00%
Jamaica-0.87%2024-1.44%-2.57%-3.70%-6.54%
Japan-0.44%2024-0.73%-1.34%-1.94%-3.45%
Jordan1.05%2024-0.08%-2.12%-4.15%-9.25%
Kazakhstan3.14%20243.16%3.36%3.55%4.04%
Kenya1.85%20241.32%0.09%-1.14%-4.21%
Kuwait-3.28%2024-4.17%-6.07%-7.98%-10.00%
Kyrgyz Republic5.64%20247.27%10.94%14.62%15.00%
Laos2.19%20243.06%5.11%7.17%12.30%
Latvia1.28%2024-0.35%-3.65%-6.94%-10.00%
Lebanon-2.08%20230.15%4.70%9.25%15.00%
Lesotho1.14%20241.29%1.89%2.50%4.01%
Liberia1.07%20241.32%2.06%2.80%4.65%
Libya1.06%2024-1.16%-5.19%-9.22%-10.00%
Lithuania1.62%20240.75%-1.08%-2.90%-7.46%
Luxembourg-0.34%2024-0.70%-1.33%-1.96%-3.52%
Macao5.92%202410.95%15.00%15.00%15.00%
Madagascar1.16%20241.23%1.57%1.92%2.78%
Malawi-1.78%2024-3.57%-7.33%-10.00%-10.00%
Malaysia3.26%20243.49%4.21%4.93%6.73%
Maldives3.03%2024-0.58%-7.61%-10.00%-10.00%
Mali1.38%20241.83%2.83%3.83%6.33%
Malta3.42%20243.15%2.93%2.71%2.16%
Mauritania2.65%20243.66%5.96%8.26%14.00%
Mauritius5.35%20244.66%3.80%2.93%0.76%
Mexico0.10%20240.46%1.29%2.13%4.21%
Moldova0.07%2024-1.17%-4.01%-6.84%-10.00%
Mongolia4.01%20244.43%5.53%6.63%9.38%
Montenegro3.56%20241.53%-2.25%-6.03%-10.00%
Morocco2.69%20242.55%2.48%2.40%2.21%
Mozambique-1.24%2024-1.24%-1.41%-1.57%-1.98%
Myanmar-1.90%2024-2.19%-3.05%-3.91%-6.06%
Namibia0.97%20241.51%2.96%4.40%8.01%
Nepal3.65%20243.83%4.33%4.83%6.09%
Netherlands0.81%2024-0.28%-2.40%-4.53%-9.84%
New Zealand1.68%20241.31%0.69%0.08%-1.46%
Nicaragua1.64%20241.21%0.54%-0.13%-1.80%
Niger5.98%20247.26%10.55%13.85%15.00%
Nigeria1.05%20241.63%3.20%4.77%8.69%
North Macedonia0.94%20240.54%-0.26%-1.07%-3.08%
Norway1.36%20241.03%0.51%-0.00%-1.30%
Oman-3.42%2024-5.26%-9.47%-10.00%-10.00%
Pakistan1.34%20240.71%-0.50%-1.70%-4.72%
Panama1.22%2024-0.37%-3.64%-6.92%-10.00%
Papua New Guinea1.45%20242.53%5.02%7.50%13.72%
Paraguay3.28%20244.05%5.94%7.83%12.55%
Peru1.81%20241.50%0.99%0.48%-0.81%
Philippines3.78%20244.34%5.80%7.26%10.90%
Poland4.11%20243.35%1.92%0.49%-3.08%
Portugal1.12%20240.29%-1.35%-2.99%-7.11%
Puerto Rico (US)1.50%20242.79%5.84%8.88%15.00%
Qatar-4.61%2024-7.27%-10.00%-10.00%-10.00%
Romania1.11%20240.30%-1.60%-3.50%-8.26%
Russia4.09%20244.23%4.80%5.36%6.77%
Rwanda4.97%20241.75%-4.51%-10.00%-10.00%
Samoa4.43%20246.60%10.93%15.00%15.00%
Sao Tome and Principe-1.36%2024-1.45%-1.75%-2.04%-2.77%
Saudi Arabia-3.27%2024-5.77%-10.00%-10.00%-10.00%
Senegal2.95%20243.60%5.39%7.18%11.67%
Serbia1.46%20240.96%-0.15%-1.26%-4.03%
Sierra Leone1.47%20241.49%1.56%1.63%1.81%
Singapore1.75%2024-0.20%-4.06%-7.93%-10.00%
Slovakia1.89%20241.66%1.26%0.87%-0.12%
Slovenia1.37%20240.70%-0.74%-2.17%-5.75%
Solomon Islands-0.04%20240.75%2.65%4.54%9.27%
Somalia, Fed. Rep.0.40%20240.70%1.53%2.36%4.42%
South Africa-1.70%2024-3.45%-7.13%-10.00%-10.00%
South Korea1.27%20240.79%-0.17%-1.12%-3.52%
Spain0.66%20240.16%-0.74%-1.63%-3.86%
Sri Lanka2.24%20242.35%2.84%3.33%4.55%
St. Lucia1.52%20243.56%7.86%12.17%15.00%
St. Vincent and the Grenadines3.73%20244.24%5.49%6.73%9.85%
Sudan-5.68%2022-6.21%-7.60%-8.98%-10.00%
Suriname-0.14%20240.63%2.38%4.13%8.51%
Sweden1.35%20240.66%-0.65%-1.96%-5.23%
Switzerland0.76%2024-0.23%-2.25%-4.27%-9.32%
Syria-9.31%2022-9.97%-10.00%-10.00%-10.00%
Tajikistan5.24%20244.98%4.42%3.87%2.48%
Tanzania2.21%20242.61%3.53%4.45%6.75%
Thailand3.28%20243.47%4.19%4.91%6.71%
Timor-Leste-11.18%2024-10.00%-10.00%-10.00%-10.00%
Togo3.63%20244.05%5.12%6.18%8.85%
Tonga4.41%20234.23%4.24%4.25%4.28%
Trinidad and Tobago4.03%20244.42%5.78%7.14%10.55%
Tunisia1.38%20241.19%0.96%0.73%0.16%
Turkmenistan3.78%20243.78%3.64%3.50%3.16%
Türkiye0.25%2024-0.33%-1.81%-3.29%-7.00%
Uganda2.47%20243.60%6.29%8.98%15.00%
Ukraine5.44%20215.99%7.64%9.30%13.44%
United Arab Emirates-1.17%2024-2.10%-4.03%-5.96%-10.00%
United Kingdom0.55%2024-0.96%-3.98%-6.99%-10.00%
United States2.07%20242.00%1.91%1.82%1.60%
Uruguay1.81%20241.67%1.58%1.48%1.24%
Uzbekistan4.85%20244.88%5.07%5.27%5.76%
Vanuatu-1.74%2024-1.67%-1.63%-1.60%-1.51%
Vietnam6.44%20246.97%8.17%9.38%12.38%
Virgin Islands (U.S.)-4.17%2022-6.03%-10.00%-10.00%-10.00%
West Bank and Gaza-5.16%2022-5.54%-6.87%-8.20%-10.00%
Zambia0.22%2024-0.45%-1.63%-2.82%-5.78%
Zimbabwe-0.63%2024-1.86%-4.35%-6.84%-10.00%

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Sources

Methodology & source

Productivity uses a weighted composite model with a 7-year lookback, 55% recent-data weight, 80% confidence band, and horizons of 1, 3, 5, 10 years.

World Bank WDI, derived annual percent changeMethodology
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