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Labour productivity grew slightly in 2023

Release related to topics:National economyEnterprises
release | Growth and productivity measures 2023

According to Statistics Finland's preliminary data, the productivity of private sector labour grew by 0.5 per cent in 2023. The trend in labour productivity has been growing slowly since the mid-2010s.

Key selections

  • The productivity of private sector labour increased by 0.5 per cent in 2023.
  • The contribution of multi-factor productivity to the change in labour productivity was 0.2 percentage points.
  • The contribution of capital intensity was -0.1 percentage points, while the contribution of the quality of labour input was -0.3 percentage points.
  • The contribution of the industry-specific reallocation was 0.7 percentage points.
  • The longer-term analysis can be read in the release published in March 2022.

Database tables

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Updated database tables
138w
Classifications used:
  • Industry
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:
138x
Classifications used:
  • Industry
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:
138y
Classifications used:
  • Industry
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:
138z
Classifications used:
  • Industry
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:
139a
Classifications used:
  • Industry
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:

Future releases

Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Growth and productivity measures [online publication].
Reference period: 2023. ISSN=2954-0933 . Helsinki: Statistics Finland [Referenced: 26.12.2024].
Access method:

Statistical experts

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