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Growth and productivity measures 2021

Labour productivity grew in 2021

release

According to Statistics Finland the productivity of private sector labour increased by 1.5 per cent in 2021. The highest positive contribution was seen in growth in multi-factor productivity, which was 2.2 percentage points. In the previous year, 2020, the growth in labour productivity was primarily explained by industry-specific reallocation as working hours decreased due to corona shutdowns in service industries with lower productivity. The trend in labour productivity has been growing slowly since the mid-2010s.

Correction

There has been an error in the calculations of the capital input and data by character level industry of growth and productivity measures, for which reason the entire time series has been updated.

Read more about the correction

Key selections

  • The productivity of private sector labour increased by 1.5 per cent in 2021. The volume of value added grew by 3.8 per cent and the number of hours worked by 2.3 per cent.
  • The contribution of capital intensity to the change in labour productivity was -0.3 percentage points, while the contribution of the quality of labour input was 0.1 percentage points.
  • The contribution of the industry-specific reallocation was -0.5 percentage points.
  • The contribution of multi-factor productivity was 2.2 percentage points.
  • The longer-term analysis can be read in the release published in March 2022.

Database tables

Pick the data you need into tables, view the data as graphs, or download the data for your use.

Updated database tables
138w
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Industry
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year
Updating frequency:
two times a year
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138z
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Industry
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year
Updating frequency:
two times a year
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Updated:
138x
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Industry
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year
Updating frequency:
two times a year
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138y
Classifications used:
Industry
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year
Updating frequency:
two times a year
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139a
Classifications used:
Industry
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year
Updating frequency:
two times a year
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Future releases

Referencing instructions

Growth and productivity measures [online publication].
Reference period: 2021. ISSN=2954-0933 . Helsinki: Statistics Finland [Referenced: 12.5.2026].
Access method:

Related topics

National economyEnterprises

Contact information

Service email
kansantalous@stat.fi

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Marja Sauli
Senior Statistician
029 551 3797

Other experts

Santtu Kerko
Senior Statistician
029 551 3376

Head of Department in charge

Katri Kaaja
Head of Department in charge
029 551 3488