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Labour productivity grew slightly in 2023

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
Period:
annual
Statistics:
Updated:
138x
Classifications used:
  • Industry
Period:
annual
Statistics:
Updated:
138y
Classifications used:
  • Industry
Period:
annual
Statistics:
Updated:
138z
Classifications used:
  • Industry
Period:
annual
Statistics:
Updated:
139a
Classifications used:
  • Industry
Period:
annual
Statistics:
Updated:

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Service email
kansantalous@stat.fi
Marja Sauli
Senior Statistician
029 551 3797
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