The concepts described on these pages are words and expressions used in statistics with a specific, limited meaning. In everyday speech the word may have a different meaning. In connection with each definition you can find information about which sets of statistics use the concept.
If you are looking for statistical figures, go from the definition to the statistics page.
Labour productivity
Labour productivity is calculated by dividing gross domestic product (i.e. value added) or output by the number of hours worked to achieve it. According to the neoclassical economic theory, economic growth is born out of growth in productivity of labour.
Statistics using the definition
Validity of the definition
- Valid
Source organisation
- Tilastokeskus
Jaa