Publication - Progress report

State of the economy: October 2018

Published: 23 Oct 2018
Directorate:
Chief Economist Directorate
Part of:
Economy
ISBN:
9781787813144

Report produced tri-annually by the Chief Economic Adviser to provide a picture of the Scottish economy in an international context.

State of the economy: October 2018
Labour Productivity

Labour Productivity

The stronger pace of output growth over the past year alongside the continued strength in the labour market corresponds to the rebound in labour productivity performance over the period.

In Q1 2018, Scottish labour productivity (output per hour worked) grew by 1.7% over the quarter following growth of 2.1% in the previous quarter.

Scotland Productivity Growth

Scotland Productivity Growth

However, despite the stronger quarterly growth profile, on the more stable rolling annual basis (comparing the latest 4 quarters with the previous 4 quarters) labour productivity continues to be slightly weaker, falling 0.4% over the period.

While less negative than previously, it reflects that over the year, the growth in average hours worked continued to outpace growth in GVA (1.7% and 1.3% respectively).


Contact

Email: Office of the Chief Economic Adviser