UK Productivity Lower Than Most Of Major Economies

Output per hour in the UK was 16% lower than the rest of the industrialised countries of the G7 in 2012 according to the ONS. In terms of output per worker the UK was 19% behind the average for the rest.

UK output per hor and per worker fell whereas across the rest of the G7 they increased. Output per hour was 2% below the pre-recession level of 2007 and there is a 15% gap between its current level and where it would have been if it had grown at its pre-recession rate. There was a productivity gap of 5% for the rest of the G7.