Labor productivity in the Netherlands lower after corona, higher in the eurozone
the labor productivity is the gross domestic product (GDP) per hour worked. In the period between the second quarter of 2019, before corona, and the second quarter of 2022, it started, but has paid more hours worked, labor productivity has been obtained.
In the eurozone, GDP arrives later in the Netherlands to a lesser extent, but the number of hours worked in the eurozone is less and labor productivity is 0.9 percent higher than three years earlier.
Eurozone | 1.2 | 2.2 | 1.0 |
---|---|---|---|
The Netherlands | 7.4 | 5.9 | -1.4 |
Belgium | 0.7 | 3.1 | 2.3 |
Germany | -0.9 | 0.7 | 1.6 |
France | 3.7 | 1.0 | -2.6 |
Source: CBS, Eurostat | |||
*provisional figures |
Population growth in the Netherlands higher
That the number of people employed in the Netherlands rose more sharply than in the other countries, partly due to a larger population growth. On January 1, 2022, the Dutch population was ten at 1.8 percent compared to three years earlier. These percentages were lower in Belgium, Germany and France. The 20 to 65-year-olds – the age category in which many people work – are also stronger than in countries. In Germany and France, the number of 20 to 65-year-olds has even decreased due to an aging population.
The magnitude of the total growth in the Netherlands may reflect the stronger growth in the number of works The number of hours worked per inhabitant also increased more sharply in the Netherlands. This also applies to the number of hours worked per 20 to 65 year olds. The employment rate also increased in France.
Belgium | 1.3 | 0.6 |
---|---|---|
Germany | 0.3 | -1.0 |
France | 0.8 | 0.0 |
The Netherlands | 1,8 | 1,5 |
Eurozone | 0.4 | |
Source: CBS, Belstat, Destatis, INSEE, Eurostat | ||
Eurozone age distribution unknown * preliminary data |
Labor productivity mainly lower due to government and financial services
The increase in decline in labor productivity varies greatly per activity. For the labor productivity of income, value added in basic prices is used instead of gross domestic product. 11.3 percent more work was done in the financial services sector, the added value of almost 4 percent has ended,
Government is a great education. This is the impact of the decline in labor productivity of this total labor productivity large. The decrease in labor productivity is developed by an extension of the hours worked, the added value of 6.7 percent has been implemented.
Agriculture also stands out. Due to a decrease in the number of hours worked by 11.7 percent and an increase in the added value of 1.2 percent, the proceeds have been implemented by 14.6 percent.
Agriculture, forestry, fishing | 14.6 |
---|---|
Industry (excl. construction) | 3.3 |
Information and communication | 1.4 |
Business services | 1.2 |
Construction | 0.0 |
Trade, transport and catering | -0.6 |
Culture, sports recreation, other services | -3.2 |
Real estate rental and trade | -3.7 |
Government, education and care | -5.5 |
Financial services | -13.7 |
Source: CBS, Eurostat | |
*provisional figures |