Photographs: The Des Moines Register/Mary Chind/Handout/Reuters
Global labour productivity growth is sluggish. The latest data from the Conference Board, a business-research firm, show productivity growth (measured by GDP per employed person) fell to 1.8 per cent in 2012 from 2.3 per cent in 2011, according to The Economist.
Let's take a look at how productive workers are in India and around the world.
Source: The Economist
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: Workers check on electricity pylon situated amid farmlands in Chuzhou, Anhui province, China.Photographs: China Daily/Reuters
China
Average growth in productivity (2003-2007): 11.9 per cent
Average growth in productivity (2008-2012): 8.8 per cent
GDP per worker compared to an American worker (2012): 17 per cent
Overall rank: 1
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: A worker stands on scaffolding at the construction site of a bridge on the outskirts of Jammu.Photographs: Mukesh Gupta/Reuters
India
Average growth in productivity (2003-2007): 6.3 per cent
Average growth in productivity (2008-2012): 5.1 per cent
GDP per worker compared to an American worker (2012): 10 per cent
Overall rank: 2
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: Workers pour concrete on a platform at the construction site of the Guadalhorce river viaduct for the Granada-Malaga high-speed train AVE line near Antequera, southern Spain.Photographs: Jon Nazca/Reuters
Spain
Average growth in productivity (2003-2007): Minus 0.1 per cent
Average growth in productivity (2008-2012): 2.1 per cent
GDP per worker compared to an American worker (2012): 75 per cent
Overall rank: 3
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: Workers on a construction site in central Seoul.Photographs: Lee Jae-Won/Reuters
South Korea
Average growth in productivity (2003-2007): 3.1 per cent
Average growth in productivity (2008-2012): 2 per cent
GDP per worker compared to an American worker (2012): 61 per cent
Overall rank: 4
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: Construction workers are seen on the bridge across the Golden Horn bay in Russia's far-eastern port of Vladivostok.Photographs: Yuri Maltsev/Reuters
Russia
Average growth in productivity (2003-2007): 6.7 per cent
Average growth in productivity (2008-2012): 1.8 per cent
GDP per worker compared to an American worker (2012): 35 per cent
Overall rank: 5
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: Workers place an iron beam on the 100th storey of One World Trade Center in New York.Photographs: Lucas Jackson/Reuters
The United States
Average growth in productivity (2003-2007): 1.7 per cent
Average growth in productivity (2008-2012): 1.6 per cent
GDP per worker compared to an American worker (2012): 100 per cent
Overall rank: 6
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: A worker walks past cables at the Maracana Stadium in Rio de Janeiro.Photographs: Gary Hershorn/Reuters
Brazil
Average growth in productivity (2003-2007): 1.7 per cent
Average growth in productivity (2008-2012): 1.6 per cent
GDP per worker compared to an American worker (2012): 18 per cent
Overall rank: 7
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: Construction workers put the finishing touches to an apartment building in Sydney.Photographs: Tim Wimborne/Reuters
Australia
Average growth in productivity (2003-2007): 1 per cent
Average growth in productivity (2008-2012): 0.8 per cent
GDP per worker compared to an American worker (2012): 87 per cent
Overall rank: 8
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: A worker stands on a crane at a construction site at Keihin industrial zone in Kawasaki, south of Tokyo.Photographs: Toru Hanai/Reuters
Japan
Average growth in productivity (2003-2007): 1.8 per cent
Average growth in productivity (2008-2012): 0.2 per cent
GDP per worker compared to an American worker (2012): 71 per cent
Overall rank: 9
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: Workers carry out works in the underground deep drainage tunnel system in Mexico City.Photographs: Felipe Leon/Reuters
Mexico
Average growth in productivity (2003-2007): 1.6 per cent
Average growth in productivity (2008-2012): 0.1 per cent
GDP per worker compared to an American worker (2012): 34 per cent
Overall rank: 10
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: Construction workers enter a building in Paris.Photographs: Gonzalo Fuentes/Reuters
France
Average growth in productivity (2003-2007): 1.5 per cent
Average growth in productivity (2008-2012): 0.1 per cent
GDP per worker compared to an American worker (2012): 80 per cent
Overall rank: 11
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: Workers at the construction site of the Berlin Brandenburg International Airport Willy Brandt in Schoenefeld, Berlin.Photographs: Fabrizio Bensch/Reuters
Germany
Average growth in productivity (2003-2007): 1.7 per cent
Average growth in productivity (2008-2012): Minus 0.2 per cent
GDP per worker compared to an American worker (2012): 74 per cent
Overall rank: 12
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: A construction worker walks past a colourful hoarding in the city of London.Photographs: Luke MacGregor/Reuters
The United Kingdom
Average growth in productivity (2003-2007): 2.1 per cent
Average growth in productivity (2008-2012): Minus 0.4 per cent
GDP per worker compared to an American worker (2012): 78 per cent
Overall rank: 13
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: Workers carry materials outside a construction site in downtown Milan.Photographs: Alessandro Garofalo/Reuters
Italy
Average growth in productivity (2003-2007): 0.1 per cent
Average growth in productivity (2008-2012): Minus 0.6 per cent
GDP per worker compared to an American worker (2012): 73 per cent
Overall rank: 14
Complete coverage: Union Budget 2013-14
Budget Impact Live!
...
How productive are workers in India, world? Find out
Image: A construction worker in the town of Thebes, about 88km northwest of Athens.Photographs: John Kolesidis/Reuters
Greece
Average growth in productivity (2003-2007): 2.1 per cent
Average growth in productivity (2008-2012): Minus 1.9 per cent
GDP per worker compared to an American worker (2012): 60 per cent
Complete coverage: Union Budget 2013-14
Budget Impact Live!
Overall rank: 15
article