Productivity in industry

  • Labour productivity rises faster in industry than in the overall economy

    Labour productivity in the industry in the Flemish Region can be estimated at 115,900 euro in 2019. This is the average gross value added produced by an employee. 

     
    Labour productivity increased almost constantly between 2005 and 2018. It only slowed down during the recession years of 2008 and 2009. This was due to slumping sales as a result of the financial-economic crisis. Employment, however, dropped only later due to the relatively strong social protection of employees through which they cannot easily be laid off. 

     
    For 2019, labour productivity for the overall Flemish economy is estimated at a lower level (86,100 euro). Growth of labour productivity in the overall economy was also lower than for industry: between 2005 and 2019, labour productivity in the overall economy grew by 32% while it grew by 47% in industry.  

  • Flemish labour productivity higher than EU average

    n 2016, labour productivity in industry in Belgium was highest in the Flemish Region (107,300 euro), followed by the Walloon Region (97,800 euro) and the Brussels-Capital Region (88,300 euro). 

     

    The EU average is lower (67,300 euro in 2015). In comparison with our neighbours, the Netherlands is the only country with higher labour productivity figures (108,400 euro).  

Sources

Institute of National Accounts (INR): Regional accounts 
Eurostat: National Accounts – detailed breakdowns 

Definitions

Labour productivity: a measure of efficiency of the labour deployed. This shows the relationship between the gross value added and employment in a sector, or in a country or region.  
Gross value added: the difference between the market value of the goods and services produced in one year and the market value of the goods and services used in the production process in one year 
Employment: the total number of persons (salaried and self-employed) working in a country or region 
Industry: the sector includes the extraction of minerals and the processing industry but not petroleum refining. 

 

Publication date

23 July 2019

More numbers

Previous revisions