National Income

(asked on 6th January 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, by how much gross domestic product per hour of work has changed since 2010; and if he will make a comparative estimate of the level of change in other G7 countries.


Answered by
Andrew Griffith Portrait
Andrew Griffith
Minister of State (Department for Science, Innovation and Technology)
This question was answered on 16th January 2023

UK output per hour worked has grown by 6.5% during the period 2010 to 2021 (inclusive) with an average annual growth rate of 0.5% according to the OECD. Among the G7 economies Italy has grown by 6.0% over the same period, while information about other G7 economies can be found at the following link: https://stats.oecd.org/Index.aspx?DataSetCode=PDB_LV. Estimates of hours worked in 2020 and 2021 were impacted by the pandemic and labour market support schemes, which varied by economies and may affect comparability of these figures.

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