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.
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.