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Table 2. Unit labor costs, compensation, and output in national currency


Table 2. Unit labor costs, compensation, and output
         National currency basis, manufacturing, 19 countries, 1979-2011
         Average annual compound rates of change

Country               Indicator                1979-2011  1979-1990  1990-2000  2000-2007  2007-2011  2009-2010  2010-2011

United States         Unit labor costs            0.2        2.5       -0.4       -2.2       -0.7       -9.1        0.6
                          Compensation            2.9        4.9        3.8        0.6       -1.0        1.1        4.9
                          Output                  2.7        2.3        4.2        2.9       -0.3       11.2        4.3

Australia             Unit labor costs            NA         NA         1.6        2.8        2.4        0.0        3.1
                          Compensation            NA         NA         3.1        4.4        1.2        0.7        1.0
                          Output                  1.2        1.6        1.5        1.5       -1.2        0.7       -2.1

Belgium               Unit labor costs            1.1        1.8        0.2        1.0        2.0       -3.7       -1.0
                          Compensation            2.4        4.4        1.6        1.7       -0.2        0.9        2.3
                          Output                  1.2        2.6        1.5        0.7       -2.2        4.8        3.3

Canada                Unit labor costs            2.0        4.6       -0.3        2.7       -0.1       -5.8        0.3
                          Compensation            3.5        6.5        3.8        2.1       -2.8       -0.9        2.8
                          Output                  1.4        1.9        4.2       -0.6       -2.8        5.2        2.4

Czech Republic        Unit labor costs            NA         NA         NA        -1.8       -5.4       -8.8       -7.5
                          Compensation            NA         NA         NA         7.4       -0.3        3.8        1.5
                          Output                  NA         NA         NA         9.4        5.4       13.8        9.8

Denmark               Unit labor costs            2.6        5.5        0.5        2.1        1.1       -5.4        0.0
                          Compensation            3.5        7.0        2.5        2.5       -2.1       -4.0        1.4
                          Output                  0.8        1.4        2.0        0.5       -3.1        1.5        1.5

Finland               Unit labor costs            1.2        5.7       -2.2       -3.1        5.2       -9.6        2.7
                          Compensation            4.7        9.4        3.3        2.9       -0.9       -1.3        4.7
                          Output                  3.5        3.4        5.5        6.2       -5.8        9.1        2.0

France                Unit labor costs            2.1        5.8       -0.2        0.1        1.7       -3.9        0.3
                          Compensation            3.0        6.7        1.7        1.3       -0.1       -0.5        1.4
                          Output                  0.9        0.9        1.9        1.2       -1.8        3.6        1.2

Germany               Unit labor costs            1.6        3.3        1.4       -2.2        3.8       -8.6       -2.2
                          Compensation            2.5        4.6        2.0        0.7        1.4        1.8        5.8
                          Output                  1.0        1.2        0.6        3.0       -2.4       11.3        8.1

Italy                 Unit labor costs            4.4        8.8        1.9        2.1        3.1       -6.3        2.5
                          Compensation            5.5       11.6        3.2        3.0       -0.6        0.3        3.2
                          Output                  1.0        2.6        1.3        0.8       -3.5        7.0        0.6

Japan                 Unit labor costs           -1.1        0.7       -0.9       -4.4       -1.0      -13.9        5.1
                          Compensation            1.1        5.5       -0.1       -1.8       -2.3        1.8        1.3
                          Output                  2.3        4.7        0.8        2.6       -1.4       18.2       -3.6

Korea, Republic of    Unit labor costs            3.7        7.9        2.6        1.6       -0.7       -0.6       -6.1
                          Compensation           12.6       19.5       11.3        8.5        4.9       14.0        0.6
                          Output                  8.5       10.8        8.4        6.8        5.6       14.7        7.2

Netherlands           Unit labor costs            0.5        0.8        0.3       -0.1        1.3       -6.9       -1.9
                          Compensation            2.6        3.2        3.0        1.9        1.0       -0.5        1.6
                          Output                  2.1        2.4        2.7        2.0       -0.3        6.9        3.5

Norway                Unit labor costs            4.0        6.7        3.4        2.3        1.3       -1.9        1.8
                          Compensation            4.7        6.1        4.5        4.7        1.5        0.3        3.8
                          Output                  0.7       -0.6        1.2        2.3        0.1        2.2        1.9

Singapore             Unit labor costs            0.2        3.7       -1.5       -1.1       -3.0      -18.3       -2.6
                          Compensation            7.0       11.3        5.8        4.4        3.2        6.0        4.8
                          Output                  6.8        7.3        7.4        5.5        6.4       29.7        7.6

Spain                 Unit labor costs            3.9        7.8        2.7        2.4       -0.5       -5.0       -3.6
                          Compensation            5.4       10.1        5.5        3.5       -3.7       -4.5       -1.2
                          Output                  1.4        2.1        2.8        1.1       -3.2        0.5        2.4

Sweden                Unit labor costs            1.1        6.6       -2.1       -2.3        1.0      -17.5       -0.5
                          Compensation            4.5        8.4        3.6        2.8       -0.3       -1.2        5.5
                          Output                  3.3        1.7        5.8        5.2       -1.3       19.8        6.1

Taiwan                Unit labor costs            0.5        5.5        0.2       -3.8       -4.0       -9.4        1.8
                          Compensation            7.1       13.5        5.2        3.1        1.9       13.6        6.8
                          Output                  6.5        7.5        5.0        7.2        6.2       25.4        4.9

United Kingdom        Unit labor costs            2.7        6.1        1.3        0.6        1.1        0.7       -2.3
                          Compensation            3.1        7.0        2.2        0.6       -0.6        4.5       -0.2
                          Output                  0.4        0.9        0.9        0.1       -1.7        3.8        2.1

NOTE: German data for years before 1991 pertain to the former West Germany.
NA=data not available.

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Last Modified Date: December 06, 2012