1. Home
  2. Studies
  3. An International Comparison of Industrial Productivity and Unit Labour Costs
Christoph Schröder IW-Trends No. 4 25. December 2013 An International Comparison of Industrial Productivity and Unit Labour Costs
Download PDF
An International Comparison of Industrial Productivity and Unit Labour Costs
Christoph Schröder IW-Trends No. 4 25. December 2013

An International Comparison of Industrial Productivity and Unit Labour Costs

IW-Trends

Download PDF

Share this article:

or copy the following link:

The link was added to your clipboard!

German Economic Institute (IW) German Economic Institute (IW)

In 2012 unit labour costs in German industry increased by more than 4 per cent, making them 10 per cent higher than in 2007, the last year before the crisis. In 2012 foreign industry was 15 per cent less productive on average. Abroad, however, labour costs are also 19 per cent lower, giving Germany a high level of industrial unit labour costs. Overall, foreign countries have an advantage of 5 per cent lower unit labour costs – not least because they are almost one fifth lower in the USA. By contrast, unit labour costs in the member states of the European Union are almost 2 per cent higher, and over 3 per cent higher in the Eurozone. A long-term perspective shows that unit labour costs in both German and foreign industry are at present approximately as high as in the early 1990s. Neither the long- and short-term dynamics nor the current level of unit labour costs provide evidence of wage restraint having made German industry unduly competitive on price.

Download PDF
An International Comparison of Industrial Productivity and Unit Labour Costs
Christoph Schröder IW-Trends No. 4 25. December 2013

Christoph Schröder: Produktivität und Lohnstückkosten der Industrie im internationalen Vergleich

IW-Trends

Download PDF

German Economic Institute (IW) German Economic Institute (IW)

Share this article:

or copy the following link:

The link was added to your clipboard!

More on the topic

Read the article
Security Policy and Defense Capability after the Russian Invasion of Ukraine
Klaus-Heiner Röhl / Hubertus Bardt / Barbara Engels IW-Policy Paper No. 4 15. August 2022

A new era for the Defense Economy?

The Russian attack on Ukraine has brought the question of the German Armed Forces’ operational capability back into focus. National defence, which seemed to play only a minor role with the end of the Cold War and the dissolution of the Warsaw Pact and the ...

IW

Read the article
Hubertus Bardt IW-Report No. 41 8. November 2021

Industry, climate protection and trade: Balancing different costs and prices for industrial climate protection

In interrelated markets for exchangeable goods there is - apart from transaction costs - only one single price. In contrast, international climate protection is characterized by very different prices for greenhouse gas emissions.

IW

Content element with id 8880 Content element with id 9713