Гренада

Apparent labour productivity is defined as value added at factor costs divided by the number of persons employed. This ratio is generally presented in thousands of euros per person employed.

Labour productivity per hour worked is calculated as real output (deflated GDP measured in chain-linked volumes, reference year 2010) per unit of labour input (measured by the total number of hours worked). Measuring labour productivity per hour worked provides a better picture of productivity developments in the economy than labour productivity per person employed, as it eliminates differences in the full time/part time composition of the workforce across countries and years.

Gross domestic product (GDP) is a measure for the economic activity. It is defined as the value of all goods and services produced less the value of any goods or services used in their creation. GDP per person employed is intended to give an overall impression of the productivity of national economies expressed in relation to the European Union average. If the index of a country is higher than 100, this country's level of GDP per person employed is higher than the EU average and vice versa. Basic figures are expressed in PPS, i.e. a common currency that eliminates the differences in price levels between countries allowing meaningful volume comparisons of GDP between countries. Please note that 'persons employed' does not distinguish between full-time and part-time employment. Labour productivity per hour worked is calculated as real output per unit of labour input (measured by the total number of hours worked). Measuring labour productivity per hour worked provides a better picture of productivity developments in the economy than labour productivity per person employed, as it eliminates differences in the full time/part time composition of the workforce across countries and years.

PCI is calculated as a geometric average of eight domains or categories, namely, ICTs, structural change, natural capital, human capital, energy, transport, the private sector and institutions

The labour productivity = GDP/ETO with GDP = Gross domestic product, chain-linked volumes reference year 2010 ETO = Total employment, all industries, in persons The GDP per person employed is intended to give an overall impression of the productivity of national economies expressed in relation to the European Union average. If the index of a country is higher than 100, this country's level of GDP per person employed is higher than the EU average and vice versa. Basic figures are expressed in PPS, i.e. a common currency that eliminates the differences in price levels between countries allowing meaningful volume comparisons of GDP between countries. Please note that persons employed does not distinguish between full-time and part-time employment. The input data are obtained through official transmissions of national accounts' country data in the ESA 2010 transmission programme. Data are expressed as percentage change comparing year Y with year Y-1 and as Index 2010.

The indicator is defined as the gross domestic product (GDP) divided by domestic material consumption (DMC). DMC measures the total amount of materials directly used by an economy. It is defined as the annual quantity of raw materials extracted from the domestic territory of the local economy, plus all physical imports minus all physical exports. It is important to note that the term 'consumption', as used in DMC, denotes apparent consumption and not final consumption. DMC does not include upstream flows related to imports and exports of raw materials and products originating outside of the local economy.

This metadata refers to two datasets based one and the same data collection:Material flow accounts (env_ac_mfa): detailed material input flows into the national economy (in tonnes)Resource productivity (env_ac_rp): various ratios of gross domestic product (GDP) over domestic material consumption (DMC)   1. Economy-wide material flow accounts (EW-MFA) compile material flow inputs into national economies. EW-MFA cover all solid, gaseous, and liquid material inputs, except for water and air, measured in mass units per year. Like the system of national accounts, EW-MFA constitute a multi-purpose information system. The detailed material flows provide a rich empirical database for numerous analytical purposes. Further, EW-MFA are used to derive various material flow indicators such as:Domestic extraction (DE): total amount of material extracted for further processing in the economy, by resident units from the natural environment;Imports (IMP): imports of products in their simple mass weight;Direct material input (DMI): measures the direct input of material into the economy; it includes all materials which are of economic value and which are availble for use in production and consumption activities (DE+IMP);Exports (EXP): exports of products in their simple mass weight;Domestic material consumption (DMC): measures the total amount of material actually consumed domestically by resident units (DE+IMP-EXP). Note: IMP and EXP are distinguished into extra-EU-trade and total trade.   2. Resource productivity (GDP/DMC) is defined as the ratio of gross domestic product (GDP) over domestic material consumption (DMC) and commonly expressed in Euro per kilogram of material. The data set env_ac_rp employs different types of GDP for calculating this ratio, depending on the analytical perspective (see item 4). The term designates an indicator that reflects the GDP generated per unit of resources used by the economy. This is typically a macro-economic concept that can be presented alongside labour or capital productivity.

Resource productivity is gross domestic product (GDP) divided by domestic material consumption (DMC). DMC measures the total amount of materials directly used by an economy. It is defined as the annual quantity of raw materials extracted from the domestic territory of the focal economy, plus all physical imports minus all physical exports. For the calculation of resource productivity, Eurostat uses GDP either in unit 'EUR in chain-linked volumes' (to the reference year 2010 at 2010 exchange rates) or in unit 'PPS' (Purchasing Power Standard). Consequently, the indicator is expressed: i) in euro per kg, for comparing the changes in one country over time; ii) in PPS per kg, for comparing different countries in one specific year. It is also calculated as an index on year 2000, for comparing countries in different years.