Ministry of Economy: Labor productivity has fallen in Ukraine
Labor productivity of Ukrainians in 2015 decreased by 1% compared to 2014 and amounted to 120,4 thousand hryvnia.
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This was reported in an analytical material published on the website of the Ministry of Economic Development and Trade.
“In 2015, labor productivity (in actual prices) of one employed person in Ukraine was 120,4 thousand hryvnia. Compared to the previous year, there was a drop in labor productivity per employee in 2015 by 1%, while the number of employed people aged 15-70 years decreased by 9%. As a result, in 2015 the decline in real GDP compared to 2014 was 9,9%,” the analytical material says.
At the same time, the ministry noted that capital productivity in Ukraine in 2015 decreased by 6,6%.
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