Labour productivity - Total of economy



LABOUR PRODUCTIVITY
Q1-2020* Total Economy
GDP per employed-current prices, BGN 7 526.1
GDP per employed-at previous year prices, BGN 7 267.9
GDP per employed-at 2015 prices, BGN 6 264.6
Volume indices of GDP per employed at previous year = 100 (%) 102.5
Volume indices of GDP per employed at 2015 prices = 100 (%) 114.9
GDP per hour worked - current prices, BGN 18.5
GDP per hour worked - at previous year prices, BGN 17.9
GDP per hour worked - at 2015 prices, BGN 15.4
Volume indices of GDP per hour worked at previous year = 100 (%) 102.4
Volume indices of GDP per hour worked at 2015 prices = 100 (%) 114.5
GVA ** per employed-current prices, BGN 5 903.2
GVA ** per employed-at previous year prices, BGN 5 664.8
GVA ** per employed-at 2015 prices, BGN 4 869.4
Volume indices of GVA per employed at previous year = 100 (%) 102.9
Volume indices of GVA per employed at 2015 prices = 100 (%) 115.2
GVA ** per hour worked-current prices, BGN 14.5
GVA ** per hour worked-at previous year prices, BGN 14.0
GVA ** per hour worked-at 2015 prices, BGN 12.0
Volume indices of GVA per hour worked at previous year = 100 (%) 102.8
Volume indices of GVA per hour worked at 2015 prices = 100 (%) 114.7

* Preliminary data
** GVA of the imputed rent is not included in the estimation of labour productivity
04.06.2020
Labour productivity - Total of economy - Labour productivity
Contact
Contact organisation

National Statistical Institute

Contact organisation unit

Non-financial National and Regional Accounts

Contact name

Marin Gergov

Contact person function

State expert

Contact mail address

2 P. Volov Str., Sofia 1038

Contact email address

[email protected]

Contact phone number

+359 2 9857 537

Contact fax number
Metadata update
Metadata last certified16 April 2020
Metadata last posted16 April 2020
Metadata last update16 April 2020
Statistical presentation
Data description

Labour productivity is an economic indicator that compares the result achieved (newly created product) with input labour factor when carrying out an economic activity of an economic territory for a specified period. This indicator provides estimates of the growth rate of labor productivity. At national level, the result of productive activity is measured by Gross Domestic Product (GDP) and value added (VA) generated by all manufacturing sectors in the national economy. All evaluations are made in accordance with accepted practices on national accounts to allow for comparability of labor productivity across sectors. The labor productivity is a key indicator of the achieved level of economic development.

Classification system

Classification of Economic Activities (NACE.Rev.2-2008)

Sector coverage

Total of economy

Statistical concepts and definitions

The main components of labor productivity are indicators measuring the result of performed the manufacturing activity (Numerator) and indicators of labor input in the production process (the denominator).

At the national level, the result of the production activity is measured with Gross Domestic Product (GDP) and Gross Value Added (GVA) created by all the productive sectors of the national economy. GDP is a key indicator in the system of national economic accounts, which represents the final result of the production activity of all resident producer units (ESNS2010, 8.89 ). The relationship between GDP and GVA is determined by how quantification works finished product. GDP is valued at market prices, including taxes on products and imports net of subsidies on products. GVA measures the result of the production activity at basic prices before taxes, including subsidies on products and services. BDS is an indicator that is applicable to the calculation of labor productivity at the national level and at the level of production activities or regions.

The use of this indicator in the national practice is consistent with the specific methodological scope of the sector " Letting of own property " activity of CEA 2008 - in the composition of GVA includes assessing the imputed rent of dwellings rented by their owners , who for Bulgaria is dominant - almost 90 % of the population live in their own homes. Added value of imputed rent of owner-occupiers is classified entirely as operating surplus in the composition of the account "Generation of income" and is not directly connected with employment. For this reason, value added as a result of contingent rental housing is excluded in calculating the productivity of labor in the services sector and the economy as a whole.

Labor factor in production in the composition of the index of labor productivity is measured by the number of persons employed in resident production units of the national economy and spent their time - hours worked.

Measurement of the number of employees and hours worked by them is subject to the definitions and concepts (ESA2010 11.11, 12.11), as these concepts and definitions apply in assessing the performance of the result of their economic activity.

Statistical unit

Institutional unit under ESA 2010 - enterprise, household, public institution.

Statistical population

Economic territory of the country

Reference area

Bulgaria

Time coverage

from 2000 (Infostat)

Base period

2015

Unit of measure

BGN, % (change from previous year)

Reference period

Quarter

Institutional mandate
Legal acts and other agreements

REGULATION (EU) No 549/2013 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

Data sharing
Confidentiality
Confidentiality - policy

· Law on Statistics;

· Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4)) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society.

Confidentiality - data treatment
Release policy
Release calendar

Date of publication of statistical information is available in the Calendar for the results of statistical surveys of NSI. Statistics published: 9 months after the reporting period.

Release calendar access

The calendar is available on the NSI website: http://www.nsi.bg/en/node/480

User access

Data is published on the NSI website, section Macroeconomic statistics - Gross Domestic Product in accordance with the Law on Statistics and the European Statistics Code of Practice respecting the professional independence and aimed at objectivity, transparency and equal treatment of all consumers.

Frequency of dissemination

Quarterly

Accessibility and clarity
News release

Press Release

Publications
On-line database

Data are available to all users of the NSI website under the heading Macroeconomic statistics - Gross Domestic Product - Employed persons, hours worked and labour productivity - Quarterly data - Labour productivity - Total of economy: http://www.nsi.bg/en/node/5542

Micro-data access

Not applicable.

Other
Documentation on methodology

European System of National Accounts (2010) (Eurostat).

Quality documentation
Quality management
Quality assurance

· European Statistics Code of Practice;

· Common framework for quality management in the National Statistical System.

Quality assessment

Questionnaire on the implementation of the principles of the European Statistics Code of Practice.

Relevance
User needs
User satisfaction
Completeness
Accuracy and reliability
Overall accuracy
Sampling error
Non-sampling error
Timeliness and punctuality
Timeliness

Quarterly rates:

  • Current quarterly estimates of GDP - T +65 days after the reporting period
Punctuality
Coherence and comparability
Comparability - geographical
Comparability - over time
Coherence - cross domain

Additional information on other indicators in national accounts are available in other subject areas related to national accounts.

Coherence - internal
Cost and burden
Data revision
Data revision - policy

In practice, the system of national accounts, there are two main types of revisions beyond the scope and content of the methods of seasonal adjustment. The first type of audits is ongoing, regular characterized by the presence of new or updated statistical information based on statistical surveys or administrative sources. The second type of revisions is related to a change in the methodology and calculation procedures for specific statistical indicators

Data revision - practice

National accounts data are subject to continuous routine revisions as new input data becomes available. This will typically also entail revisions of the national accounts aggregates, which are derived from these data. In BG national accounts two types of revisions are: regular –  preliminary, final data; and main - based on implementation of new methodology or GNI reservations.

Statistical processing
Source data

Annual Report of enterprises, Consolidated State Budget Labour Force Survey, Report on employees hours worked, wage and other labor costs.

Frequency of data collection

Quarterly

Data collection

Quarterly data

Data validation

Implementation of validated procedures for assessing data quality.

Data compilation

Implementation of validated procedures for assessing the quality of data and the development of estimation of the completeness of the data.

Adjustment
Comment
Metadata Structure Definition in SDMX 2.1: ESMS_MSD+BNSI+2.0+SDMX.2.1.xml
Metadata Structure Definition in SDMX 2.0: ESMS_MSD+BNSI+2.0+SDMX.2.0.xml
Labour productivity - Total of economy - Labour productivity
Contact
Contact organisation

National Statistical Institute

Contact organisation unit

Non-financial National and Regional Accounts

Contact name

Marin Gergov

Contact person function

State expert

Contact mail address

2 P. Volov Str., Sofia 1038

Contact email address

[email protected]

Contact phone number

+359 2 9857 537

Contact fax number
Statistical presentation
Data description

Labour productivity is an economic indicator that compares the result achieved (newly created product) with input labour factor when carrying out an economic activity of an economic territory for a specified period. This indicator provides estimates of the growth rate of labor productivity. At national level, the result of productive activity is measured by Gross Domestic Product (GDP) and value added (VA) generated by all manufacturing sectors in the national economy. All evaluations are made in accordance with accepted practices on national accounts to allow for comparability of labor productivity across sectors. The labor productivity is a key indicator of the achieved level of economic development.

Classification system

Classification of Economic Activities (NACE.Rev.2-2008)

Sector coverage

Total of economy

Statistical concepts and definitions

The main components of labor productivity are indicators measuring the result of performed the manufacturing activity (Numerator) and indicators of labor input in the production process (the denominator).

At the national level, the result of the production activity is measured with Gross Domestic Product (GDP) and Gross Value Added (GVA) created by all the productive sectors of the national economy. GDP is a key indicator in the system of national economic accounts, which represents the final result of the production activity of all resident producer units (ESNS2010, 8.89 ). The relationship between GDP and GVA is determined by how quantification works finished product. GDP is valued at market prices, including taxes on products and imports net of subsidies on products. GVA measures the result of the production activity at basic prices before taxes, including subsidies on products and services. BDS is an indicator that is applicable to the calculation of labor productivity at the national level and at the level of production activities or regions.

The use of this indicator in the national practice is consistent with the specific methodological scope of the sector " Letting of own property " activity of CEA 2008 - in the composition of GVA includes assessing the imputed rent of dwellings rented by their owners , who for Bulgaria is dominant - almost 90 % of the population live in their own homes. Added value of imputed rent of owner-occupiers is classified entirely as operating surplus in the composition of the account "Generation of income" and is not directly connected with employment. For this reason, value added as a result of contingent rental housing is excluded in calculating the productivity of labor in the services sector and the economy as a whole.

Labor factor in production in the composition of the index of labor productivity is measured by the number of persons employed in resident production units of the national economy and spent their time - hours worked.

Measurement of the number of employees and hours worked by them is subject to the definitions and concepts (ESA2010 11.11, 12.11), as these concepts and definitions apply in assessing the performance of the result of their economic activity.

Statistical unit

Institutional unit under ESA 2010 - enterprise, household, public institution.

Statistical population

Economic territory of the country

Reference area

Bulgaria

Time coverage

from 2000 (Infostat)

Base period

2015

Statistical processing
Source data

Annual Report of enterprises, Consolidated State Budget Labour Force Survey, Report on employees hours worked, wage and other labor costs.

Frequency of data collection

Quarterly

Data collection

Quarterly data

Data validation

Implementation of validated procedures for assessing data quality.

Data compilation

Implementation of validated procedures for assessing the quality of data and the development of estimation of the completeness of the data.

Adjustment
Quality management
Quality assurance

· European Statistics Code of Practice;

· Common framework for quality management in the National Statistical System.

Quality assessment

Questionnaire on the implementation of the principles of the European Statistics Code of Practice.

Relevance
User needs
User satisfaction
Completeness
Data completeness - rate
Accuracy and reliability
Overall accuracy
Sampling error
Sampling errors - indicators
Non-sampling error
Coverage error
Over-coverage - rate
Common units - proportion
Measurement error
Non response error
Unit non-response - rate
Item non-response - rate
Processing error
Imputation - rate
Model assumption error
Seasonal adjustment
Data revision - policy

In practice, the system of national accounts, there are two main types of revisions beyond the scope and content of the methods of seasonal adjustment. The first type of audits is ongoing, regular characterized by the presence of new or updated statistical information based on statistical surveys or administrative sources. The second type of revisions is related to a change in the methodology and calculation procedures for specific statistical indicators

Data revision - practice

National accounts data are subject to continuous routine revisions as new input data becomes available. This will typically also entail revisions of the national accounts aggregates, which are derived from these data. In BG national accounts two types of revisions are: regular –  preliminary, final data; and main - based on implementation of new methodology or GNI reservations.

Data revision - average size
Timeliness and punctuality
Timeliness

Quarterly rates:

  • Current quarterly estimates of GDP - T +65 days after the reporting period
Time lag - first results
Time lag - final results
Punctuality
Punctuality - delivery and publication
Coherence and comparability
Comparability - geographical
Asymmetry for mirror flows statistics - coefficient
Comparability - over time
Length of comparable time series
Coherence - cross domain

Additional information on other indicators in national accounts are available in other subject areas related to national accounts.

Coherence - sub annual and annual statistics
Coherence - National Accounts
Coherence - internal
Accessibility and clarity
News release

Press Release

Publications
On-line database

Data are available to all users of the NSI website under the heading Macroeconomic statistics - Gross Domestic Product - Employed persons, hours worked and labour productivity - Quarterly data - Labour productivity - Total of economy: http://www.nsi.bg/en/node/5542

Data tables - consultations
Micro-data access

Not applicable.

Other
Metadata - consultations
Documentation on methodology

European System of National Accounts (2010) (Eurostat).

Metadata completeness – rate
Quality documentation
Cost and burden
Confidentiality
Confidentiality - policy

· Law on Statistics;

· Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4)) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society.

Confidentiality – data treatment
Comment
Metadata Structure Definition in SDMX 2.1: ESQRS_MSD+BNSI+2.0+SDMX.2.1.xml
Metadata Structure Definition in SDMX 2.0: ESQRS_MSD+BNSI+2.0+SDMX.2.0.xml