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Goal Statistics: Multi-Factor Productivity

The Australian government aims for the economy to become more efficient every year. As such, it is important that the figure for multi-factor productivity is positive whenever possible.

The statistics below were collected from a combination of sources.  The Productivity Commission publishes data for the current year in reports that are made available to the general public.  The ABS publishes a productivity index, from which historical data can be calculated.

Year Percentage Improvement
in Productivity
1996/7 1.7%
1997/8 2.8%
1998/9 3.1%
1999/00 0.0%
2000/01 0.3%
2001/02 2.5%
2002/03 0.9%
2003/04 1.8%
2004/05 -1.1%
2005/06 0.0%
2006/07 0.2%
2007/08 -0.4%
Multi-factor productivity in the Australian economy

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