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% | |
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