EU Shows Strong Growth of Productivity in 2006
added: 2007-11-05
The European Union in 2006 had its best economic performance since 2000 with a growth of the Gross Domestic Product (GDP) of 3%. Productivity, measured by the increase of GDP per employee, grew strongly for the EU-27 with 1,5 %, compared to an annual growth rate between 2000 and 2005 of 1,2. Employment growth accelerated for the EU-27 by 1,6 %, whilst the average annual rise for the period 2000 until 2005 was 0,5 %.