Productivity in Brazilian manufacturing
The quarterly publication Productivity in Brazilian manufacturing aims to track the evolution of Brazil’s industry competitiveness compared to its main trading partners, focusing on the labor productivity indicator, which is a determinant indicator of competitiveness. It presents the indicator of labor productivity in Brazilian manufacturing industry and, once a year, the effective relative labor productivity indicator, including the labor productivity of Brazil’s main trading partners.
Brazil’s Productivity Shows One of the Weakest Performances in 2019-2021
Effective labor productivity dropped 9.0% between 2019 and 2021. This indicator compares the productivity of the Brazilian industry with the average of its top 10 trading partners – United States, Argentina, Germany, Mexico, the Netherlands, South Korea, Japan, Italy, France, and the United Kingdom. Productivity losses were recorded only by Brazil (-5.2%), France (-5.1%) and Japan (-2.1%). These are the only countries analyzed that still present productivity below the pre-pandemic level. Effective productivity has declined by 23% since 2000, the beginning of the series.
September 25, 2023
