Page 34 - Social Indicators 2013

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Social Indicators 2013
Labour Productivity
Labour productivity measures an effectiveness of labour, it is ratio of
the value of gross domestic products at constant prices over the number of
persons employed. Therefore, the increase in labour productivity implies the
high potential of the labour force.
Data from Bank of Thailand showed that during the past 5 years
(2008-2012), labour productivity index decreased from 130.3% in 2008 to 116.0%
in 2011 and rose up to 123.3% in 2012 and declined particularly in agriculture
sector.
Chart 2.5 Labour Productivity Index by Sector: 2008-2012
Source: Bank of Thailand
Percent
Year