A report published by the Labour Productivity Board of the European Commission aims at reviewing labour productivity developments and assessing the relationship between labour productivity and changes in value added, labour compensation and exports in the domestic economy. According to this report, over two decades Lithuania was one of the fastest growing EU Member States in terms of labour productivity and GDP growth. Between 2000 and 2017, Lithuania’s labour productivity per hour worked (at constant prices) almost doubled, in comparison with 21% in the EU Member States. This was influenced by the application of modern technologies in industry.
Read on: in English ... Read on: the report ...
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