Productivity and Wage Cost

   Labor Productivity
(Manufacturing)
Wage cost
(Manufacturing)
Indices
(2020=100)
Annual
percent
change
Annual
percent
change
Calendar year  
2019 107.0 -1.4 3.3
2020 100.0 -6.5 7.9
2021 104.7 4.7 -4.4
2022 105.1 0.4 0.8
2023 103.3 -1.7 3.2
2024 101.0 -2.2 6.5
2024 Jan 102.7 -1.4 3.5
  Feb 97.2 -3.8 6.1
  Mar 110.5 -4.7 7.6
  Apr 96.9 -0.6 5.0
  May 100.6 -1.5 0.6
  Jun 95.6 -6.5 14.8
  Jul 103.2 2.0 2.7
  Aug 96.9 -4.6 7.8
  Sep 103.8 -1.3 6.5
  Oct 104.3 1.2 2.6
  Nov 97.7 -4.1 7.0
  Dec 102.7 -1.3 8.5
2025 Jan 103.2 0.5 1.1
  Feb 98.1 0.9 3.6
Source MHLW "Monthly Labour Survey"
METI "Indices of Industrial Production", 
MHLW
"Monthly Labour Survey"
NOTES:
Calculated by JILPT
Labor productivity indices = [(indices of industrial production(manufacturing) / 100) / {(regular employment indices / 100) * (total hours worked indices / 100)}]*100
Wage cost = [ { (indices of nominal wage / 100) * (regular employment indices / 100)} / (indices of industrial production(manufacturing) / 100) ]*100
Regular employment indices, indices of nominal wage and total hours worked indices : manufacturing, 5 employees or more.
Labor productivity and wage cost. Line chart. See the table above for data.