Productivity and Wage Cost

   Labor Productivity
(Manufacturing)
Wage cost
(Manufacturing)
Indices
(2020=100)
Annual
percent
change
Annual
percent
change
Calendar year  
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
2025 102.3 1.3 3.5
2025 Jan 103.1 0.4 1.2
  Feb 98.4 1.2 3.3
  Mar 113.5 2.7 4.4
  Apr 98.3 1.4 2.7
  May 98.4 -2.2 6.3
  Jun 99.6 4.2 3.0
  Jul 100.5 -2.6 6.0
  Aug 95.4 -1.5 6.9
  Sep 106.4 2.5 1.0
  Oct 102.9 -1.3 3.9
  Nov 96.5 -1.2 8.4
  Dec 104.7 1.9 3.6
2026 Jan 102.3 -0.8 3.5
  Feb 98.6 0.2 4.1
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.