In 2012, Alberta’s economic productivity was higher than any other province. Total value added (GDP) per hour in Alberta’s business sector exceeded the Canadian average by 44%. Alberta’s manufacturing and business services sectors also had the highest productivity of all provinces.
However, Alberta’s productivity growth rate is one of the lowest in the country: between 2007 and 2012 productivity in Alberta’s business sector grew at an average annual rate of only 0.8%, higher than the Canadian growth rate of 0.4% per year. However, it is much lower than the 1.9% U.S. growth rate over the same period.
For more information on productivity in Alberta please visit Productivity Alberta.
Read reviews, presentations, and reports and stay up to date on Alberta's economy.
Date Updated: Mon, 09 Sep 2013 03:58:42