TOKYO, Japan:
(Graphic: Business Wire)
Based on the APO Productivity Database, which integrates the Asia QALI Database for quality-adjusted labor inputs and incorporates data on mineral and energy resources, the databook is an essential resource for policymakers, business leaders, and researchers to understand the region’s economic landscape and support data-driven decision-making. Its rigorous methodology ensures reliability, helping stakeholders identify growth opportunities and challenges for strategic economic planning.
Highlights of the APO Productivity Databook 2024
- Detailed productivity accounts of APO members compared with regional references, highlighting contributions of capital, labor inputs, and total factor productivity (TFP) in driving economic growth.
- Rebounds in key sectors, with member economies like the ROC, ROK, Singapore, and Vietnam showing resilience amid COVID-19 disruptions.
- Economic growth and productivity trends: Between 1970 and 2022, Asia experienced transformative productivity growth, driven by economies such as the ROC, India, and Japan which made significant contributions to TFP growth during this period.
- Sectoral performance: Some APO members demonstrated robust growth in manufacturing, while agriculture remained vital, with productivity gains increasingly driven by investments in capital and technology.
The APO Productivity Databook 2024 is available in both digital and print formats and can be accessed and downloaded for free from the link below.
https://doi.org/10.61145/SQVZ2821.
The APO Productivity Database 2024, an online tool that provides productivity data on 31 Asian countries and benchmarks from multiple economic groups worldwide, is also updated in the link below.
