Average annual EU value-added growth, as reported in the wiiw article "EU growth remains weak and is increasingly labour-driven" (1 October 2026). The EU comparison uses the current 27 member states across the full period. These are annual averages, not cumulative growth.
Period
Average annual value-added growth
1995-2008
2.2% per year
2020-2024
1.2% per year
Source: wiiw article "EU growth remains weak and is increasingly labour-driven", 1 October 2026. Annual averages, not cumulative growth. EU-27 across the full period.
Question
How has the composition of EU growth changed as productivity growth has slowed?
Contribution
Co-authored with Robert Stehrer and David Zenz.
Data and interpretation
Uses the updated wiiw Growth and Productivity Database. Growth-accounting decompositions describe contributions to measured growth. They do not isolate causal policy effects.