Last week, the Scottish Government published updated labour productivity figures up to the third quarter of 2018.
The release was also effectively the first official assessment of Scotland’s international productivity performance up to the end of 2017.
Recall that this was the measure used to assess the ‘Scotland Performs’ target of being in the top quartile of OECD countries for productivity. Recall too that, back in 2007, the Scottish Government’s Economic Strategy set a target to reach this top quartile by 2017.
Last week’s data confirms that this target has been missed. Scotland’s productivity remains around 20% below target.