Multi-factor Productivity (MFP): UK Economic Growth Accounting

Multi-factor Productivity (MFP) data from the UK's Office for National Statistics decomposes output growth into contributions from capital, labor, and technical change. This experimental dataset uses a growth accounting framework to measure disembodied technical progress. The data is designated as Experimental Official Statistics and was last updated on 2026-07-08.

Use Cases

• Modeling economic growth drivers based on the growth accounting framework
• Analyzing the contribution of capital inputs to productivity
• Studying the composition and quantity of labor inputs
• Investigating disembodied technical change as a residual component

Strengths

• Produced by the authoritative Office for National Statistics
• Designated as Experimental Official Statistics, indicating methodological transparency
• Last updated on 2026-07-08, suggesting recent maintenance

Limitations

• Column-level documentation is absent; field semantics must be inferred after download
• Row count is unknown, which may limit suitability assessment
• Data is designated as experimental, meaning methodologies may be under development

Provenance

Source

Office for National Statistics

Collection Method

Constructed using a growth accounting framework

Freshness

Last updated 2026-07-08 13:33:29.932459

Geography

United Kingdom