What makes economy grow? Although known basic answers stay conceptual and not measurable, the theory of production function proposes some kind of post factum estimates. In accordance with it, capital, labor and productivity totally account for the growth of economy during any defined period. By selecting a country in the drop-down window at the right, you will see what factors contributes to economic growth of the selected country.
Explore with EU KLEMS and Knoema whether it's the amount of hours worked, improved labor qualification (composition), contribution of ICT (information, communication and technology) of non-ICT capital, or so cold pure technological progress (TFP - total factor productivity) or combination of all these, which accounts for economic growth in your country.
Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.
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