Labour Productivity Measures - National (Quarterly) (LPM)

Non-labour payments of economy, index

Non-labour payments refers to the excess of current dollars output in the business sector over corresponding labour compensation, includes non-labour costs as well as corporate profits and the profit type income of owners. Non-labour cost include interest, depreciation, rent and direct business taxes.

Economy refers to the entire set of resident institutional units. It is divided into sectors that consists of groups of resident institutional units. An institutional unit is resident in a country when it has a centre of economic interest in the economic territory of that country. It is said to have a centre of economic interest when there exists some location - dwelling, place of production or other premises - within the economic territory on, or from, which it engages, and intends to continue to engage, in economic activities and transactions on a significant scale either indefinitely or over a finite period of time.

The data for this variable are reported using the following measurements:

• Index using the value of a base year made equal to 100