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Chart of the Day: See how far productivity growth has fallen from its peak in 2010
It dipped into negative territory last year.
This chart from OCBC shows how far Singapore's productivity growth has fallen from its peak in 2010.
The republic's productivity growth hit 11.6% in 2010, while real total wage growth hovered at 2.9% in the same year.
In 2014, though, Singapore's productivity growth has fallen to a measly -0.8%, while wages grew by a robust 3.9%.
There were four years in the past decade when productivity growth languished in the red: productivity growth fell to -7/2% and -3.3% in the Global Financial Crisis of 2008 and 2009, while productivity growth registered at -0.5% in 2012.
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