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Energy productivity

Last update of indicator 22.12.2021

Indicator definition

Energy productivity is defined as the ratio of generated GDP in constant prices to gross inland energy consumption.

Units

Index 2001 = 100

Metadata

Key messages

Increase in energy productivity is an important indicator in meeting the green growth objectives. This indicator allows for monitoring the growth of the nation's income (GDP) generated from the unit of used energy. It does not, however, point to the reduction in the consumption of basic materials and fuels. Rather, it relates to the increase of wealth achieved from the unit of energy used. Energy productivity is coupled with technological development and the rise of value added production within different sectors of the economy.

Energy productivity has been rising since 2005. By 2020, its rise had been by 78.8%.  Rise in energy productivity has been a positive trend that results in the growth of GDP by 53.5% over the monitored period. Gross domestic energy consumption dropped by 14.1% over the same period. Productivity in 2020 dropped by 1.3%, compared to 2019.
 

Summary assessment

International comparison

The OECD Green Growth database contains selected indicators for monitoring progress towards green growth to support policy making and inform the public at large. The database provides a synthesis of data and indicators available across a wide range of domains. The sources of the underlying data used to populate the Green Growth Indicators, as presented here, include a range of OECD databases and, in some cases, external data sources. The database covers OECD member countries, accession countries and selected non-OECD countries (including the BRIICS economies - Brazil, Russian Federation, India, Indonesia, China and South Africa).


OECD Green Growth Indicators Database

Contact

Ing. Slávka Štroffeková, SAŽP, slavka.stroffekova@sazp.sk

 

Methodology:

Selection and methodology of indicator’s assessment is based on the set of indicators proposed by the OECD and addressed by the report: "Green Growth: Monitoring progress towards green growth“. Data relating to the national situation are usually presented in the period between 2000 and 2012. Basic time sequence is changed in those cases when the data are not accessible or when their comparison is not possible due to differing approaches in their collection, assessment, changes in methodology, classification, etc.  Summary assessment of indicator’s trend from the green growth perspective is based on a subjective evaluation of the responsible assessor due to the fact that the strategy is not officially implemented in the Slovak Republic and therefore specific objectives have not been defined.  Naturally, this assessment builds on the analysis of the past trends, as well as their anticipated direction in view of the measures adopted as to date.
Selected indicators characterize Slovakia's initial position as seen from the perspective of the green growth and were to be used as a measuring tool before further steps are taken in the process of implementation of this strategy and for a complex assessment of the future trend of the Slovak economy.  Present set of green growth indicators comprises 32 individual indicators that are relevant in Slovakia's conditions. Four of them are national indicators that describe voluntary instruments of the environmental strategy.

Data sources:

Data used in this document come from the official national or international sources and databases.  Assessed trend was reviewed and discussed with the state administration specialists (individual departments of the ministries of Environment, Economy, Labour and Social Affairs and Family, Finance, Agriculture and Rural Development) and their professional organisations (Slovak Hydrometeorological Institute, State Geological Institute of Dionýz Štúr, Slovak Environmnet Agency, State Nature Consservancy, Institute for Financial Policy) and also the Statistical Office of the Slovak Republic whose databases furnish most of the information.

 

Related indicators:

 

 

Linked references: