25  All speeches are available online at www.bankofengland.co.uk/speeches  25  Chart 10: Distribution of productivity levels across 44 countries relative to the US  Source: Penn World Tables 9.0 and Bank calculations. Notes: Median TFP level at current PPPs; US TFL level = 1; sample of 44 countries. Chart 11: Productivity level relative to the US, by region  Source: Penn World Tables 9.0 and Bank calculations. Notes: Median TFP level at current PPPs; USA = 1. 26  All speeches are available online at www.bankofengland.co.uk/speeches  26  Chart 12 – Convergence coefficient  Source: Penn World Tables 9.0 and Bank calculations. Notes: The coefficient can be interpreted as follows: for every 10ppt TFP gap compared to the US, TFP growth is x percentage points faster than in the US. Chart 13: Productivity across sectors  Source: ONS and Bank calculations. 27  All speeches are available online at www.bankofengland.co.uk/speeches  27  Table 2: Contributions to annual labour productivity growth  Source: ONS and Bank calculations. Chart 14: The standard deviation of productivity across industries  Source: EUKlems productivity database, ONS and Bank calculations. Notes: The chart excludes the mining & extraction, energy and real estate industries. 28  All speeches are available online at www.bankofengland.co.uk/speeches  28  Chart 15: The variance of productivity within and across industries  Source: ONS Research Database and Bank calculations. Notes: This work contains statistical data from the ONS which is Crown Copyright.

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