productivity

noun

1. (uncountable, usually)The state of being productive, fertile, or efficient.
2. (uncountable, usually)The rate at which goods or services are produced by a standard population of workers; those workers' degree of efficiency.

   “You can see the computer age everywhere but in the productivity statistics.”

   “Productivity growth has disappointed across the western world since the 2008 financial crisis. But the UK has notched a significantly worse performance than many of its peers on this metric of output for each hour of work – which is a vital driver of economic growth, wages and living standards.”

3. (uncountable, usually)The rate at which crops are grown on a standard area of land.
4. (uncountable, usually)The ability to form new words using established patterns and discrete linguistic elements, such as the derivational affixes -ness and -ity; the degree to which such formation happens.