Definition of productivity noun from the Oxford Advanced American Dictionary

 

productivity

 noun
noun
NAmE//ˌproʊdʌkˈtɪvət̮i//
 
, NAmE//ˌprɑdʌkˈtɪvət̮i//
 
[uncountable]
 
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the rate at which a worker, a company, or a country produces goods, and the amount produced, compared with how much time, work, and money is needed to produce them high/improved/increased productivity Pay rates depend on levels of productivity. the low agricultural productivity of the country
See the Oxford Advanced Learner's Dictionary entry: productivity