Measuring Whole industry total factor productivity (TFP) of the railway in Great Britain

The Office of Rail and Road (ORR) is the independent safety and economic regulator of Britain's railways. This project falls within ORR's strategic objective of delivering value-for-money on the railways. In March 2025, we published a report on rail industry productivity, following a discussion paper in April 2024. Our latest report used measures such as train distance travelled, passenger journeys and Gross Value Added (GVA) as output measures to inform our productivity analysis. Other measures of output and produ...