Countries by Labour Productivity — GDP Per Hour Worked 2024

About This Dataset

Countries ranked by GDP produced per hour worked in 2024, measured in USD at current purchasing power parity according to OECD Productivity Statistics. Luxembourg records the world's highest labour productivity by GDP per hour worked — a consequence of a highly concentrated workforce employed in ultra-high-value financial services, European Union institutions, and legal sector activity that generates extraordinary economic output per worker hour compared to more diversified economies.

✨ AI Insight

The data reveals a stark contrast in labour productivity among the top countries, with Luxembourg's $142 per hour worked setting a high benchmark that others struggle to reach. Ireland follows at $131, benefiting from a robust tech sector and favorable corporate tax policies. The United States, at $85, showcases a notable gap of $57 compared to Luxembourg, indicating potential inefficiencies or a more diversified economy that may not focus as heavily on high-value sectors. Countries like Norway and Denmark, with productivity figures of $82 and $79 respectively, reflect strong welfare systems and high standards of living, which may contribute to their economic outputs. This trend suggests that while some nations thrive on concentrated high-value industries, others may need to innovate or restructure to enhance productivity.

Source: Wikipedia

Key Findings

Auto-computed highlights from this dataset

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Luxembourg leads with 142 in 2024.

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Average value in 2024: 92 · median: 81.

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Gap in 2024: Luxembourg is 2.1× larger than Australia.