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Output Per Hour Worked (PWT Estimates)
Real Output per Hour = Real GDP ÷ Employment ÷ Average Annual Working Hours. This metric evaluates productivity changes across different periods. Adjusted for purchasing power parity (PPP), it is suitable for international comparisons. The unit of measurement is 2017 international dollars, with data sourced from Penn World Table, version 10.01.
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Original Frequency: / Unit / Source
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Other Economic Data
World - Labor Force Participation Rate (% of total population ages 15+, ILO Estimate)
60.6
%
World - Labor Force Participation Rate (% of total population ages 15-64, ILO Estimate)
67.1
%
World - Labor Force Participation Rate (% of total population ages 25-54, ILO Estimate)
78.5
%
World - Output Per Hour Worked (GDP Constant 2017 International Dollar at PPP, International labor Organization Estimates)
24.2
