Labor productivity per hour pennworldtable in Armenia
Armenia: Labor productivity per hour pennworldtable was 25.99 in 2023. ▲ Rising
Latest (2023)
25.99
Change on year
up 5.4%
World rank
66th
of 130 countries
All-time high
25.99
in 2023
All-time low
9.14
in 2005
Years of data
19
2005–2023
Labor productivity per hour pennworldtable in Armenia, 2005–2023
Source: Our World in Data.
Analysis
The most recent figure for labor productivity per hour pennworldtable in Armenia is 25.99, measured in 2023. That is the highest value across all 19 years on record.
The figure is up 5.4% on the previous year and up 73.5% over ten years.
Over the whole period, labor productivity per hour pennworldtable in Armenia peaked at 25.99 in 2023 and was at its lowest, 9.14, in 2005.
That places Armenia 66th out of 130 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Labor productivity per hour pennworldtable in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 9.14 | — |
| 2006 | 10.46 | +14.4% |
| 2007 | 11.74 | +12.3% |
| 2008 | 10.89 | -7.3% |
| 2009 | 11.73 | +7.8% |
| 2010 | 12.56 | +7.0% |
| 2011 | 14.06 | +11.9% |
| 2012 | 15.96 | +13.6% |
| 2013 | 14.98 | -6.2% |
| 2014 | 15.45 | +3.2% |
| 2015 | 17.51 | +13.3% |
| 2016 | 20.21 | +15.4% |
| 2017 | 22.87 | +13.2% |
| 2018 | 21.19 | -7.3% |
| 2019 | 24.25 | +14.4% |
| 2020 | 25.18 | +3.8% |
| 2021 | 23.54 | -6.5% |
| 2022 | 24.66 | +4.8% |
| 2023 | 25.99 | +5.4% |
Armenia compared with similar countries
- Armenia's 25.99 is above the median for upper middle income countries, which is 20.42, 1.3× the median. (38 countries reporting)
- Armenia's 25.99 is below the median for Europe & Central Asia, which is 46.15, 56% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.79 | 9.14 | 11.74 | 5 |
| 2010s | 17.9 | 12.56 | 24.25 | 10 |
| 2020s | 24.84 | 23.54 | 25.99 | 4 |
Countries ranked near Armenia
- 63 North Macedonia 27.97 compare
- 64 Costa Rica 27.29 compare
- 65 Mexico 26.8 compare
- 67 Algeria 25.87 compare
- 68 Serbia 25.36 compare
- 69 Azerbaijan 23.42 compare
More work & labour data for Armenia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7088 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6966 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.721 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.13 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.0634 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 2,005 1000 No (2050)
- Population - Est. & Proj. — Rural population 695.21 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 854.22 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 837.98 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,692 1000 No (2100)
Frequently asked questions
- What is labor productivity per hour pennworldtable in Armenia?
- Labor productivity per hour pennworldtable in Armenia was 25.99 in 2023, according to Our World in Data.
- What is the highest labor productivity per hour pennworldtable recorded in Armenia?
- The highest recorded value was 25.99 in 2023.
- What is the lowest labor productivity per hour pennworldtable recorded in Armenia?
- The lowest recorded value was 9.14 in 2005.
- How does Armenia rank for labor productivity per hour pennworldtable?
- Armenia ranks 66th out of 130 countries with data for 2023.
- Is labor productivity per hour pennworldtable rising or falling in Armenia?
- Over the last ten years it is up 73.5%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Our World in Data, published as part of Labor productivity per hour pennworldtable. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).