Labor productivity per hour pennworldtable in Finland
Finland: Labor productivity per hour pennworldtable was 69.63 in 2023. ◆ Volatile
Latest (2023)
69.63
Change on year
down 1.2%
World rank
15th
of 130 countries
All-time high
72.21
in 2021
All-time low
6.79
in 1950
Years of data
74
1950–2023
Labor productivity per hour pennworldtable in Finland, 1950–2023
Source: Our World in Data.
Analysis
The most recent figure for labor productivity per hour pennworldtable in Finland is 69.63, measured in 2023.
That represents a change of down 1.2% on the previous year and up 10.4% over ten years.
Over the whole period, labor productivity per hour pennworldtable in Finland peaked at 72.21 in 2021 and was at its lowest, 6.79, in 1950.
That places Finland 15th out of 130 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Labor productivity per hour pennworldtable in Finland, year by year
| Year | Value | Change |
|---|---|---|
| 1950 | 6.79 | — |
| 1951 | 7.63 | +12.4% |
| 1952 | 7.79 | +2.1% |
| 1953 | 7.71 | -1.0% |
| 1954 | 8.51 | +10.4% |
| 1955 | 9.18 | +7.8% |
| 1956 | 9.33 | +1.6% |
| 1957 | 9.4 | +0.8% |
| 1958 | 9.43 | +0.3% |
| 1959 | 10.15 | +7.7% |
| 1960 | 11.17 | +10.0% |
| 1961 | 12.05 | +7.9% |
| 1962 | 12.4 | +2.9% |
| 1963 | 12.51 | +0.9% |
| 1964 | 12.75 | +1.9% |
| 1965 | 13.37 | +4.9% |
| 1966 | 13.93 | +4.2% |
| 1967 | 14.75 | +5.9% |
| 1968 | 15.88 | +7.6% |
| 1969 | 17.37 | +9.4% |
| 1970 | 18.43 | +6.1% |
| 1971 | 19.27 | +4.5% |
| 1972 | 20.57 | +6.8% |
| 1973 | 21.76 | +5.8% |
| 1974 | 22.51 | +3.4% |
| 1975 | 22.84 | +1.5% |
| 1976 | 23.17 | +1.4% |
| 1977 | 23.89 | +3.1% |
| 1978 | 25.09 | +5.0% |
| 1979 | 26.74 | +6.6% |
| 1980 | 27.81 | +4.0% |
| 1981 | 27.9 | +0.3% |
| 1982 | 28.11 | +0.8% |
| 1983 | 28.75 | +2.3% |
| 1984 | 29.48 | +2.5% |
| 1985 | 29.7 | +0.7% |
| 1986 | 32.08 | +8.0% |
| 1987 | 33.22 | +3.6% |
| 1988 | 35.59 | +7.1% |
| 1989 | 36.6 | +2.9% |
| 1990 | 37.36 | +2.1% |
| 1991 | 36.76 | -1.6% |
| 1992 | 38.05 | +3.5% |
| 1993 | 40.3 | +5.9% |
| 1994 | 43.18 | +7.1% |
| 1995 | 47.18 | +9.3% |
| 1996 | 46.4 | -1.6% |
| 1997 | 48.94 | +5.5% |
| 1998 | 51.99 | +6.2% |
| 1999 | 53.48 | +2.9% |
| 2000 | 55.38 | +3.6% |
| 2001 | 55.85 | +0.8% |
| 2002 | 55.76 | -0.2% |
| 2003 | 56.08 | +0.6% |
| 2004 | 58.54 | +4.4% |
| 2005 | 60.61 | +3.5% |
| 2006 | 60.56 | -0.1% |
| 2007 | 64.31 | +6.2% |
| 2008 | 65.48 | +1.8% |
| 2009 | 62.86 | -4.0% |
| 2010 | 64.7 | +2.9% |
| 2011 | 66.4 | +2.6% |
| 2012 | 65.64 | -1.1% |
| 2013 | 63.08 | -3.9% |
| 2014 | 63.71 | +1.0% |
| 2015 | 64.57 | +1.4% |
| 2016 | 65.82 | +1.9% |
| 2017 | 67.74 | +2.9% |
| 2018 | 66.7 | -1.5% |
| 2019 | 69.87 | +4.7% |
| 2020 | 71.65 | +2.5% |
| 2021 | 72.21 | +0.8% |
| 2022 | 70.5 | -2.4% |
| 2023 | 69.63 | -1.2% |
Finland compared with similar countries
- Finland's 69.63 is above the median for high income countries, which is 51.52, 1.4× the median. (51 countries reporting)
- Finland's 69.63 is above the median for Europe & Central Asia, which is 46.15, 1.5× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 8.59 | 6.79 | 10.15 | 10 |
| 1960s | 13.62 | 11.17 | 17.37 | 10 |
| 1970s | 22.43 | 18.43 | 26.74 | 10 |
| 1980s | 30.92 | 27.81 | 36.6 | 10 |
| 1990s | 44.36 | 36.76 | 53.48 | 10 |
| 2000s | 59.54 | 55.38 | 65.48 | 10 |
| 2010s | 65.82 | 63.08 | 69.87 | 10 |
| 2020s | 71 | 69.63 | 72.21 | 4 |
Countries ranked near Finland
More work & labour data for Finland
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.3571 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.35 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.3641 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.59 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2994 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,282 1000 No (2050)
- Population - Est. & Proj. — Rural population 583.99 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,261 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,341 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 4,601 1000 No (2100)
Frequently asked questions
- What is labor productivity per hour pennworldtable in Finland?
- Labor productivity per hour pennworldtable in Finland was 69.63 in 2023, according to Our World in Data.
- What is the highest labor productivity per hour pennworldtable recorded in Finland?
- The highest recorded value was 72.21 in 2021.
- What is the lowest labor productivity per hour pennworldtable recorded in Finland?
- The lowest recorded value was 6.79 in 1950.
- How does Finland rank for labor productivity per hour pennworldtable?
- Finland ranks 15th out of 130 countries with data for 2023.
- Is labor productivity per hour pennworldtable rising or falling in Finland?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is volatile.
- Where does this Finland 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
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