{"entity":{"iso2":"MK","iso3":"MKD","name":"North Macedonia","slug":"north-macedonia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"labor-productivity-per-hour-pennworldtable","source":"Feenstra et al. - Penn World Table (2025) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/labor-productivity-per-hour-pennworldtable","title":"Productivity: output per hour worked","unit":"international-$ in 2021 prices per hour"},"observations":[{"date":"2005-01-01","value":16.7905},{"date":"2006-01-01","value":16.6767},{"date":"2007-01-01","value":17.3767},{"date":"2008-01-01","value":17.8861},{"date":"2009-01-01","value":18.3162},{"date":"2010-01-01","value":18.9527},{"date":"2011-01-01","value":19.3091},{"date":"2012-01-01","value":19.837},{"date":"2013-01-01","value":18.3687},{"date":"2014-01-01","value":19.0637},{"date":"2015-01-01","value":19.5502},{"date":"2016-01-01","value":20.4358},{"date":"2017-01-01","value":19.8626},{"date":"2018-01-01","value":21.1112},{"date":"2019-01-01","value":22.6101},{"date":"2020-01-01","value":25.95},{"date":"2021-01-01","value":25.0163},{"date":"2022-01-01","value":27.3809},{"date":"2023-01-01","value":27.9667}],"summary":{"latest_period":"2023-01-01","latest_value":27.9667,"max":27.9667,"mean":20.6558,"min":16.6767,"of":130,"rank":63,"trend":"rising"}}