Labor productivity per hour pennworldtable in Serbia
Serbia: Labor productivity per hour pennworldtable was 25.36 in 2023. ▲ Rising
Latest (2023)
25.36
Change on year
up 6.8%
World rank
68th
of 130 countries
All-time high
25.46
in 2012
All-time low
16
in 2005
Years of data
19
2005–2023
Labor productivity per hour pennworldtable in Serbia, 2005–2023
Source: Our World in Data.
Analysis
In 2023, labor productivity per hour pennworldtable in Serbia stood at 25.36.
That represents a change of up 6.8% on the previous year and up 2.6% over ten years.
Over the whole period, labor productivity per hour pennworldtable in Serbia peaked at 25.46 in 2012 and was at its lowest, 16, in 2005.
Serbia ranks 68th of 130 countries on this measure, 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 Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 16 | — |
| 2006 | 17.61 | +10.0% |
| 2007 | 17.89 | +1.6% |
| 2008 | 18.38 | +2.7% |
| 2009 | 19.67 | +7.0% |
| 2010 | 21.69 | +10.3% |
| 2011 | 25.26 | +16.5% |
| 2012 | 25.46 | +0.8% |
| 2013 | 24.73 | -2.9% |
| 2014 | 24.29 | -1.8% |
| 2015 | 22.97 | -5.4% |
| 2016 | 22.31 | -2.9% |
| 2017 | 22.46 | +0.7% |
| 2018 | 22.24 | -1.0% |
| 2019 | 23.73 | +6.7% |
| 2020 | 23.55 | -0.8% |
| 2021 | 24.47 | +3.9% |
| 2022 | 23.76 | -2.9% |
| 2023 | 25.36 | +6.8% |
Serbia compared with similar countries
- Serbia's 25.36 is above the median for upper middle income countries, which is 20.42, 1.2× the median. (38 countries reporting)
- Serbia's 25.36 is below the median for Europe & Central Asia, which is 46.15, 55% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.91 | 16 | 19.67 | 5 |
| 2010s | 23.51 | 21.69 | 25.46 | 10 |
| 2020s | 24.28 | 23.55 | 25.36 | 4 |
Countries ranked near Serbia
More work & labour data for Serbia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7737 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.7205 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.8268 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.14 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.1128 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,121 1000 No (2050)
- Population - Est. & Proj. — Rural population 2,326 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 1,850 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 1,852 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 3,702 1000 No (2100)
Frequently asked questions
- What is labor productivity per hour pennworldtable in Serbia?
- Labor productivity per hour pennworldtable in Serbia was 25.36 in 2023, according to Our World in Data.
- What is the highest labor productivity per hour pennworldtable recorded in Serbia?
- The highest recorded value was 25.46 in 2012.
- What is the lowest labor productivity per hour pennworldtable recorded in Serbia?
- The lowest recorded value was 16 in 2005.
- How does Serbia rank for labor productivity per hour pennworldtable?
- Serbia ranks 68th out of 130 countries with data for 2023.
- Is labor productivity per hour pennworldtable rising or falling in Serbia?
- Over the last ten years it is up 2.6%. The long-run trend across the full record is rising.
- Where does this Serbia 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).