Australia: GDP per hour worked, index relative to the U.S., 1970 - 2020:
For that indicator, we provide data for Australia from 1970 to 2020. The average value for Australia during that period was 80.52 index points with a minimum of 75.82 index points in 2012 and a maximum of 86.45 index points in 1981.
The latest value from 2020 is 83.86 index points. For comparison, the world average in 2020 based on 38
countries is 76.60 index points.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: The index sets the level of GDP per hour worked in the U.S. to 100 and uses it as basis to compare other countries. Countries with an index greater (smaller) than 100 have greater (lower) labor productivity than the U.S. The GDP used in the calculation is adjusted for Purchasing Power Parity to account for price differences across countries.