Australia: Productivity, relative to the U.S.

For that indicator, we provide data for Australia from 1970 to 2022. The average value for Australia during that period was 79.75 index points with a minimum of 75.83 index points in 2012 and a maximum of 84.05 index points in 2022. The latest value from 2022 is 84.05 index points. For comparison, the world average in 2022 based on 37 countries is 79.11 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.