Austria: GDP per hour worked, index relative to the U.S., 1995 - 2020:
For that indicator, we provide data for Austria from 1995 to 2020. The average value for Austria during that period was 93.35 index points with a minimum of 88.28 index points in 2005 and a maximum of 100.58 index points in 2016.
The latest value from 2020 is 99.92 index points. For comparison, the world average in 2020 based on 38
countries is 76.60 index points.
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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.