Colombia: Productivity, current USD
* indicates monthly or quarterly data series
| Colombia |
GDP per hour worked in current USD, PPP adjusted |
|---|---|
| Latest value | 20.5 |
| Year | 2022 |
| Measure | USD per hour worked |
| Data availability | 1975 - 2022 |
| Average | 8.4 |
| Min - Max | 1.9 - 20.5 |
| Source | OECD |
The latest value from 2022 is 20.5 USD per hour worked, an increase from 18.5 USD per hour worked in 2021. In comparison, the world average is 75.0 USD per hour worked, based on data from 37 countries. Historically, the average for Colombia from 1975 to 2022 is 8.4 USD per hour worked. The minimum value, 1.9 USD per hour worked, was reached in 1975 while the maximum of 20.5 USD per hour worked was recorded in 2022.
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* indicates monthly or quarterly data series
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Definition: GDP per hour worked expressed in current USD. The level of GDP is adjusted in terms of Purchasing Power Parity to reflect price differences across countries.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 0.61 | 2023 | percent |
| GDP, constant dollars | 356.8 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 363.54 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 6,979.73 | 2023 | U.S. dollars |
| GDP per capita, PPP | 18,777 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 6,850.20 | 2023 | U.S. dollars |
| Productivity, relative to the U.S. | 22.41 | 2022 | index points |
| Productivity, current USD | 20.5 | 2022 | USD per hour worked |
| Economic growth, quarterly | 2.09 | Q2/2024 | percent |
| Economic growth Q-on-Q | 0.10 | Q2/2024 | percent |
| Gross Domestic Product (GDP) | 406,472.48 | Q2/2024 | billion |