Colombia: GDP per hour worked, index relative to the U.S., 1975 - 2020:
For that indicator, we provide data for Colombia from 1975 to 2020. The average value for Colombia during that period was 18.86 index points with a minimum of 16.57 index points in 2003 and a maximum of 25.68 index points in 2020.
The latest value from 2020 is 25.68 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.