Colombia: Productivity, relative to the U.S.

* indicates monthly or quarterly data series
 Colombia

GDP per hour worked, index relative to the U.S.

 Latest value 22.41
 Year 2022
 Measure index points
 Data availability 1975 - 2022
 Average 19.33
 Min - Max 16.97 - 24.31
 Source OECD
For that indicator, we provide data for Colombia from 1975 to 2022. The average value for Colombia during that period was 19.33 index points with a minimum of 16.97 index points in 2003 and a maximum of 24.31 index points in 2020. The latest value from 2022 is 22.41 index points. For comparison, the world average in 2022 based on 37 countries is 81.93 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Colombia - Productivity, relative to the U.S. - Recent values chart

Historical chart
Colombia - Productivity, relative to the U.S. - historical chart - 1975-2022




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.

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 Related indicators Latest value Reference Measure
 Economic growth 7.26 2022 percent
 GDP, constant dollars 354.9 2022 billion U.S. dollars
 GDP, current U.S. dollars 343.62 2022 billion U.S. dollars
 GDP per capita, current dollars 6,624.17 2022 U.S. dollars
 GDP per capita, PPP 15,617 2022 U.S. dollars
 GDP per capita, constant dollars 6,842.53 2022 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 -0.73 Q3/2023 percent
 Economic growth Q-on-Q -0.43 Q3/2023 percent
 Gross Domestic Product (GDP) 397,972.86 Q3/2023 billion
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