
Czechia: Productivity, relative to the U.S.
* indicates monthly or quarterly data series
Czechia |
GDP per hour worked, index relative to the U.S. |
---|---|
Latest value | 62.13 |
Reference | 2022 |
Measure | index points |
Source | OECD |
For that indicator, we provide data for the Czechia from 1993 to 2022. The average value for the Czechia during that period was 52.21 index points with a minimum of 42.63 index points in 1993 and a maximum of 63.69 index points in 2020.
The latest value from 2022 is 62.13 index points. For comparison, the world average in 2022 based on 37
countries is 79.11 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.