Luxembourg: Productivity, relative to the U.S.
* indicates monthly or quarterly data series
| Luxembourg |
GDP per hour worked, index relative to the U.S. |
|---|---|
| Latest value | 141.14 |
| Year | 2022 |
| Measure | index points |
| Data availability | 1970 - 2022 |
| Average | 126.45 |
| Min - Max | 96.38 - 148.83 |
| Source | OECD |
For that indicator, we provide data for Luxembourg from 1970 to 2022. The average value for Luxembourg during that period was 126.45 index points with a minimum of 96.38 index points in 1971 and a maximum of 148.83 index points in 2016.
The latest value from 2022 is 141.14 index points. For comparison, the world average in 2022 based on 37
countries is 79.11 index points.
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* indicates monthly or quarterly data series
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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.