Mexico: Productivity, relative to the U.S.
* indicates monthly or quarterly data series
Mexico |
GDP per hour worked, index relative to the U.S. |
---|---|
Latest value | 26.22 |
Year | 2022 |
Measure | index points |
Data availability | 1991 - 2022 |
Average | 30.93 |
Min - Max | 25.37 - 37.66 |
Source | OECD |
The latest value from 2022 is 26.22 index points, an increase from 25.37 index points in 2021. In comparison, the world average is 81.93 index points, based on data from 37 countries. Historically, the average for Mexico from 1991 to 2022 is 30.93 index points. The minimum value, 25.37 index points, was reached in 2021 while the maximum of 37.66 index points was recorded in 1991.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
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.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Economic growth | 3.23 | 2023 | percent |
GDP, constant dollars | 1,326.6 | 2023 | billion U.S. dollars |
GDP, current U.S. dollars | 1,788.89 | 2023 | billion U.S. dollars |
GDP per capita, current dollars | 13,926.11 | 2023 | U.S. dollars |
GDP per capita, PPP | 22,367 | 2023 | U.S. dollars |
GDP per capita, constant dollars | 10,326.95 | 2023 | U.S. dollars |
Productivity, relative to the U.S. | 26.22 | 2022 | index points |
Productivity, current USD | 24.0 | 2022 | USD per hour worked |
Economic growth, quarterly | 0.95 | Q2/2024 | percent |
Economic growth Q-on-Q | 0.16 | Q2/2024 | percent |
Gross Domestic Product (GDP) | 7,331.44 | Q1/2023 | billion |