Cyprus Labor Productivity Output 2023: $43.85

Cyprus's labor productivity output in 2023 is $43.85, up 2.9% from 2022. It ranks #43 of 129 countries.

Labor productivity output measures economic efficiency by calculating GDP per hour worked in each country.

Source (2023): Productivity: output per hour worked | Our World in Data

Historical Trend

Labor Productivity Output over time

Year-by-Year Data
YearValueChange% ChangeActions
202343.85 USD+1.24 USD+2.92%
202242.61 USD3.38 USD-7.35%
202145.99 USD1.7 USD-3.57%
202047.69 USD0.75 USD-1.54%
201948.44 USD+5.08 USD+11.73%
201843.35 USD2.94 USD-6.35%
201746.29 USD0.69 USD-1.46%
201646.98 USD+1.88 USD+4.17%
201545.1 USD+1.86 USD+4.30%
201443.24 USD1.68 USD-3.74%
201344.92 USD2.54 USD-5.36%
201247.47 USD+2.91 USD+6.53%
201144.56 USD3.05 USD-6.40%
201047.61 USD+1.57 USD+3.42%
200946.03 USD+2.04 USD+4.63%
200843.99 USD+3.62 USD+8.98%
200740.37 USD1.26 USD-3.03%
200641.63 USD+1.21 USD+3.00%
200540.42 USD+3.22 USD+8.66%
200437.19 USD+0.38 USD+1.04%
200336.81 USD4.41 USD-10.69%
200241.22 USD1.16 USD-2.73%
200142.38 USD——

Frequently Asked Questions About Cyprus Labor Productivity Output

What is Cyprus's labor productivity output in 2023?▾

Cyprus's labor productivity output is $43.85 in 2023, according to Productivity: output per hour worked | Feenstra et al. – Penn World Table via Our World in Data.

Is Cyprus's labor productivity output increasing or decreasing?▾

Cyprus's labor productivity output rose by 2.9% from 2022 ($42.61) to 2023 ($43.85). Over the past decade (2013–2023) it fell by 2.4%.

How does Cyprus rank for labor productivity output?▾

In 2023, Cyprus has the 43rd highest labor productivity output out of 129 countries with data.

What was Cyprus's labor productivity output in 2001?▾

In 2001, Cyprus's labor productivity output was $42.38. By 2023 it rose by 3.5%.

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