Venezuela Labor Productivity Output 2014: $18.44
Venezuela's labor productivity output in 2014 is $18.44, down 34.2% from 2013. It ranks #74 of 129 countries.
Labor productivity output measures economic efficiency by calculating GDP per hour worked in each country.
Source (2014): Productivity: output per hour worked | Our World in Data
Where Venezuela ranks (2014)
#74 of 129- #72
Albania19.13 USD - #73
North Macedonia19.06 USD - #74
Venezuela18.44 USD - #75
Botswana18.41 USD - #76
Ecuador17.78 USD
Labor Productivity Output over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2014 | 18.44 USD | 9.59 USD | -34.22% | |
| 2013 | 28.04 USD | 2.02 USD | -6.71% | |
| 2012 | 30.06 USD | +0.78 USD | +2.66% | |
| 2011 | 29.28 USD | +2.6 USD | +9.74% | |
| 2010 | 26.68 USD | +4.39 USD | +19.69% | |
| 2009 | 22.29 USD | 3.7 USD | -14.24% | |
| 2008 | 25.99 USD | +3.46 USD | +15.37% | |
| 2007 | 22.53 USD | +2.57 USD | +12.87% | |
| 2006 | 19.96 USD | +2.35 USD | +13.34% | |
| 2005 | 17.61 USD | +3.37 USD | +23.68% | |
| 2004 | 14.24 USD | +2.27 USD | +18.95% | |
| 2003 | 11.97 USD | 0.29 USD | -2.33% | |
| 2002 | 12.26 USD | 0.87 USD | -6.64% | |
| 2001 | 13.13 USD | — | — |
Cite this page
Geo Factbook. (n.d.). Venezuela: Labor Productivity Output. Retrieved November 13, 2026, from https://geofactbook.com/countries/venezuela/labor-productivity-output
The figures on this page come from Productivity: output per hour worked | Feenstra et al. – Penn World Table via Our World in Data. For academic work, cite the original source as well.
Frequently Asked Questions About Venezuela Labor Productivity Output
What is Venezuela's labor productivity output in 2014?▾
Venezuela's labor productivity output is $18.44 in 2014, according to Productivity: output per hour worked | Feenstra et al. – Penn World Table via Our World in Data.
Is Venezuela's labor productivity output increasing or decreasing?▾
Venezuela's labor productivity output fell by 34.2% from 2013 ($28.04) to 2014 ($18.44). Over the past decade (2004–2014) it rose by 29.5%.
How does Venezuela rank for labor productivity output?▾
In 2014, Venezuela has the 74th highest labor productivity output out of 129 countries with data.
What was Venezuela's labor productivity output in 2001?▾
In 2001, Venezuela's labor productivity output was $13.13. By 2014 it rose by 40.5%.
Explore additional statistical insights
Cocoa Bean Yield Per Hectare in Venezuela
Explore cocoa bean yield efficiency across countries, influencing economic outcomes for farmers and nations.
Oil Proved Reserves in Venezuela
Oil proved reserves indicate the quantity of crude oil recoverable under existing economic conditions. Compare countries and explore dynamic rankings.
Remittances in Venezuela
Remittances measure money sent home by migrants, highlighting economic support. Explore country comparisons and historical trends with interactive maps.
Agriculture Value Added as a Share of GDP by Country in Venezuela
Explore the agriculture value added as a share of GDP by country, measuring the economic impact of farming sectors. This statistic highlights the importance of agriculture in national economies and informs investment decisions.
Chicken Meat Production Volume in Venezuela
Chicken meat production volume measures the total output of chicken meat in metric tons per year across countries.
Robotics Research Funding in Venezuela
Robotics research funding shows the financial investment in robotics R&D, crucial for tech advancement and innovation.