Labor Productivity Output 2019

Turkmenistan

In 2019, Turkmenistan achieved a global rank of #79 with a Labor Productivity Output valued at 18.085407 USD. This figure is lower than the global average, indicating room for improvement in efficiency compared to leading economies. Key drivers of this productivity level include the country's heavy reliance on natural gas exports and a relatively small workforce, which can limit overall economic diversification and innovation.

Niger

Niger ranked #127 globally in Labor Productivity Output in 2019, with a value of 1.8506708 USD. This positions Niger near the bottom of the global scale, with only one other country performing worse. Contributing factors include a heavy reliance on subsistence agriculture, limited industrialization, and challenges related to education and infrastructure, which hinder economic productivity.

Tajikistan

In 2019, Tajikistan ranked #105 globally for Labor Productivity Output, with a value of 7.820909 USD. This places Tajikistan below many of its regional peers, reflecting challenges in economic diversification and industrial development. Key drivers of this low productivity include a heavy reliance on agriculture and remittances, which can limit investment in higher-value sectors.

Netherlands

In 2019, the Netherlands achieved a global rank of #10 with a Labor Productivity Output of 80.06904 USD. This figure places it above the European Union average, showcasing its competitive economy. Key drivers of this high productivity include a highly skilled workforce, advanced technological adoption, and strong infrastructure investments that facilitate efficient business operations.

Austria

In 2019, Austria achieved a global rank of #6 with a Labor Productivity Output of 81.325676 USD. This figure is significantly higher than the global average, reflecting Austria's strong economic performance compared to many countries. Key drivers of this high productivity include a well-educated workforce, advanced technology adoption, and a robust industrial sector, particularly in manufacturing and services.

Mali

Mali's Labor Productivity Output in 2019 was 3.9627812 USD, ranking it #118 out of 129 countries. This figure is significantly lower than the global average, indicating challenges in economic efficiency compared to more developed nations.

The low productivity can be attributed to factors such as limited access to modern technology, a predominantly agricultural economy, and ongoing political instability, which hinder investment and infrastructure development.

United Arab Emirates

The United Arab Emirates achieved a global rank of #34 with a Labor Productivity Output of 47.47686 USD in 2019. This figure is notably higher than the regional average for the Gulf Cooperation Council (GCC) countries, reflecting the UAE's strong economic diversification efforts. Key drivers of this productivity include significant investments in technology and infrastructure, as well as a highly skilled expatriate workforce that supports various sectors, particularly in finance and tourism.

Zambia

Zambia ranked #113 globally in Labor Productivity Output with a value of 5.590863 USD in 2019. This figure is notably lower than many of its regional neighbors, reflecting the challenges faced by the Zambian economy. Key drivers behind this low productivity include a reliance on copper exports, limited industrial diversification, and infrastructural constraints that hinder efficient production processes.

Singapore

In 2019, Singapore achieved a Labor Productivity Output of 62.331562 USD, ranking #21 out of 129 countries. This figure positions Singapore above the global average, reflecting its robust economy and competitive workforce. Key drivers of this productivity include a strong emphasis on technology adoption, a highly skilled labor force, and efficient regulatory frameworks that foster innovation and business growth.

Trinidad and Tobago

In 2019, Trinidad and Tobago achieved a global rank of #38 with a Labor Productivity Output of 44.9884 USD. This productivity level is notably higher than the Caribbean regional average, reflecting the nation's relatively advanced industrial sector. Key drivers of this statistic include Trinidad and Tobago's rich natural resources, particularly in oil and gas, which significantly contribute to economic output and employment.