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Aug 21, 2020 · The GDP (PPP) per hour worked is a measure of the productivity of a country when not taking into account unemployment or hours worked per week. GDP stands for gross domestic product normalised to purchasing power parity. Methodology. The data of the following list comes from The Conference Board [1] and Eurostat. [2]
As of 2022, Colombia, Mexico, and Costa Rica ranked the highest number of hours worked per year. Greece ranked the highest In EU with 1886 average hours per year, while Germany ranked the lowest with 1340 average hours worked respectively. [3] [4] Japan and Canada ranked lowest amongst non-European countries.
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The GDP (PPP) per hour worked is a measure of the productivity of a country when not taking into account unemployment or hours worked per week. GDP (PPP) stands for gross domestic product normalised to purchasing power parities .
Rank Country/Territory GDP (billions of current Int$) Year World 127,000 2017 est. 1 China 22,526 2019 est. 2 United States 20,524 2019 est. European Union 19,885 2019 est.
The following is a list of countries reaching a certain threshold of GDP (PPP) in a specific year according to International Monetary Fund. [2] As for the Soviet Union, its GDP (PPP) reached 2.66 trillion USD in 1990, but it is unknown in which year did its economy surpass the 1 trillion and 2 trillion hallmark. [3]
€1,934.40 (US$2288) per month, and €11.16 (US$13.2) per hour for persons 21 and older; between 30–80% (as low as €3.35 per hour) of this amount for persons aged 15–20. An additional holiday allowance of 8% of the annual wage is paid in May or June, prorated for the time worked in the year.
