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Step-IN.hr > Productivity

 

Labour Productivity

 

 


Labour productivity is the amount of goods and services that a labourer produces in a given amount of time and is defined as GDP per hour worked.

Labor productivity can be calculated by dividing the GDP with the product of total annual hours of work and employment in the country.

As the labour productivity is useful information when comparing different economies within a period of time, we compare the productivity of Croatian with other countries in our environment. Labour productivity of the countries (per employee, per hour) you can see in the following table:


Country

Labour productivity

Croatia

14,70 €

Hungary

16,87

Serbia

12,06

Slovenia

20,93

Bosnia and Herzegovina

8,35

 

From this table we can conclude that we are one of the leading countries in our region.

Labour productivity per person employed - GDP in Purchasing Power Standards (PPS) per person employed relative to EU-27 (EU-27=100) is shown in the following table:

Country

Index

EU

100

Croatia

76,6

Hungary

69,5

Macedonia

58

Slovenia

84,2

 

 


 

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