Armenia vs Serbia: Productivity: output per hour worked

Armenia

25.99 international-$ in 2021 prices per hour

in 2023

Serbia

25.36 international-$ in 2021 prices per hour

in 2023

Armenia rank

66th

Serbia rank

68th

Productivity: output per hour worked over time

Armenia
Serbia

How they compare

Armenia currently reports 25.99 international-$ in 2021 prices per hour against 25.36 international-$ in 2021 prices per hour in Serbia, a difference of 0.6342 international-$ in 2021 prices per hour.

The two have swapped places 5 times across 19 shared years of data; in 2005 it was Serbia ahead.

Globally, Armenia ranks 66th and Serbia ranks 68th of 130 countries.

Individual pages

About this data

Indicator: Productivity: output per hour worked
Unit: international-$ in 2021 prices per hour
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 130 places, 4,965 data points, 1950–2023
Last refreshed: 06 August 2026

Productivity is calculated as GDP divided by the total number of hours worked in the economy. This data is adjusted for inflation and differences in living costs between countries.