Statizoid

Cyprus vs Latvia: Productivity: output per hour worked

Cyprus
43.85 international-$ in 2021 prices per hour
in 2023
Latvia
43.99 international-$ in 2021 prices per hour
in 2023
Cyprus rank
43rd
Latvia rank
41st

Productivity: output per hour worked over time

  • Cyprus
  • Latvia
1020304050199520092023

How they compare

Latvia currently reports 43.99 international-$ in 2021 prices per hour against 43.85 international-$ in 2021 prices per hour in Cyprus, a difference of 0.1452 international-$ in 2021 prices per hour.

The two have swapped places 1 time across 29 shared years of data; in 1995 it was Cyprus ahead.

Globally, Cyprus ranks 43rd and Latvia ranks 41st 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

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.