Statizoid

Ecuador vs Venezuela: Productivity: output per hour worked

Ecuador
18.8 international-$ in 2021 prices per hour
in 2023
Venezuela
18.44 international-$ in 2021 prices per hour
in 2014
Ecuador rank
77th
Venezuela rank
79th

Productivity: output per hour worked over time

  • Ecuador
  • Venezuela
1015202530195019862023

How they compare

Ecuador currently reports 18.8 international-$ in 2021 prices per hour against 18.44 international-$ in 2021 prices per hour in Venezuela, a difference of 0.3531 international-$ in 2021 prices per hour.

Across all 20 years both countries report, Venezuela has been ahead every year.

Globally, Ecuador ranks 77th and Venezuela ranks 79th 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.