Statizoid

Thailand vs Venezuela: Productivity: output per hour worked

Thailand
19.04 international-$ in 2021 prices per hour
in 2023
Venezuela
18.44 international-$ in 2021 prices per hour
in 2014
Thailand rank
76th
Venezuela rank
79th

Productivity: output per hour worked over time

  • Thailand
  • Venezuela
0102030195019862023

How they compare

Thailand currently reports 19.04 international-$ in 2021 prices per hour against 18.44 international-$ in 2021 prices per hour in Venezuela, a difference of 0.595 international-$ in 2021 prices per hour.

Across all 45 years both countries report, Venezuela has been ahead every year.

Globally, Thailand ranks 76th 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.