Productivity: output per hour worked in Argentina

Argentina: Productivity: output per hour worked was 33.82 international-$ in 2021 prices per hour in 2023. ◆ Volatile

Latest (2023)
33.82 international-$ in 2021 prices per hour
Change on year
down 9.2%
World rank
56th
of 130 countries
All-time high
37.23 international-$ in 2021 prices per hour
in 2022
All-time low
6.5 international-$ in 2021 prices per hour
in 1972
Years of data
52
1972–2023

Productivity: output per hour worked in Argentina, 1972–2023

10203040197219972023

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices per hour.

Analysis

In 2023, productivity: output per hour worked in Argentina stood at 33.82 international-$ in 2021 prices per hour.

Compared with earlier readings it is down 9.2% on the previous year and up 11.2% over ten years.

Over the whole period, productivity: output per hour worked in Argentina peaked at 37.23 international-$ in 2021 prices per hour in 2022 and was at its lowest, 6.5 international-$ in 2021 prices per hour, in 1972.

That places Argentina 56th out of 130 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.86 international-$ in 2021 prices per hour 6.5 international-$ in 2021 prices per hour 7.21 international-$ in 2021 prices per hour 8
1980s 8.45 international-$ in 2021 prices per hour 7.25 international-$ in 2021 prices per hour 9.87 international-$ in 2021 prices per hour 10
1990s 19.27 international-$ in 2021 prices per hour 10.43 international-$ in 2021 prices per hour 26.7 international-$ in 2021 prices per hour 10
2000s 22.97 international-$ in 2021 prices per hour 20.69 international-$ in 2021 prices per hour 25.8 international-$ in 2021 prices per hour 10
2010s 31.38 international-$ in 2021 prices per hour 27.55 international-$ in 2021 prices per hour 35.62 international-$ in 2021 prices per hour 10
2020s 35.57 international-$ in 2021 prices per hour 33.82 international-$ in 2021 prices per hour 37.23 international-$ in 2021 prices per hour 4

Countries ranked near Argentina

  1. 53 Russia 36.64 international-$ in 2021 prices per hour compare
  2. 54 Iraq 36.03 international-$ in 2021 prices per hour compare
  3. 55 Belarus 35.13 international-$ in 2021 prices per hour compare
  4. 57 Gabon 33.27 international-$ in 2021 prices per hour compare
  5. 58 Chile 32.02 international-$ in 2021 prices per hour compare
  6. 59 Mauritius 29.83 international-$ in 2021 prices per hour compare

See the full ranking of 130 places →

More work & labour data for Argentina

All data for Argentina →

Frequently asked questions

What is productivity: output per hour worked in Argentina?
Productivity: output per hour worked in Argentina was 33.82 international-$ in 2021 prices per hour in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
What is the highest productivity: output per hour worked recorded in Argentina?
The highest recorded value was 37.23 international-$ in 2021 prices per hour in 2022.
What is the lowest productivity: output per hour worked recorded in Argentina?
The lowest recorded value was 6.5 international-$ in 2021 prices per hour in 1972.
How does Argentina rank for productivity: output per hour worked?
Argentina ranks 56th out of 130 countries with data for 2023.
Is productivity: output per hour worked rising or falling in Argentina?
Over the last ten years it is up 11.2%. The long-run trend across the full record is volatile.
Where does this Argentina data come from?
The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Productivity: output per hour worked. Statizoid updates them automatically from the source API.

Download this data

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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.