{"entity":{"iso2":"IS","iso3":"ISL","name":"Iceland","slug":"iceland"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"labor-productivity-per-hour-pennworldtable","source":"Feenstra et al. - Penn World Table (2025) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/labor-productivity-per-hour-pennworldtable","title":"Productivity: output per hour worked","unit":"international-$ in 2021 prices per hour"},"observations":[{"date":"1964-01-01","value":20.338},{"date":"1965-01-01","value":21.5154},{"date":"1966-01-01","value":22.5532},{"date":"1967-01-01","value":22.3106},{"date":"1968-01-01","value":20.8768},{"date":"1969-01-01","value":22.0706},{"date":"1970-01-01","value":23.0119},{"date":"1971-01-01","value":26.7733},{"date":"1972-01-01","value":26.2804},{"date":"1973-01-01","value":28.7824},{"date":"1974-01-01","value":30.306},{"date":"1975-01-01","value":30.3806},{"date":"1976-01-01","value":29.8858},{"date":"1977-01-01","value":34.3139},{"date":"1978-01-01","value":35.7436},{"date":"1979-01-01","value":37.359},{"date":"1980-01-01","value":38.6355},{"date":"1981-01-01","value":38.7739},{"date":"1982-01-01","value":39.0249},{"date":"1983-01-01","value":35.2116},{"date":"1984-01-01","value":38.1061},{"date":"1985-01-01","value":36.4909},{"date":"1986-01-01","value":38.7277},{"date":"1987-01-01","value":40.9225},{"date":"1988-01-01","value":43.4452},{"date":"1989-01-01","value":42.245},{"date":"1990-01-01","value":42.8696},{"date":"1991-01-01","value":43.6105},{"date":"1992-01-01","value":41.8414},{"date":"1993-01-01","value":42.1978},{"date":"1994-01-01","value":43.9606},{"date":"1995-01-01","value":43.0285},{"date":"1996-01-01","value":43.5891},{"date":"1997-01-01","value":46.9154},{"date":"1998-01-01","value":47.9226},{"date":"1999-01-01","value":50.0413},{"date":"2000-01-01","value":47.9326},{"date":"2001-01-01","value":49.1406},{"date":"2002-01-01","value":51.2875},{"date":"2003-01-01","value":50.9366},{"date":"2004-01-01","value":54.0018},{"date":"2005-01-01","value":54.4024},{"date":"2006-01-01","value":49.6229},{"date":"2007-01-01","value":50.8907},{"date":"2008-01-01","value":58.0052},{"date":"2009-01-01","value":65.1267},{"date":"2010-01-01","value":62.3266},{"date":"2011-01-01","value":62.3503},{"date":"2012-01-01","value":64.1545},{"date":"2013-01-01","value":61.5672},{"date":"2014-01-01","value":61.276},{"date":"2015-01-01","value":61.8669},{"date":"2016-01-01","value":59.7302},{"date":"2017-01-01","value":59.6273},{"date":"2018-01-01","value":60.9408},{"date":"2019-01-01","value":69.404},{"date":"2020-01-01","value":68.7458},{"date":"2021-01-01","value":71.4153},{"date":"2022-01-01","value":73.5785},{"date":"2023-01-01","value":75.6517}],"summary":{"latest_period":"2023-01-01","latest_value":75.6517,"max":75.6517,"mean":45.2341,"min":20.338,"of":130,"rank":14,"trend":"rising"}}