{"entity":{"iso2":"LV","iso3":"LVA","name":"Latvia","slug":"latvia"},"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":"1995-01-01","value":14.9999},{"date":"1996-01-01","value":14.982},{"date":"1997-01-01","value":15.0597},{"date":"1998-01-01","value":16.2348},{"date":"1999-01-01","value":17.3222},{"date":"2000-01-01","value":18.6619},{"date":"2001-01-01","value":19.5139},{"date":"2002-01-01","value":20.4756},{"date":"2003-01-01","value":20.523},{"date":"2004-01-01","value":21.4922},{"date":"2005-01-01","value":22.7368},{"date":"2006-01-01","value":23.2803},{"date":"2007-01-01","value":24.7085},{"date":"2008-01-01","value":26.1984},{"date":"2009-01-01","value":28.0596},{"date":"2010-01-01","value":30.8719},{"date":"2011-01-01","value":32.1494},{"date":"2012-01-01","value":33.91},{"date":"2013-01-01","value":32.7981},{"date":"2014-01-01","value":34.4077},{"date":"2015-01-01","value":35.7921},{"date":"2016-01-01","value":36.6945},{"date":"2017-01-01","value":38.9503},{"date":"2018-01-01","value":38.7399},{"date":"2019-01-01","value":40.0542},{"date":"2020-01-01","value":41.9574},{"date":"2021-01-01","value":43.4526},{"date":"2022-01-01","value":43.0254},{"date":"2023-01-01","value":43.9935}],"summary":{"latest_period":"2023-01-01","latest_value":43.9935,"max":43.9935,"mean":28.6568,"min":14.982,"of":130,"rank":41,"trend":"rising"}}