{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"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":"2005-01-01","value":16.0011},{"date":"2006-01-01","value":17.6072},{"date":"2007-01-01","value":17.8931},{"date":"2008-01-01","value":18.3777},{"date":"2009-01-01","value":19.6688},{"date":"2010-01-01","value":21.6875},{"date":"2011-01-01","value":25.2617},{"date":"2012-01-01","value":25.4595},{"date":"2013-01-01","value":24.7253},{"date":"2014-01-01","value":24.2907},{"date":"2015-01-01","value":22.974},{"date":"2016-01-01","value":22.3062},{"date":"2017-01-01","value":22.4604},{"date":"2018-01-01","value":22.2391},{"date":"2019-01-01","value":23.7322},{"date":"2020-01-01","value":23.5503},{"date":"2021-01-01","value":24.4741},{"date":"2022-01-01","value":23.7551},{"date":"2023-01-01","value":25.359}],"summary":{"latest_period":"2023-01-01","latest_value":25.359,"max":25.4595,"mean":22.2012,"min":16.0011,"of":130,"rank":68,"trend":"rising"}}