Productivity: output per hour worked in Taiwan

Taiwan: Productivity: output per hour worked was 60.85 international-$ in 2021 prices per hour in 2023. ◆ Volatile

Latest (2023)
60.85 international-$ in 2021 prices per hour
Change on year
up 1.8%
World rank
22nd
of 130 countries
All-time high
60.85 international-$ in 2021 prices per hour
in 2023
All-time low
2.31 international-$ in 2021 prices per hour
in 1951
Years of data
72
1951–2023

Productivity: output per hour worked in Taiwan, 1951–2023

0204060195119872023

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 Taiwan stood at 60.85 international-$ in 2021 prices per hour. That is the highest value across all 72 years on record.

The figure is up 1.8% on the previous year and up 21.8% over ten years.

Over the whole period, productivity: output per hour worked in Taiwan peaked at 60.85 international-$ in 2021 prices per hour in 2023 and was at its lowest, 2.31 international-$ in 2021 prices per hour, in 1951.

Taiwan ranks 22nd of 130 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1950s 3.12 international-$ in 2021 prices per hour 2.31 international-$ in 2021 prices per hour 3.86 international-$ in 2021 prices per hour 9
1960s 5.62 international-$ in 2021 prices per hour 4.04 international-$ in 2021 prices per hour 7.57 international-$ in 2021 prices per hour 10
1970s 11.15 international-$ in 2021 prices per hour 8.29 international-$ in 2021 prices per hour 14.26 international-$ in 2021 prices per hour 10
1980s 18.92 international-$ in 2021 prices per hour 15.24 international-$ in 2021 prices per hour 24.91 international-$ in 2021 prices per hour 10
1990s 34.13 international-$ in 2021 prices per hour 27.13 international-$ in 2021 prices per hour 41.71 international-$ in 2021 prices per hour 10
2000s 46.95 international-$ in 2021 prices per hour 43.52 international-$ in 2021 prices per hour 49.77 international-$ in 2021 prices per hour 10
2010s 50.9 international-$ in 2021 prices per hour 49.66 international-$ in 2021 prices per hour 53.52 international-$ in 2021 prices per hour 9
2020s 59.16 international-$ in 2021 prices per hour 57.04 international-$ in 2021 prices per hour 60.85 international-$ in 2021 prices per hour 4

Countries ranked near Taiwan

  1. 19 Singapore 65.92 international-$ in 2021 prices per hour compare
  2. 20 Spain 64 international-$ in 2021 prices per hour compare
  3. 21 Canada 61.96 international-$ in 2021 prices per hour compare
  4. 23 Saudi Arabia 59.88 international-$ in 2021 prices per hour compare
  5. 24 Turkey 56.52 international-$ in 2021 prices per hour compare
  6. 25 South Korea 53.61 international-$ in 2021 prices per hour compare

See the full ranking of 130 places →

Frequently asked questions

What is productivity: output per hour worked in Taiwan?
Productivity: output per hour worked in Taiwan was 60.85 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 Taiwan?
The highest recorded value was 60.85 international-$ in 2021 prices per hour in 2023.
What is the lowest productivity: output per hour worked recorded in Taiwan?
The lowest recorded value was 2.31 international-$ in 2021 prices per hour in 1951.
How does Taiwan rank for productivity: output per hour worked?
Taiwan ranks 22nd out of 130 countries with data for 2023.
Is productivity: output per hour worked rising or falling in Taiwan?
Over the last ten years it is up 21.8%. The long-run trend across the full record is volatile.
Where does this Taiwan 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

CSV · JSON — 72 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.