{"entity":{"iso2":"VE","iso3":"VEN","name":"Venezuela","slug":"venezuela-rb"},"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":"1950-01-01","value":9.72952},{"date":"1951-01-01","value":10.4825},{"date":"1952-01-01","value":11.6799},{"date":"1953-01-01","value":11.7542},{"date":"1954-01-01","value":12.6646},{"date":"1955-01-01","value":13.144},{"date":"1956-01-01","value":13.8347},{"date":"1957-01-01","value":14.833},{"date":"1958-01-01","value":15.2911},{"date":"1959-01-01","value":15.6329},{"date":"1960-01-01","value":14.395},{"date":"1961-01-01","value":14.5017},{"date":"1962-01-01","value":15.2007},{"date":"1963-01-01","value":15.9348},{"date":"1964-01-01","value":17.2854},{"date":"1965-01-01","value":17.4558},{"date":"1966-01-01","value":17.1967},{"date":"1967-01-01","value":17.4191},{"date":"1968-01-01","value":18.9465},{"date":"1969-01-01","value":19.6296},{"date":"1970-01-01","value":21.6419},{"date":"1971-01-01","value":20.2017},{"date":"1972-01-01","value":20.2011},{"date":"1973-01-01","value":21.5567},{"date":"1974-01-01","value":24.8218},{"date":"1975-01-01","value":23.6394},{"date":"1976-01-01","value":25.2146},{"date":"1977-01-01","value":25.5412},{"date":"1978-01-01","value":23.9852},{"date":"1979-01-01","value":24.6046},{"date":"1980-01-01","value":21.6276},{"date":"1981-01-01","value":20.958},{"date":"1982-01-01","value":19.4855},{"date":"1983-01-01","value":19.7858},{"date":"1984-01-01","value":20.2422},{"date":"1985-01-01","value":18.6158},{"date":"1986-01-01","value":16.6962},{"date":"1987-01-01","value":16.1896},{"date":"1988-01-01","value":15.8934},{"date":"1989-01-01","value":14.9849},{"date":"1990-01-01","value":15.4282},{"date":"1991-01-01","value":15.9486},{"date":"1992-01-01","value":16.0062},{"date":"1993-01-01","value":14.9657},{"date":"1994-01-01","value":13.8157},{"date":"1995-01-01","value":13.8272},{"date":"1996-01-01","value":13.4384},{"date":"1997-01-01","value":12.944},{"date":"1998-01-01","value":11.352},{"date":"1999-01-01","value":11.8805},{"date":"2000-01-01","value":14.0731},{"date":"2001-01-01","value":13.1285},{"date":"2002-01-01","value":12.2566},{"date":"2003-01-01","value":11.9708},{"date":"2004-01-01","value":14.2397},{"date":"2005-01-01","value":17.6111},{"date":"2006-01-01","value":19.9599},{"date":"2007-01-01","value":22.5294},{"date":"2008-01-01","value":25.993},{"date":"2009-01-01","value":22.2907},{"date":"2010-01-01","value":26.6798},{"date":"2011-01-01","value":29.2776},{"date":"2012-01-01","value":30.0553},{"date":"2013-01-01","value":28.0379},{"date":"2014-01-01","value":18.4443}],"summary":{"latest_period":"2014-01-01","latest_value":18.4443,"max":30.0553,"mean":17.8316,"min":9.72952,"of":130,"rank":79,"trend":"rising"}}