{"entity":{"iso2":"AU","iso3":"AUS","name":"Australia","slug":"australia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"productivity-vs-annual-hours-worked","source":"Feenstra et al. - Penn World Table (2025) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/productivity-vs-annual-hours-worked","title":"Annual working hours vs. productivity","unit":"hours per worker"},"observations":[{"date":"1950-01-01","value":2029.52},{"date":"1951-01-01","value":2010.76},{"date":"1952-01-01","value":1992.16},{"date":"1953-01-01","value":1973.74},{"date":"1954-01-01","value":1955.48},{"date":"1955-01-01","value":1937.4},{"date":"1956-01-01","value":1919.48},{"date":"1957-01-01","value":1901.73},{"date":"1958-01-01","value":1884.14},{"date":"1959-01-01","value":1866.72},{"date":"1960-01-01","value":1849.46},{"date":"1961-01-01","value":1846.05},{"date":"1962-01-01","value":1842.64},{"date":"1963-01-01","value":1839.24},{"date":"1964-01-01","value":1835.85},{"date":"1965-01-01","value":1832.46},{"date":"1966-01-01","value":1829.08},{"date":"1967-01-01","value":1825.71},{"date":"1968-01-01","value":1822.34},{"date":"1969-01-01","value":1818.98},{"date":"1970-01-01","value":1815.62},{"date":"1971-01-01","value":1798.2},{"date":"1972-01-01","value":1779.19},{"date":"1973-01-01","value":1766.72},{"date":"1974-01-01","value":1782.85},{"date":"1975-01-01","value":1770.48},{"date":"1976-01-01","value":1780.18},{"date":"1977-01-01","value":1781.86},{"date":"1978-01-01","value":1782.66},{"date":"1979-01-01","value":1787.7},{"date":"1980-01-01","value":1785.37},{"date":"1981-01-01","value":1771.21},{"date":"1982-01-01","value":1750.51},{"date":"1983-01-01","value":1734.47},{"date":"1984-01-01","value":1753.62},{"date":"1985-01-01","value":1745.54},{"date":"1986-01-01","value":1750.05},{"date":"1987-01-01","value":1748.07},{"date":"1988-01-01","value":1745.23},{"date":"1989-01-01","value":1755.12},{"date":"1990-01-01","value":1740.63},{"date":"1991-01-01","value":1727.68},{"date":"1992-01-01","value":1724.85},{"date":"1993-01-01","value":1740.43},{"date":"1994-01-01","value":1745.08},{"date":"1995-01-01","value":1746.31},{"date":"1996-01-01","value":1748.8},{"date":"1997-01-01","value":1746.24},{"date":"1998-01-01","value":1735.3},{"date":"1999-01-01","value":1723.86},{"date":"2000-01-01","value":1738.5},{"date":"2001-01-01","value":1716.04},{"date":"2002-01-01","value":1697.8},{"date":"2003-01-01","value":1694.46},{"date":"2004-01-01","value":1686.14},{"date":"2005-01-01","value":1685.79},{"date":"2006-01-01","value":1676.85},{"date":"2007-01-01","value":1674.13},{"date":"2008-01-01","value":1677.89},{"date":"2009-01-01","value":1672.41},{"date":"2010-01-01","value":1654.81},{"date":"2011-01-01","value":1660.5},{"date":"2012-01-01","value":1661.94},{"date":"2013-01-01","value":1653.12},{"date":"2014-01-01","value":1655.97},{"date":"2015-01-01","value":1649.81},{"date":"2016-01-01","value":1643.82},{"date":"2017-01-01","value":1641.6},{"date":"2018-01-01","value":1633.87},{"date":"2019-01-01","value":1632.29},{"date":"2020-01-01","value":1601.09},{"date":"2021-01-01","value":1597.75},{"date":"2022-01-01","value":1587.71},{"date":"2023-01-01","value":1611.13}],"summary":{"latest_period":"2023-01-01","latest_value":1611.13,"max":2029.52,"mean":1761.92,"min":1587.71,"of":129,"rank":104,"trend":"falling"}}