{"entity":{"iso2":"EC","iso3":"ECU","name":"Ecuador","slug":"ecuador"},"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":"1995-01-01","value":1943.0},{"date":"1996-01-01","value":1936.31},{"date":"1997-01-01","value":1929.64},{"date":"1998-01-01","value":1923.0},{"date":"1999-01-01","value":1788.7},{"date":"2000-01-01","value":1800.23},{"date":"2001-01-01","value":1811.82},{"date":"2002-01-01","value":1823.49},{"date":"2003-01-01","value":1835.24},{"date":"2004-01-01","value":1782.72},{"date":"2005-01-01","value":1808.51},{"date":"2006-01-01","value":1772.75},{"date":"2007-01-01","value":1729.05},{"date":"2008-01-01","value":1758.1},{"date":"2009-01-01","value":1734.47},{"date":"2010-01-01","value":1719.46},{"date":"2011-01-01","value":1699.53},{"date":"2012-01-01","value":1664.73},{"date":"2013-01-01","value":1661.25},{"date":"2014-01-01","value":1649.27},{"date":"2015-01-01","value":1620.2},{"date":"2016-01-01","value":1572.31},{"date":"2017-01-01","value":1566.36},{"date":"2018-01-01","value":1568.14},{"date":"2019-01-01","value":1551.64},{"date":"2020-01-01","value":1483.37},{"date":"2021-01-01","value":1570.01},{"date":"2022-01-01","value":1592.91},{"date":"2023-01-01","value":1593.77}],"summary":{"latest_period":"2023-01-01","latest_value":1593.77,"max":1943.0,"mean":1720.34,"min":1483.37,"of":129,"rank":109,"trend":"falling"}}
