{"entity":{"iso2":"IS","iso3":"ISL","name":"Iceland","slug":"iceland"},"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":"1964-01-01","value":2139.42},{"date":"1965-01-01","value":2116.13},{"date":"1966-01-01","value":2103.81},{"date":"1967-01-01","value":2068.0},{"date":"1968-01-01","value":2020.87},{"date":"1969-01-01","value":1992.36},{"date":"1970-01-01","value":1974.92},{"date":"1971-01-01","value":1936.53},{"date":"1972-01-01","value":1903.51},{"date":"1973-01-01","value":1886.13},{"date":"1974-01-01","value":1861.45},{"date":"1975-01-01","value":1836.73},{"date":"1976-01-01","value":1809.27},{"date":"1977-01-01","value":1767.23},{"date":"1978-01-01","value":1728.75},{"date":"1979-01-01","value":1715.89},{"date":"1980-01-01","value":1705.82},{"date":"1981-01-01","value":1699.41},{"date":"1982-01-01","value":1702.14},{"date":"1983-01-01","value":1702.15},{"date":"1984-01-01","value":1700.32},{"date":"1985-01-01","value":1699.41},{"date":"1986-01-01","value":1692.1},{"date":"1987-01-01","value":1690.24},{"date":"1988-01-01","value":1697.57},{"date":"1989-01-01","value":1693.02},{"date":"1990-01-01","value":1682.95},{"date":"1991-01-01","value":1686.55},{"date":"1992-01-01","value":1686.55},{"date":"1993-01-01","value":1701.67},{"date":"1994-01-01","value":1673.1},{"date":"1995-01-01","value":1659.66},{"date":"1996-01-01","value":1677.3},{"date":"1997-01-01","value":1702.51},{"date":"1998-01-01","value":1683.19},{"date":"1999-01-01","value":1663.02},{"date":"2000-01-01","value":1714.28},{"date":"2001-01-01","value":1725.2},{"date":"2002-01-01","value":1690.75},{"date":"2003-01-01","value":1657.14},{"date":"2004-01-01","value":1663.86},{"date":"2005-01-01","value":1655.46},{"date":"2006-01-01","value":1645.37},{"date":"2007-01-01","value":1623.52},{"date":"2008-01-01","value":1625.2},{"date":"2009-01-01","value":1536.39},{"date":"2010-01-01","value":1527.85},{"date":"2011-01-01","value":1537.68},{"date":"2012-01-01","value":1523.06},{"date":"2013-01-01","value":1524.13},{"date":"2014-01-01","value":1513.44},{"date":"2015-01-01","value":1511.4},{"date":"2016-01-01","value":1519.99},{"date":"2017-01-01","value":1507.08},{"date":"2018-01-01","value":1496.46},{"date":"2019-01-01","value":1480.15},{"date":"2020-01-01","value":1464.42},{"date":"2021-01-01","value":1460.39},{"date":"2022-01-01","value":1459.89},{"date":"2023-01-01","value":1451.99}],"summary":{"latest_period":"2023-01-01","latest_value":1451.99,"max":2139.42,"mean":1702.91,"min":1451.99,"of":129,"rank":122,"trend":"falling"}}