{"entity":{"iso2":"LV","iso3":"LVA","name":"Latvia","slug":"latvia"},"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":1867.15},{"date":"1996-01-01","value":1865.49},{"date":"1997-01-01","value":1861.22},{"date":"1998-01-01","value":1860.04},{"date":"1999-01-01","value":1861.49},{"date":"2000-01-01","value":1864.65},{"date":"2001-01-01","value":1872.52},{"date":"2002-01-01","value":1841.69},{"date":"2003-01-01","value":1836.01},{"date":"2004-01-01","value":1802.16},{"date":"2005-01-01","value":1842.14},{"date":"2006-01-01","value":1829.0},{"date":"2007-01-01","value":1793.64},{"date":"2008-01-01","value":1751.09},{"date":"2009-01-01","value":1707.34},{"date":"2010-01-01","value":1692.39},{"date":"2011-01-01","value":1707.05},{"date":"2012-01-01","value":1691.65},{"date":"2013-01-01","value":1685.93},{"date":"2014-01-01","value":1695.31},{"date":"2015-01-01","value":1663.19},{"date":"2016-01-01","value":1663.84},{"date":"2017-01-01","value":1649.86},{"date":"2018-01-01","value":1661.18},{"date":"2019-01-01","value":1660.63},{"date":"2020-01-01","value":1570.68},{"date":"2021-01-01","value":1597.46},{"date":"2022-01-01","value":1630.32},{"date":"2023-01-01","value":1625.24}],"summary":{"latest_period":"2023-01-01","latest_value":1625.24,"max":1872.52,"mean":1746.56,"min":1570.68,"of":129,"rank":100,"trend":"falling"}}