{"entity":{"iso2":"VE","iso3":"VEN","name":"Venezuela","slug":"venezuela-rb"},"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":2179.0},{"date":"1951-01-01","value":2162.98},{"date":"1952-01-01","value":2147.08},{"date":"1953-01-01","value":2131.29},{"date":"1954-01-01","value":2115.62},{"date":"1955-01-01","value":2100.07},{"date":"1956-01-01","value":2084.63},{"date":"1957-01-01","value":2069.31},{"date":"1958-01-01","value":2054.09},{"date":"1959-01-01","value":2038.99},{"date":"1960-01-01","value":2024.0},{"date":"1961-01-01","value":2016.58},{"date":"1962-01-01","value":2009.18},{"date":"1963-01-01","value":2001.82},{"date":"1964-01-01","value":1994.48},{"date":"1965-01-01","value":1987.16},{"date":"1966-01-01","value":1979.88},{"date":"1967-01-01","value":1972.62},{"date":"1968-01-01","value":1965.39},{"date":"1969-01-01","value":1958.18},{"date":"1970-01-01","value":1951.0},{"date":"1971-01-01","value":1955.66},{"date":"1972-01-01","value":1960.32},{"date":"1973-01-01","value":1965.0},{"date":"1974-01-01","value":1969.54},{"date":"1975-01-01","value":1974.09},{"date":"1976-01-01","value":1978.65},{"date":"1977-01-01","value":1983.22},{"date":"1978-01-01","value":1987.8},{"date":"1979-01-01","value":1992.4},{"date":"1980-01-01","value":1997.0},{"date":"1981-01-01","value":1985.98},{"date":"1982-01-01","value":1975.03},{"date":"1983-01-01","value":1964.13},{"date":"1984-01-01","value":1953.29},{"date":"1985-01-01","value":1942.52},{"date":"1986-01-01","value":1931.8},{"date":"1987-01-01","value":1921.14},{"date":"1988-01-01","value":1910.54},{"date":"1989-01-01","value":1900.0},{"date":"1990-01-01","value":1889.0},{"date":"1991-01-01","value":1878.47},{"date":"1992-01-01","value":1868.0},{"date":"1993-01-01","value":1888.88},{"date":"1994-01-01","value":1910.0},{"date":"1995-01-01","value":1915.23},{"date":"1996-01-01","value":1920.47},{"date":"1997-01-01","value":1925.73},{"date":"1998-01-01","value":1931.0},{"date":"1999-01-01","value":1886.9},{"date":"2000-01-01","value":1898.51},{"date":"2001-01-01","value":1869.47},{"date":"2002-01-01","value":1829.02},{"date":"2003-01-01","value":1801.21},{"date":"2004-01-01","value":1896.69},{"date":"2005-01-01","value":1922.85},{"date":"2006-01-01","value":1903.85},{"date":"2007-01-01","value":1877.74},{"date":"2008-01-01","value":1869.22},{"date":"2009-01-01","value":1862.41},{"date":"2010-01-01","value":1885.13},{"date":"2011-01-01","value":1862.19},{"date":"2012-01-01","value":1850.76},{"date":"2013-01-01","value":1840.05},{"date":"2014-01-01","value":1829.18}],"summary":{"latest_period":"2014-01-01","latest_value":1829.18,"max":2179.0,"mean":1956.98,"min":1801.21,"of":129,"rank":81,"trend":"falling"}}