Annual working hours vs. productivity in Venezuela
Venezuela: Annual working hours vs. productivity was 1,829 hours per worker in 2014. ▼ Falling
Annual working hours vs. productivity in Venezuela, 1950–2014
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in hours per worker.
Analysis
In 2014, annual working hours vs. productivity in Venezuela stood at 1,829 hours per worker.
Compared with earlier readings it is down 0.6% on the previous year and down 3.6% over ten years.
Over the whole period, annual working hours vs. productivity in Venezuela peaked at 2,179 hours per worker in 1950 and was at its lowest, 1,801 hours per worker, in 2003.
That places Venezuela 81st out of 129 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently falling across the 65 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 2,108 hours per worker | 2,039 hours per worker | 2,179 hours per worker | 10 |
| 1960s | 1,991 hours per worker | 1,958 hours per worker | 2,024 hours per worker | 10 |
| 1970s | 1,972 hours per worker | 1,951 hours per worker | 1,992 hours per worker | 10 |
| 1980s | 1,948 hours per worker | 1,900 hours per worker | 1,997 hours per worker | 10 |
| 1990s | 1,901 hours per worker | 1,868 hours per worker | 1,931 hours per worker | 10 |
| 2000s | 1,873 hours per worker | 1,801 hours per worker | 1,923 hours per worker | 10 |
| 2010s | 1,853 hours per worker | 1,829 hours per worker | 1,885 hours per worker | 5 |
Countries ranked near Venezuela
- 78 Democratic Republic of Congo 1,841 hours per worker compare
- 79 Cyprus 1,840 hours per worker compare
- 80 Kyrgyzstan 1,830 hours per worker compare
- 82 Romania 1,826 hours per worker compare
- 83 Poland 1,807 hours per worker compare
- 84 Madagascar 1,799 hours per worker compare
More economy & growth data for Venezuela
- Services, value added 0 current LCU (2011)
- Exports of goods and services 14.85 billion current US$ (2025)
- Exports of goods and services 2.46 trillion current LCU (2025)
- Exports of goods and services 16.32 billion constant 2015 US$ (2025)
- Exports of goods and services 4.4% (2025)
- Services, value added -0.4% (2014)
- Exports of goods and services 14.9% (2025)
- Gross fixed capital formation -5.1% (2025)
- Gross fixed capital formation 2.15 billion constant 2015 US$ (2025)
- Gross fixed capital formation 754.41 billion current LCU (2025)
Frequently asked questions
- What is annual working hours vs. productivity in Venezuela?
- Annual working hours vs. productivity in Venezuela was 1,829 hours per worker in 2014, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest annual working hours vs. productivity recorded in Venezuela?
- The highest recorded value was 2,179 hours per worker in 1950.
- What is the lowest annual working hours vs. productivity recorded in Venezuela?
- The lowest recorded value was 1,801 hours per worker in 2003.
- How does Venezuela rank for annual working hours vs. productivity?
- Venezuela ranks 81st out of 129 countries with data for 2014.
- Is annual working hours vs. productivity rising or falling in Venezuela?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Annual working hours vs. productivity. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This is the average sum of hours worked by employees and self-employed people during each year in a country.