The cost estimating website HowMuch.net has released a story showing productivity among nations in the world. The productivity was measured in dollars per worker per hour, and was based on data released by the International Monetary fund and an organization that measures economic development. The USA was not on top of the list. It ranked fourth, behind Switzerland, Norway, and Luxembourg. Workers in Luxembourg produced $68.00 per hour, versus $34 for the USA. A chart is shown for reference.
- World productivity stats show the west as outstripping the east in productivity ratings by a long way.
- Interestingly Germany manages to work the fewest hours, while nonetheless garnering a high productivity score.
- Two countries that put in very long hours with not much by way of productivity rewards to show for their efforts are Costa Rica and Mexico.
“The U.S., where workers average 33.6 hours on the job each week, comes in at $34.02. Workers in Luxembourg, by comparison, log 29 hours a week.”