Gap in GDP per hour worked with respect to the United States in Finland
Finland: Gap in GDP per hour worked with respect to the United States was -16.86 Percentage in 2016. ▲ Rising
Gap in GDP per hour worked with respect to the United States in Finland, 1970–2016
Source: OECD (2017) – processed by Our World in Data. Measured in Percentage.
Analysis
In 2016, gap in gdp per hour worked with respect to the united states in Finland stood at -16.86 Percentage.
Compared with earlier readings it is up 6.7% on the previous year and up 12.1% over ten years.
Over the whole period, gap in gdp per hour worked with respect to the united states in Finland peaked at -14.3 Percentage in 2008 and was at its lowest, -50.43 Percentage, in 1970.
That places Finland 12th out of 36 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Gap in GDP per hour worked with respect to the United States in Finland, year by year
| Year | Percentage | Change |
|---|---|---|
| 1970 | -50.43 Percentage | — |
| 1971 | -49.88 Percentage | -1.1% |
| 1972 | -47.33 Percentage | -5.1% |
| 1973 | -45.52 Percentage | -3.8% |
| 1974 | -43.27 Percentage | -4.9% |
| 1975 | -43.24 Percentage | -0.1% |
| 1976 | -43.79 Percentage | +1.3% |
| 1977 | -42.96 Percentage | -1.9% |
| 1978 | -41.39 Percentage | -3.7% |
| 1979 | -38.05 Percentage | -8.1% |
| 1980 | -35.9 Percentage | -5.7% |
| 1981 | -37.55 Percentage | +4.6% |
| 1982 | -35.56 Percentage | -5.3% |
| 1983 | -34.96 Percentage | -1.7% |
| 1984 | -34.34 Percentage | -1.8% |
| 1985 | -33.38 Percentage | -2.8% |
| 1986 | -32.12 Percentage | -3.8% |
| 1987 | -30.81 Percentage | -4.1% |
| 1988 | -29.1 Percentage | -5.6% |
| 1989 | -26.68 Percentage | -8.3% |
| 1990 | -25.73 Percentage | -3.5% |
| 1991 | -26.03 Percentage | +1.2% |
| 1992 | -25.87 Percentage | -0.6% |
| 1993 | -22.15 Percentage | -14.4% |
| 1994 | -19.54 Percentage | -11.8% |
| 1995 | -17.88 Percentage | -8.5% |
| 1996 | -20.16 Percentage | +12.7% |
| 1997 | -18.11 Percentage | -10.1% |
| 1998 | -15.15 Percentage | -16.4% |
| 1999 | -16.52 Percentage | +9.0% |
| 2000 | -15.14 Percentage | -8.3% |
| 2001 | -15.73 Percentage | +3.9% |
| 2002 | -17.34 Percentage | +10.2% |
| 2003 | -19.71 Percentage | +13.7% |
| 2004 | -18.51 Percentage | -6.1% |
| 2005 | -20.9 Percentage | +12.9% |
| 2006 | -19.18 Percentage | -8.2% |
| 2007 | -15.85 Percentage | -17.4% |
| 2008 | -14.3 Percentage | -9.8% |
| 2009 | -18.31 Percentage | +28.0% |
| 2010 | -18.93 Percentage | +3.4% |
| 2011 | -17.24 Percentage | -8.9% |
| 2012 | -18.78 Percentage | +9.0% |
| 2013 | -17.43 Percentage | -7.2% |
| 2014 | -18.1 Percentage | +3.8% |
| 2015 | -18.07 Percentage | -0.2% |
| 2016 | -16.86 Percentage | -6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -44.59 Percentage | -50.43 Percentage | -38.05 Percentage | 10 |
| 1980s | -33.04 Percentage | -37.55 Percentage | -26.68 Percentage | 10 |
| 1990s | -20.71 Percentage | -26.03 Percentage | -15.15 Percentage | 10 |
| 2000s | -17.5 Percentage | -20.9 Percentage | -14.3 Percentage | 10 |
| 2010s | -17.92 Percentage | -18.93 Percentage | -16.86 Percentage | 7 |
Countries ranked near Finland
More economy & growth data for Finland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.51 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 13.89 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0514 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,889 current US$ per person (2025)
- General government final consumption expenditure (current US$) 6 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2607 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 14,637 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 1.54 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.2307 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gap in gdp per hour worked with respect to the united states in Finland?
- Gap in gdp per hour worked with respect to the united states in Finland was -16.86 Percentage in 2016, according to OECD (2017) – processed by Our World in Data.
- What is the highest gap in gdp per hour worked with respect to the united states recorded in Finland?
- The highest recorded value was -14.3 Percentage in 2008.
- What is the lowest gap in gdp per hour worked with respect to the united states recorded in Finland?
- The lowest recorded value was -50.43 Percentage in 1970.
- How does Finland rank for gap in gdp per hour worked with respect to the united states?
- Finland ranks 12th out of 36 countries with data for 2016.
- Is gap in gdp per hour worked with respect to the united states rising or falling in Finland?
- Over the last ten years it is up 12.1%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from OECD (2017) – processed by Our World in Data, published as part of Gap in GDP per hour worked with respect to the United States. Statizoid updates them automatically from the source API.
Download this data
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About this data
Figure illustrates the gap in GDP per hour worked with respect to the United States. The gap is calculated by taking a country's GDP per hour worked minus that of the US, divided by US GDP per hour worked. A positive gap suggests the country is more productive (has higher GDP per hour worked) than the US.