Productivity vs annual hours worked in Finland
Finland: Productivity vs annual hours worked was 1,497 in 2023. ▼ Falling
Latest (2023)
1,497
Change on year
down 1.0%
World rank
118th
of 129 countries
All-time high
2,011
in 1964
All-time low
1,497
in 2023
Years of data
74
1950–2023
Productivity vs annual hours worked in Finland, 1950–2023
Source: Our World in Data.
Analysis
Finland recorded 1,497 for productivity vs annual hours worked in 2023. That is the lowest value across all 74 years on record.
Compared with earlier readings it is down 1.0% on the previous year and down 4.1% over ten years.
Over the whole period, productivity vs annual hours worked in Finland peaked at 2,011 in 1964 and was at its lowest, 1,497, in 2023.
Finland ranks 118th of 129 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 74 years of available data.
Productivity vs annual hours worked in Finland, year by year
| Year | Value | Change |
|---|---|---|
| 1950 | 1,991 | — |
| 1951 | 1,992 | +0.0% |
| 1952 | 1,992 | +0.0% |
| 1953 | 1,993 | +0.0% |
| 1954 | 1,994 | +0.0% |
| 1955 | 1,994 | +0.0% |
| 1956 | 1,995 | +0.0% |
| 1957 | 1,995 | +0.0% |
| 1958 | 1,996 | +0.0% |
| 1959 | 1,996 | +0.0% |
| 1960 | 1,997 | +0.0% |
| 1961 | 1,996 | -0.0% |
| 1962 | 1,989 | -0.3% |
| 1963 | 1,985 | -0.2% |
| 1964 | 2,011 | +1.3% |
| 1965 | 2,011 | +0.0% |
| 1966 | 1,986 | -1.2% |
| 1967 | 1,970 | -0.8% |
| 1968 | 1,954 | -0.8% |
| 1969 | 1,936 | -0.9% |
| 1970 | 1,921 | -0.8% |
| 1971 | 1,887 | -1.8% |
| 1972 | 1,871 | -0.8% |
| 1973 | 1,856 | -0.8% |
| 1974 | 1,850 | -0.3% |
| 1975 | 1,781 | -3.7% |
| 1976 | 1,779 | -0.2% |
| 1977 | 1,771 | -0.4% |
| 1978 | 1,776 | +0.3% |
| 1979 | 1,753 | -1.3% |
| 1980 | 1,734 | -1.1% |
| 1981 | 1,728 | -0.3% |
| 1982 | 1,721 | -0.4% |
| 1983 | 1,711 | -0.6% |
| 1984 | 1,707 | -0.2% |
| 1985 | 1,701 | -0.3% |
| 1986 | 1,685 | -0.9% |
| 1987 | 1,692 | +0.4% |
| 1988 | 1,696 | +0.2% |
| 1989 | 1,696 | +0.0% |
| 1990 | 1,673 | -1.3% |
| 1991 | 1,654 | -1.1% |
| 1992 | 1,654 | -0.1% |
| 1993 | 1,653 | -0.0% |
| 1994 | 1,673 | +1.2% |
| 1995 | 1,679 | +0.3% |
| 1996 | 1,677 | -0.1% |
| 1997 | 1,673 | -0.2% |
| 1998 | 1,663 | -0.6% |
| 1999 | 1,663 | -0.0% |
| 2000 | 1,652 | -0.7% |
| 2001 | 1,638 | -0.9% |
| 2002 | 1,630 | -0.4% |
| 2003 | 1,624 | -0.4% |
| 2004 | 1,626 | +0.1% |
| 2005 | 1,615 | -0.6% |
| 2006 | 1,610 | -0.3% |
| 2007 | 1,607 | -0.2% |
| 2008 | 1,603 | -0.3% |
| 2009 | 1,582 | -1.3% |
| 2010 | 1,588 | +0.4% |
| 2011 | 1,580 | -0.5% |
| 2012 | 1,568 | -0.7% |
| 2013 | 1,560 | -0.5% |
| 2014 | 1,556 | -0.3% |
| 2015 | 1,555 | -0.1% |
| 2016 | 1,555 | -0.0% |
| 2017 | 1,548 | -0.4% |
| 2018 | 1,547 | -0.1% |
| 2019 | 1,536 | -0.7% |
| 2020 | 1,529 | -0.5% |
| 2021 | 1,527 | -0.1% |
| 2022 | 1,513 | -0.9% |
| 2023 | 1,497 | -1.0% |
Finland compared with similar countries
- Finland's 1,497 is below the median for high income countries, which is 1,685, 89% of the median. (50 countries reporting)
- Finland's 1,497 is below the median for Europe & Central Asia, which is 1,741, 86% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1,994 | 1,991 | 1,996 | 10 |
| 1960s | 1,984 | 1,936 | 2,011 | 10 |
| 1970s | 1,824 | 1,753 | 1,921 | 10 |
| 1980s | 1,707 | 1,685 | 1,734 | 10 |
| 1990s | 1,666 | 1,653 | 1,679 | 10 |
| 2000s | 1,619 | 1,582 | 1,652 | 10 |
| 2010s | 1,559 | 1,536 | 1,588 | 10 |
| 2020s | 1,516 | 1,497 | 1,529 | 4 |
Countries ranked near Finland
- 115 Switzerland 1,529 compare
- 116 United Kingdom 1,523 compare
- 117 Mozambique 1,507 compare
- 119 France 1,487 compare
- 120 Uruguay 1,481 compare
- 121 Luxembourg 1,452 compare
More economy & growth data for Finland
- Real gdp growth, annual growth rate 129.09 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 3.08 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 856.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.84 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 625.6 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.01 % change on previous year (2025)
Frequently asked questions
- What is productivity vs annual hours worked in Finland?
- Productivity vs annual hours worked in Finland was 1,497 in 2023, according to Our World in Data.
- What is the highest productivity vs annual hours worked recorded in Finland?
- The highest recorded value was 2,011 in 1964.
- What is the lowest productivity vs annual hours worked recorded in Finland?
- The lowest recorded value was 1,497 in 2023.
- How does Finland rank for productivity vs annual hours worked?
- Finland ranks 118th out of 129 countries with data for 2023.
- Is productivity vs annual hours worked rising or falling in Finland?
- Over the last ten years it is down 4.1%. The long-run trend across the full record is falling.
- Where does this Finland data come from?
- The figures come from Our World in Data, published as part of Productivity vs annual hours worked. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 74 observations, free to reuse under CC BY 4.0 (Our World in Data).