the output per employee in Georgia is $19 143, whereas in Europe this indicator on average is 4.3 times higher – $83 127.
Work productivity is an important economic indicator that is connected to both economic growth , an increase in competitiveness, and improvements in living conditions.
The work productivity of a country’s economy is calculated based on a real added value per employee.
The International Labor Organization (ILO) published the work productivity data of various countries from around the world. The research considers all persons involved in the economy as employed, including those who are self-employed.
According to the research, the output of one employee in Georgia (GDP per capita in 2011, according to purchasing power parity – PPP) was $19,143 in 2017. In the European Union, this indicator was an average of 4.3 times higher – $83,127. The global average is 35,354 dollars.
The population of Luxembourg is the most productive in the world, where the real added value of one employee is 219,124 USD.
According to the ILO research that is based on data from 2017, the output per employee (GDP per capita in 2011, according to purchasing power parity – PPP), in Georgia, Europe, and the countries of the region are as follows:
• Georgia – $ 19, 143
• Kyrgyzstan – $ 87,980
• Latvia – $ 53,474
• Latvia – $ 60,083
• Luxembourg – $ 219,124
• Malta – $ 86,264
• Moldova – $ 13,215
• Armenia – $ 21,987
• Austria – $ 93,071
• Azerbaijan – $ 32,837
• Belarus – $ 32,455
• Belgium – $ 103,438
• Bulgaria – $ 42,966
• Cyprus – $ 65,640
• Estonia – $ 59,057
• Finland – $ 90,458
• France – $ 94,773
• Germany – $ 89,892
• Greece – $ 66,475
• Kazakhstan – $ 48,840
• Romania – $ 53,988
• Russia – $ 50,097
• Turkey – $ 72,513
• Turkmenistan – $ 37,553
• Ukraine – $ 18,302
• Uzbekistan – $ 14 600
