Ecuador vs Venezuela, RB: Productivity vs. educational attainment

Ecuador
18.8 international-$ in 2021 prices per hour
in 2023
Venezuela, RB
18.44 international-$ in 2021 prices per hour
in 2014
Ecuador rank
77th
Venezuela, RB rank
79th

Productivity vs. educational attainment over time

  • Ecuador
  • Venezuela, RB
1015202530195019862023

How they compare

Ecuador currently reports 18.8 international-$ in 2021 prices per hour against 18.44 international-$ in 2021 prices per hour in Venezuela, RB, a difference of 0.36 international-$ in 2021 prices per hour.

Across all 20 years both countries report, Venezuela, RB has been ahead every year.

Ecuador ranks 77th and Venezuela, RB ranks 79th of 130 countries.

Venezuela, RB has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Ecuador Venezuela, RB Difference Ahead
1990s 8.63 international-$ in 2021 prices per hour 12.69 international-$ in 2021 prices per hour 4.05 international-$ in 2021 prices per hour Venezuela, RB
2000s 10.94 international-$ in 2021 prices per hour 17.41 international-$ in 2021 prices per hour 6.47 international-$ in 2021 prices per hour Venezuela, RB
2010s 16.36 international-$ in 2021 prices per hour 26.5 international-$ in 2021 prices per hour 10.14 international-$ in 2021 prices per hour Venezuela, RB

Averages of every year both report within each decade.

Frequently asked questions

Which has higher productivity vs. educational attainment, Ecuador or Venezuela, RB?
Ecuador, at 18.8 international-$ in 2021 prices per hour against 18.44 international-$ in 2021 prices per hour in Venezuela, RB as of 2023.
What is the difference in productivity vs. educational attainment between Ecuador and Venezuela, RB?
0.36 international-$ in 2021 prices per hour, with Ecuador ahead.
How many years of comparable data are there for Ecuador and Venezuela, RB?
20 years are reported by both, from 1995 to 2014.
How do Ecuador and Venezuela, RB rank globally for productivity vs. educational attainment?
Ecuador ranks 77th and Venezuela, RB ranks 79th of 130 countries.
Where does this data come from?
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as Productivity vs. educational attainment. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Productivity vs. educational attainment
Unit
international-$ in 2021 prices per hour
Source
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
130 places, 4,965 data points, 1950–2023
Last refreshed

Productivity is calculated as GDP divided by the total number of hours worked in the economy. This data is adjusted for inflation and differences in living costs between countries.