Productivity vs. educational attainment in Australia

Australia: Productivity vs. educational attainment was 76.78 international-$ in 2021 prices per hour in 2023. ▲ Rising

Latest (2023)
76.78 international-$ in 2021 prices per hour
Change on year
down 0.5%
World rank
13th
of 130 countries
All-time high
77.17 international-$ in 2021 prices per hour
in 2022
All-time low
17.15 international-$ in 2021 prices per hour
in 1952
Years of data
74
1950–2023

Productivity vs. educational attainment in Australia, 1950–2023

20406080195019862023

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices per hour.

Analysis

Australia recorded 76.78 international-$ in 2021 prices per hour for productivity vs. educational attainment in 2023.

That represents a change of down 0.5% on the previous year and up 10.6% over ten years.

Over the whole period, productivity vs. educational attainment in Australia peaked at 77.17 international-$ in 2021 prices per hour in 2022 and was at its lowest, 17.15 international-$ in 2021 prices per hour, in 1952.

That places Australia 13th out of 130 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 74 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1950s 20.31 international-$ in 2021 prices per hour 17.15 international-$ in 2021 prices per hour 24.29 international-$ in 2021 prices per hour 10
1960s 27.17 international-$ in 2021 prices per hour 24.14 international-$ in 2021 prices per hour 31.01 international-$ in 2021 prices per hour 10
1970s 32.69 international-$ in 2021 prices per hour 31.11 international-$ in 2021 prices per hour 35.08 international-$ in 2021 prices per hour 10
1980s 38.63 international-$ in 2021 prices per hour 35.26 international-$ in 2021 prices per hour 41.34 international-$ in 2021 prices per hour 10
1990s 46.23 international-$ in 2021 prices per hour 40.51 international-$ in 2021 prices per hour 52.55 international-$ in 2021 prices per hour 10
2000s 57.72 international-$ in 2021 prices per hour 52.59 international-$ in 2021 prices per hour 60.98 international-$ in 2021 prices per hour 10
2010s 68.57 international-$ in 2021 prices per hour 64.94 international-$ in 2021 prices per hour 71.47 international-$ in 2021 prices per hour 10
2020s 76.41 international-$ in 2021 prices per hour 74.89 international-$ in 2021 prices per hour 77.17 international-$ in 2021 prices per hour 4

Countries ranked near Australia

  1. 10 Germany 82.5 international-$ in 2021 prices per hour compare
  2. 11 Sweden 80.74 international-$ in 2021 prices per hour compare
  3. 12 France 77.67 international-$ in 2021 prices per hour compare
  4. 14 Iceland 75.65 international-$ in 2021 prices per hour compare
  5. 15 Finland 69.63 international-$ in 2021 prices per hour compare
  6. 16 Qatar 69.42 international-$ in 2021 prices per hour compare

See the full ranking of 130 places →

More education data for Australia

All data for Australia →

Frequently asked questions

What is productivity vs. educational attainment in Australia?
Productivity vs. educational attainment in Australia was 76.78 international-$ in 2021 prices per hour in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
What is the highest productivity vs. educational attainment recorded in Australia?
The highest recorded value was 77.17 international-$ in 2021 prices per hour in 2022.
What is the lowest productivity vs. educational attainment recorded in Australia?
The lowest recorded value was 17.15 international-$ in 2021 prices per hour in 1952.
How does Australia rank for productivity vs. educational attainment?
Australia ranks 13th out of 130 countries with data for 2023.
Is productivity vs. educational attainment rising or falling in Australia?
Over the last ten years it is up 10.6%. The long-run trend across the full record is rising.
Where does this Australia data come from?
The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Productivity vs. educational attainment. 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).

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.