Productivity vs. educational attainment in Finland

Finland: Productivity vs. educational attainment was 69.63 international-$ in 2021 prices per hour in 2023. ◆ Volatile

Latest (2023)
69.63 international-$ in 2021 prices per hour
Change on year
down 1.2%
World rank
15th
of 130 countries
All-time high
72.21 international-$ in 2021 prices per hour
in 2021
All-time low
6.79 international-$ in 2021 prices per hour
in 1950
Years of data
74
1950–2023

Productivity vs. educational attainment in Finland, 1950–2023

020406080195019862023

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

The most recent figure for productivity vs. educational attainment in Finland is 69.63 international-$ in 2021 prices per hour, measured in 2023.

Compared with earlier readings it is down 1.2% on the previous year and up 10.4% over ten years.

Over the whole period, productivity vs. educational attainment in Finland peaked at 72.21 international-$ in 2021 prices per hour in 2021 and was at its lowest, 6.79 international-$ in 2021 prices per hour, in 1950.

That places Finland 15th out of 130 countries with data for 2023, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Productivity vs. educational attainment in Finland, year by year

Annual values for Productivity vs. educational attainment in Finland, 1950 to 2023.
Year international-$ in 2021 prices per hour Change
1950 6.79 international-$ in 2021 prices per hour
1951 7.63 international-$ in 2021 prices per hour +12.4%
1952 7.79 international-$ in 2021 prices per hour +2.1%
1953 7.71 international-$ in 2021 prices per hour -1.0%
1954 8.51 international-$ in 2021 prices per hour +10.4%
1955 9.18 international-$ in 2021 prices per hour +7.8%
1956 9.33 international-$ in 2021 prices per hour +1.6%
1957 9.4 international-$ in 2021 prices per hour +0.8%
1958 9.43 international-$ in 2021 prices per hour +0.3%
1959 10.15 international-$ in 2021 prices per hour +7.7%
1960 11.17 international-$ in 2021 prices per hour +10.0%
1961 12.05 international-$ in 2021 prices per hour +7.9%
1962 12.4 international-$ in 2021 prices per hour +2.9%
1963 12.51 international-$ in 2021 prices per hour +0.9%
1964 12.75 international-$ in 2021 prices per hour +1.9%
1965 13.37 international-$ in 2021 prices per hour +4.9%
1966 13.93 international-$ in 2021 prices per hour +4.2%
1967 14.75 international-$ in 2021 prices per hour +5.9%
1968 15.88 international-$ in 2021 prices per hour +7.6%
1969 17.37 international-$ in 2021 prices per hour +9.4%
1970 18.43 international-$ in 2021 prices per hour +6.1%
1971 19.27 international-$ in 2021 prices per hour +4.5%
1972 20.57 international-$ in 2021 prices per hour +6.8%
1973 21.76 international-$ in 2021 prices per hour +5.8%
1974 22.51 international-$ in 2021 prices per hour +3.4%
1975 22.84 international-$ in 2021 prices per hour +1.5%
1976 23.17 international-$ in 2021 prices per hour +1.4%
1977 23.89 international-$ in 2021 prices per hour +3.1%
1978 25.09 international-$ in 2021 prices per hour +5.0%
1979 26.74 international-$ in 2021 prices per hour +6.6%
1980 27.81 international-$ in 2021 prices per hour +4.0%
1981 27.9 international-$ in 2021 prices per hour +0.3%
1982 28.11 international-$ in 2021 prices per hour +0.8%
1983 28.75 international-$ in 2021 prices per hour +2.3%
1984 29.48 international-$ in 2021 prices per hour +2.5%
1985 29.7 international-$ in 2021 prices per hour +0.7%
1986 32.08 international-$ in 2021 prices per hour +8.0%
1987 33.22 international-$ in 2021 prices per hour +3.6%
1988 35.59 international-$ in 2021 prices per hour +7.1%
1989 36.6 international-$ in 2021 prices per hour +2.9%
1990 37.36 international-$ in 2021 prices per hour +2.1%
1991 36.76 international-$ in 2021 prices per hour -1.6%
1992 38.05 international-$ in 2021 prices per hour +3.5%
1993 40.3 international-$ in 2021 prices per hour +5.9%
1994 43.18 international-$ in 2021 prices per hour +7.1%
1995 47.18 international-$ in 2021 prices per hour +9.3%
1996 46.4 international-$ in 2021 prices per hour -1.6%
1997 48.94 international-$ in 2021 prices per hour +5.5%
1998 51.99 international-$ in 2021 prices per hour +6.2%
1999 53.48 international-$ in 2021 prices per hour +2.9%
2000 55.38 international-$ in 2021 prices per hour +3.6%
2001 55.85 international-$ in 2021 prices per hour +0.8%
2002 55.76 international-$ in 2021 prices per hour -0.2%
2003 56.08 international-$ in 2021 prices per hour +0.6%
2004 58.54 international-$ in 2021 prices per hour +4.4%
2005 60.61 international-$ in 2021 prices per hour +3.5%
2006 60.56 international-$ in 2021 prices per hour -0.1%
2007 64.31 international-$ in 2021 prices per hour +6.2%
2008 65.48 international-$ in 2021 prices per hour +1.8%
2009 62.86 international-$ in 2021 prices per hour -4.0%
2010 64.7 international-$ in 2021 prices per hour +2.9%
2011 66.4 international-$ in 2021 prices per hour +2.6%
2012 65.64 international-$ in 2021 prices per hour -1.1%
2013 63.08 international-$ in 2021 prices per hour -3.9%
2014 63.71 international-$ in 2021 prices per hour +1.0%
2015 64.57 international-$ in 2021 prices per hour +1.4%
2016 65.82 international-$ in 2021 prices per hour +1.9%
2017 67.74 international-$ in 2021 prices per hour +2.9%
2018 66.7 international-$ in 2021 prices per hour -1.5%
2019 69.87 international-$ in 2021 prices per hour +4.7%
2020 71.65 international-$ in 2021 prices per hour +2.5%
2021 72.21 international-$ in 2021 prices per hour +0.8%
2022 70.5 international-$ in 2021 prices per hour -2.4%
2023 69.63 international-$ in 2021 prices per hour -1.2%

Finland compared with similar countries

  • Finland's 69.63 international-$ in 2021 prices per hour is above the median for high income countries, which is 51.52 international-$ in 2021 prices per hour, 1.4× the median. (51 countries reporting)
  • Finland's 69.63 international-$ in 2021 prices per hour is above the median for Europe & Central Asia, which is 46.15 international-$ in 2021 prices per hour, 1.5× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 8.59 international-$ in 2021 prices per hour 6.79 international-$ in 2021 prices per hour 10.15 international-$ in 2021 prices per hour 10
1960s 13.62 international-$ in 2021 prices per hour 11.17 international-$ in 2021 prices per hour 17.37 international-$ in 2021 prices per hour 10
1970s 22.43 international-$ in 2021 prices per hour 18.43 international-$ in 2021 prices per hour 26.74 international-$ in 2021 prices per hour 10
1980s 30.92 international-$ in 2021 prices per hour 27.81 international-$ in 2021 prices per hour 36.6 international-$ in 2021 prices per hour 10
1990s 44.36 international-$ in 2021 prices per hour 36.76 international-$ in 2021 prices per hour 53.48 international-$ in 2021 prices per hour 10
2000s 59.54 international-$ in 2021 prices per hour 55.38 international-$ in 2021 prices per hour 65.48 international-$ in 2021 prices per hour 10
2010s 65.82 international-$ in 2021 prices per hour 63.08 international-$ in 2021 prices per hour 69.87 international-$ in 2021 prices per hour 10
2020s 71 international-$ in 2021 prices per hour 69.63 international-$ in 2021 prices per hour 72.21 international-$ in 2021 prices per hour 4

Countries ranked near Finland

  1. 12 France 77.67 international-$ in 2021 prices per hour compare
  2. 13 Australia 76.78 international-$ in 2021 prices per hour compare
  3. 14 Iceland 75.65 international-$ in 2021 prices per hour compare
  4. 16 Qatar 69.42 international-$ in 2021 prices per hour compare
  5. 17 United Kingdom 68.03 international-$ in 2021 prices per hour compare
  6. 18 Italy 67.25 international-$ in 2021 prices per hour compare

See the full ranking of 130 places →

More education data for Finland

All data for Finland →

Frequently asked questions

What is productivity vs. educational attainment in Finland?
Productivity vs. educational attainment in Finland was 69.63 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 Finland?
The highest recorded value was 72.21 international-$ in 2021 prices per hour in 2021.
What is the lowest productivity vs. educational attainment recorded in Finland?
The lowest recorded value was 6.79 international-$ in 2021 prices per hour in 1950.
How does Finland rank for productivity vs. educational attainment?
Finland ranks 15th out of 130 countries with data for 2023.
Is productivity vs. educational attainment rising or falling in Finland?
Over the last ten years it is up 10.4%. The long-run trend across the full record is volatile.
Where does this Finland 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.

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Productivity vs. educational attainment in Finland. Statizoid, drawing on Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Retrieved 22 September 2026, from https://education.statizoid.com/stat/productivity-vs-educational-attainment/finland/

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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.