Productivity vs. educational attainment in Greece

Greece: Productivity vs. educational attainment was 37.66 international-$ in 2021 prices per hour in 2023. ◆ Volatile

Latest (2023)
37.66 international-$ in 2021 prices per hour
Change on year
up 1.8%
World rank
49th
of 130 countries
All-time high
39.88 international-$ in 2021 prices per hour
in 2010
All-time low
3.82 international-$ in 2021 prices per hour
in 1952
Years of data
73
1951–2023

Productivity vs. educational attainment in Greece, 1951–2023

010203040195119872023

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

Greece recorded 37.66 international-$ in 2021 prices per hour for productivity vs. educational attainment in 2023.

That represents a change of up 1.8% on the previous year and up 8.3% over ten years.

Over the whole period, productivity vs. educational attainment in Greece peaked at 39.88 international-$ in 2021 prices per hour in 2010 and was at its lowest, 3.82 international-$ in 2021 prices per hour, in 1952.

Greece ranks 49th of 130 countries on this measure, in the middle of the range.

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

Productivity vs. educational attainment in Greece, year by year

Annual values for Productivity vs. educational attainment in Greece, 1951 to 2023.
Year international-$ in 2021 prices per hour Change
1951 3.92 international-$ in 2021 prices per hour
1952 3.82 international-$ in 2021 prices per hour -2.6%
1953 4.29 international-$ in 2021 prices per hour +12.5%
1954 4.39 international-$ in 2021 prices per hour +2.1%
1955 4.66 international-$ in 2021 prices per hour +6.2%
1956 5.05 international-$ in 2021 prices per hour +8.3%
1957 5.43 international-$ in 2021 prices per hour +7.6%
1958 5.66 international-$ in 2021 prices per hour +4.4%
1959 5.89 international-$ in 2021 prices per hour +4.0%
1960 5.99 international-$ in 2021 prices per hour +1.7%
1961 6.8 international-$ in 2021 prices per hour +13.5%
1962 6.81 international-$ in 2021 prices per hour +0.1%
1963 7.81 international-$ in 2021 prices per hour +14.7%
1964 8.54 international-$ in 2021 prices per hour +9.3%
1965 9.57 international-$ in 2021 prices per hour +12.0%
1966 10.46 international-$ in 2021 prices per hour +9.3%
1967 11.17 international-$ in 2021 prices per hour +6.8%
1968 12.11 international-$ in 2021 prices per hour +8.5%
1969 13.57 international-$ in 2021 prices per hour +12.1%
1970 15.14 international-$ in 2021 prices per hour +11.6%
1971 16.27 international-$ in 2021 prices per hour +7.5%
1972 17.78 international-$ in 2021 prices per hour +9.3%
1973 18.91 international-$ in 2021 prices per hour +6.4%
1974 17.77 international-$ in 2021 prices per hour -6.1%
1975 18.81 international-$ in 2021 prices per hour +5.9%
1976 19.73 international-$ in 2021 prices per hour +4.9%
1977 20.01 international-$ in 2021 prices per hour +1.4%
1978 21.36 international-$ in 2021 prices per hour +6.7%
1979 21.61 international-$ in 2021 prices per hour +1.2%
1980 21.59 international-$ in 2021 prices per hour -0.1%
1981 20.48 international-$ in 2021 prices per hour -5.2%
1982 20.06 international-$ in 2021 prices per hour -2.0%
1983 19.7 international-$ in 2021 prices per hour -1.8%
1984 20.88 international-$ in 2021 prices per hour +6.0%
1985 20.86 international-$ in 2021 prices per hour -0.1%
1986 21.71 international-$ in 2021 prices per hour +4.1%
1987 22.03 international-$ in 2021 prices per hour +1.5%
1988 23.26 international-$ in 2021 prices per hour +5.6%
1989 23.98 international-$ in 2021 prices per hour +3.1%
1990 24.41 international-$ in 2021 prices per hour +1.8%
1991 26.29 international-$ in 2021 prices per hour +7.7%
1992 26.12 international-$ in 2021 prices per hour -0.6%
1993 26.39 international-$ in 2021 prices per hour +1.0%
1994 27.8 international-$ in 2021 prices per hour +5.3%
1995 28.89 international-$ in 2021 prices per hour +3.9%
1996 29.56 international-$ in 2021 prices per hour +2.3%
1997 32.09 international-$ in 2021 prices per hour +8.5%
1998 31.93 international-$ in 2021 prices per hour -0.5%
1999 32.56 international-$ in 2021 prices per hour +2.0%
2000 34.14 international-$ in 2021 prices per hour +4.8%
2001 36.4 international-$ in 2021 prices per hour +6.6%
2002 38.02 international-$ in 2021 prices per hour +4.5%
2003 36.92 international-$ in 2021 prices per hour -2.9%
2004 37.68 international-$ in 2021 prices per hour +2.1%
2005 35.8 international-$ in 2021 prices per hour -5.0%
2006 38.03 international-$ in 2021 prices per hour +6.2%
2007 38.44 international-$ in 2021 prices per hour +1.1%
2008 39.81 international-$ in 2021 prices per hour +3.6%
2009 39.7 international-$ in 2021 prices per hour -0.3%
2010 39.88 international-$ in 2021 prices per hour +0.5%
2011 36.3 international-$ in 2021 prices per hour -9.0%
2012 34.94 international-$ in 2021 prices per hour -3.8%
2013 34.79 international-$ in 2021 prices per hour -0.4%
2014 34.23 international-$ in 2021 prices per hour -1.6%
2015 35.89 international-$ in 2021 prices per hour +4.9%
2016 34.11 international-$ in 2021 prices per hour -5.0%
2017 34.76 international-$ in 2021 prices per hour +1.9%
2018 32.84 international-$ in 2021 prices per hour -5.5%
2019 35.22 international-$ in 2021 prices per hour +7.2%
2020 35.6 international-$ in 2021 prices per hour +1.1%
2021 35.34 international-$ in 2021 prices per hour -0.7%
2022 37.01 international-$ in 2021 prices per hour +4.7%
2023 37.66 international-$ in 2021 prices per hour +1.8%

Greece compared with similar countries

  • Greece's 37.66 international-$ in 2021 prices per hour is below the median for high income countries, which is 51.52 international-$ in 2021 prices per hour, 73% of the median. (51 countries reporting)
  • Greece's 37.66 international-$ in 2021 prices per hour is below the median for Europe & Central Asia, which is 46.15 international-$ in 2021 prices per hour, 82% of the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 4.79 international-$ in 2021 prices per hour 3.82 international-$ in 2021 prices per hour 5.89 international-$ in 2021 prices per hour 9
1960s 9.28 international-$ in 2021 prices per hour 5.99 international-$ in 2021 prices per hour 13.57 international-$ in 2021 prices per hour 10
1970s 18.74 international-$ in 2021 prices per hour 15.14 international-$ in 2021 prices per hour 21.61 international-$ in 2021 prices per hour 10
1980s 21.45 international-$ in 2021 prices per hour 19.7 international-$ in 2021 prices per hour 23.98 international-$ in 2021 prices per hour 10
1990s 28.61 international-$ in 2021 prices per hour 24.41 international-$ in 2021 prices per hour 32.56 international-$ in 2021 prices per hour 10
2000s 37.49 international-$ in 2021 prices per hour 34.14 international-$ in 2021 prices per hour 39.81 international-$ in 2021 prices per hour 10
2010s 35.3 international-$ in 2021 prices per hour 32.84 international-$ in 2021 prices per hour 39.88 international-$ in 2021 prices per hour 10
2020s 36.4 international-$ in 2021 prices per hour 35.34 international-$ in 2021 prices per hour 37.66 international-$ in 2021 prices per hour 4

Countries ranked near Greece

  1. 46 Croatia 41.56 international-$ in 2021 prices per hour compare
  2. 47 Bosnia and Herzegovina 39.94 international-$ in 2021 prices per hour compare
  3. 48 Uruguay 38.73 international-$ in 2021 prices per hour compare
  4. 50 Kazakhstan 37.57 international-$ in 2021 prices per hour compare
  5. 51 Kuwait 37.38 international-$ in 2021 prices per hour compare
  6. 52 Bulgaria 37.25 international-$ in 2021 prices per hour compare

See the full ranking of 130 places →

More education data for Greece

All data for Greece →

Frequently asked questions

What is productivity vs. educational attainment in Greece?
Productivity vs. educational attainment in Greece was 37.66 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 Greece?
The highest recorded value was 39.88 international-$ in 2021 prices per hour in 2010.
What is the lowest productivity vs. educational attainment recorded in Greece?
The lowest recorded value was 3.82 international-$ in 2021 prices per hour in 1952.
How does Greece rank for productivity vs. educational attainment?
Greece ranks 49th out of 130 countries with data for 2023.
Is productivity vs. educational attainment rising or falling in Greece?
Over the last ten years it is up 8.3%. The long-run trend across the full record is volatile.
Where does this Greece 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 — 73 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Productivity vs. educational attainment in Greece. 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/greece/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://education.statizoid.com/stat/productivity-vs-educational-attainment/greece/">Productivity vs. educational attainment in Greece</a> — Statizoid

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.