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GDP / (average annual labor hours * number of people working in some way)?

GDP is a pretty rough metric for efficiency, but it's among the better ones that are collected somewhat uniformly.

"average hours worked * number of people working" is an approximation of total of person-hours worked (approx. because both numbers are probably cleaned up a bit in incompatible ways)

The result would be the value a person in the country contributes to the GDP every hour (on average), which should serve as a reasonably proxy for efficiency.



No need to approximate anything ourselves, GDP per hour worked is a standard indicator of productivity. Germany is slightly behind the US.

https://www.oecd-ilibrary.org/economics/gdp-per-hour-worked/...

Of course, efficiency can mean things beyond productivity.


The fact that Ireland leads this one is a strong hint at this also being not very useful: it's distorted by shell corporations and the likes. Ireland is the tax haven of choice for the entire EU in terms of digital services.

Is there a "GDP of only the industrial sector"?




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