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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-ili
by Aloisius 3y ago
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/indicator/english_1439e590-en https://www.oecd-ilibrary.org/economics/gdp-per-hour-worked/...
Of course, efficiency can mean things beyond productivity.
- eqvinox 3y agoThe 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"?