The gross domestic product (GDP) per worker is the measure of a country’s labor productivity. It focuses on the efficiency of the labor input and its relationship with other factors of production. On the other hand, labor input is defined as the total number of hours worked by all individuals engaged in the process of production. As a concept, labor input has close relationships with the intensity of the effort and the personal capacities (GDP per hour worked). Figure 1 represents the GDP per hour worked for the G7 countries, including Japan, Canada, Italy, UK, Germany, France, and the US. The comparison is made between 2011 and 2012.
Several deductions can be made from the graph. The GDP per hour worked in 2012 was higher than in 2011 for all the G7 countries. The US recorded the highest GDP per hour worked, followed by France, Germany, the UK, Italy, and Canada. It, therefore, shows that the labor input per hour in the US is higher than in all the other G7 countries. As such, this explains the huge GDP that the US enjoys relative to the rest of the countries. The second graph highlights the GDP per worker among the G7 countries. For Germany, Italy, and France, the 2011 GDP per worker was higher than in 2012.
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For the UK, the 2012 measure was higher than in 2011. For Canada and the US, no change was observed. It is therefore imperative to note that in most of the cases, the GDP per worker among the G7 countries has been experiencing a deep. The GDP per worker shows the overall labor input of the workers in the country. The two groups depicted have a significant correlation. The higher the GDP per hour worked signifies a greater overall GDP per worker.
Reference
GDP per hour worked https://data.oecd.org/lprdty/gdp-per-hour-worked.htm
