Labor Productivity Calculator

Enter the total value of the goods produced and the total labor hours put into producing those goods to determine the labor productivity.

Labor Productivity Formula

The following equation is used to calculate a labor productivity.

LP = GDP / LH

  • Where LP is the labor productivity
  • GDP is the value of the goods produced. When analyzing a country’s labor productivity this is the gross domestic product
  • LH is the total labor hours that led to the product of the goods.

Labor Productivity Definition

A labor productivity is a measure of the our efficiency or amount of value a specific segment can produce with a certain number of labor hours.

Labor Productivity Example


FAQ


labor productivity calculator
labor productivity formula