Tuesday, July 30, 2013

France and Productivity

Nationmaster ranks France #18 in terms of GDP per capita, at $36,500, yet French labor works much less than most developed nations.They achieve their high standard of living while working 16% less hours than the average world citizen, and almost 25% than their Asian peers.

Thus, if one were to divide France's GDP per capita by actual hours worked, you'd probably find that the French are achieving some of the highest returns on work-hours invested.