Japan 2024 labor productivity 28th among 38 OECD members, lowest in G7

Japan ranked 28th in labor productivity among the 38 OECD members in 2024, remaining the lowest among the Group of Seven advanced economies, amid a worker shortage and a weak yen, a Tokyo-based group said.

Measured by the value of goods and services produced per worker per hour, Japan's labor productivity stood at $60.1, compared with the OECD average of $79.4. Japan has seen a growing share of non-regular employees, while its purchasing power for energy and raw material imports has eroded due to the yen's sharp depreciation, according to the Japan Productivity Center.

by SkyInJapan

8 comments
  1. You mean staying late at work and saying ganbare and otsukaresama all the time does not contribute to productivity? 

  2. Lol. My company in a nutshell.

    It literally takes us four people and a week to make a decision our local competitors can do instantly and on location.

    Only thing that soothes is when telling this to an Indian client, he replied, “Oh don’t worry, I’m from India, we invented pointless and confusing redundant bureaucracy”

  3. Wait are you saying faxing stuff, using excel spreadsheets, hankos, and having pointless meetings until 10pm isn’t productive? *Gasp* Who would have thunk it!

  4. Can confirm. Workers at my company are in the office 11-12 hours every day and do about 6 hours of work. But, no one dares to go home after and 8-hour day.

  5. Just sleep 3 hours a night and put the rest into work, work, working for the country, that will surely pay off.

  6. >There needs to be wider use of artificial intelligence

    Oh fuck off. Japan needs a lot of things but it does not need AI slop.

  7. That metric is flawed as it favors countries with lower corporate tax rates so Ireland is #1 as it has a very low corporate tax rate attracting big business.

  8. JP people on the net always insist/rant against stats like this(GDP, productivity, gender equality and so on). The way to measure is inappropriate, brah, brah, brah.

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