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Another featured article in BusinessWorld issued on April 19, 2018 refers to labor productivity, one of the indicators used to measure an economy’s strength or the efficiency of a country’s labor force. Labor productivity is measured in terms of the ratio of a country’s GDP to the total employed (output-per-employed). The infographic compares the Philippines against its Asian neighbors in terms of average labor productivity over a 10-year period (2008 – 2017) using 2011 international dollar (PPP).

Among the ASEAN member nations, the Philippines ranked 6th with an average labor productivity of $15,463. Brunei and Singapore topped the list with much higher average labor productivity amounting to $169,571 and $137,943 respectively, followed by Malaysia with $52,133, Thailand with $24,750 and Indonesia with $20,831. The rest of the ASEAN members are also shown in the infographic. (Source: World Bank: World Development Indicators; BusinessWorld Graphics)

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