Qatar, Singapore Top List of Most Productive Countries in 2022 According to World Bank Data
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Productivity in a country is driven by factors like national policies, globalization, competitive business environment, and labor utilization.
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Luxembourg, Norway, and Ireland are among the countries with highest GDP per capita in 2022, implying high labor productivity.
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Multinational firms like PayPal, Amazon, and Skype have headquarters in Luxembourg, known for stable corporate tax policies.
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As per World Bank data, the top 5 most productive countries in 2022 by GDP per capita are Qatar, Singapore, United States, Denmark, and Iceland.
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The article analyzes productivity across 25 countries using GDP per capita as the metric, with data sourced from World Bank's 2022 statistics.