Armenia vs Barbados: Total factor productivity

Armenia
1.11
in 2023
Barbados
1.18
in 2023
Armenia rank
5th
Barbados rank
4th

Total factor productivity over time

  • Armenia
  • Barbados
0.250.50.7511.21.5196419932023

How they compare

Barbados currently reports 1.18 against 1.11 in Armenia, a difference of 0.07.

That makes Barbados's figure about 1.1 times Armenia's.

Across all 30 years both countries report, Barbados has been ahead every year.

Armenia ranks 5th and Barbados ranks 4th of 120 countries.

Barbados has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Armenia Barbados Difference Ahead
1990s 0.3035 1.09 0.7876 Barbados
2000s 0.6791 1.08 0.4004 Barbados
2010s 0.9011 1.17 0.2692 Barbados
2020s 1.05 1.09 0.039 Barbados

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total factor productivity, Armenia or Barbados?
Barbados, at 1.18 against 1.11 in Armenia as of 2023.
What is the difference in total factor productivity between Armenia and Barbados?
0.07, with Barbados ahead.
How many years of comparable data are there for Armenia and Barbados?
30 years are reported by both, from 1994 to 2023.
How do Armenia and Barbados rank globally for total factor productivity?
Armenia ranks 5th and Barbados ranks 4th of 120 countries.
Where does this data come from?
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as Total factor productivity. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Total factor productivity
Source
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 6,892 data points, 1954–2023
Last refreshed

This is the level of total factor productivity, relative to each country's value in 2021 (which is set to 1). This data is adjusted for inflation and differences in living costs between countries.