Austria vs Latvia: Total factor productivity
Austria
1
in 2023
Latvia
1
in 2023
Austria rank
43rd
Latvia rank
41st
Total factor productivity over time
- Austria
- Latvia
How they compare
Latvia currently reports 1 against 1 in Austria, a difference of 0.
The two have swapped places 3 times across 30 shared years of data; in 1994 it was Austria ahead.
Austria ranks 43rd and Latvia ranks 41st of 120 countries.
Austria has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Austria | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.9758 | 0.5462 | 0.4296 | Austria |
| 2000s | 1.02 | 0.7623 | 0.2536 | Austria |
| 2010s | 1.02 | 0.8927 | 0.1248 | Austria |
| 2020s | 1.01 | 0.987 | 0.0185 | Austria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total factor productivity, Austria or Latvia?
- Latvia, at 1 against 1 in Austria as of 2023.
- What is the difference in total factor productivity between Austria and Latvia?
- 0, with Latvia ahead.
- How many years of comparable data are there for Austria and Latvia?
- 30 years are reported by both, from 1994 to 2023.
- How do Austria and Latvia rank globally for total factor productivity?
- Austria ranks 43rd and Latvia ranks 41st 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
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.