Barbados vs Venezuela: Total factor productivity
Barbados
1.18
in 2023
Venezuela
2.95
in 2014
Barbados rank
4th
Venezuela rank
1st
Total factor productivity over time
- Barbados
- Venezuela
How they compare
Venezuela currently reports 2.95 against 1.18 in Barbados, a difference of 1.77.
That makes Venezuela's figure about 2.5 times Barbados's.
Across all 51 years both countries report, Venezuela has been ahead every year.
Barbados ranks 4th and Venezuela ranks 1st of 120 countries.
Venezuela has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Barbados | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1.06 | 6.89 | 5.83 | Venezuela |
| 1970s | 1.34 | 6.42 | 5.08 | Venezuela |
| 1980s | 1.35 | 3.99 | 2.64 | Venezuela |
| 1990s | 1.13 | 3.6 | 2.47 | Venezuela |
| 2000s | 1.08 | 3.12 | 2.04 | Venezuela |
| 2010s | 1.2 | 3.07 | 1.87 | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total factor productivity, Barbados or Venezuela?
- Venezuela, at 2.95 against 1.18 in Barbados as of 2014.
- What is the difference in total factor productivity between Barbados and Venezuela?
- 1.77, with Venezuela ahead.
- How many years of comparable data are there for Barbados and Venezuela?
- 51 years are reported by both, from 1964 to 2014.
- How do Barbados and Venezuela rank globally for total factor productivity?
- Barbados ranks 4th and Venezuela ranks 1st of 120 countries.
- Where does this data come from?
- Our World in Data, published as Total factor productivity. Statizoid refreshes it automatically from the source and publishes the full history for both places.