Finland vs Sweden: Total factor productivity
Finland
0.9657
in 2023
Sweden
0.966
in 2023
Finland rank
97th
Sweden rank
96th
Total factor productivity over time
- Finland
- Sweden
How they compare
Sweden currently reports 0.966 against 0.9657 in Finland, a difference of 0.0003.
The two have swapped places 4 times across 70 shared years of data; in 1954 it was Sweden ahead.
Finland ranks 97th and Sweden ranks 96th of 120 countries.
Across the 8 decades both report, Finland averaged higher in 4 and Sweden in 4.
Head to head by decade
| Decade | Finland | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1950s | 0.4889 | 0.5901 | 0.1012 | Sweden |
| 1960s | 0.5633 | 0.6841 | 0.1208 | Sweden |
| 1970s | 0.6993 | 0.8076 | 0.1084 | Sweden |
| 1980s | 0.802 | 0.82 | 0.0181 | Sweden |
| 1990s | 0.9069 | 0.8323 | 0.0745 | Finland |
| 2000s | 1.06 | 0.9445 | 0.1144 | Finland |
| 2010s | 1.02 | 0.9662 | 0.0546 | Finland |
| 2020s | 0.9871 | 0.9808 | 0.0063 | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total factor productivity, Finland or Sweden?
- Sweden, at 0.966 against 0.9657 in Finland as of 2023.
- What is the difference in total factor productivity between Finland and Sweden?
- 0.0003, with Sweden ahead.
- How many years of comparable data are there for Finland and Sweden?
- 70 years are reported by both, from 1954 to 2023.
- How do Finland and Sweden rank globally for total factor productivity?
- Finland ranks 97th and Sweden ranks 96th 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.