Greece vs Iceland: Total factor productivity

Greece
1.04
in 2023
Iceland
1.04
in 2023
Greece rank
16th
Iceland rank
14th

Total factor productivity over time

  • Greece
  • Iceland
00.511.5195419882023

How they compare

Iceland currently reports 1.04 against 1.04 in Greece, a difference of 0.0011.

The two have swapped places 5 times across 69 shared years of data; in 1955 it was Greece ahead.

Greece ranks 16th and Iceland ranks 14th of 120 countries.

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.