Iceland vs Malaysia: Total factor productivity
Iceland
1.04
in 2023
Malaysia
1.04
in 2023
Iceland rank
14th
Malaysia rank
15th
Total factor productivity over time
- Iceland
- Malaysia
How they compare
Iceland currently reports 1.04 against 1.04 in Malaysia, a difference of 0.
The two have swapped places 1 time across 65 shared years of data; in 1959 it was Malaysia ahead.
Iceland ranks 14th and Malaysia ranks 15th of 120 countries.
Malaysia has averaged higher in every one of the 8 decades both report.
Head to head by decade
| Decade | Iceland | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 1950s | 0.5633 | 1.35 | 0.7842 | Malaysia |
| 1960s | 0.6065 | 1.49 | 0.8882 | Malaysia |
| 1970s | 0.7311 | 1.62 | 0.8936 | Malaysia |
| 1980s | 0.8228 | 1.23 | 0.4073 | Malaysia |
| 1990s | 0.8203 | 1.08 | 0.2578 | Malaysia |
| 2000s | 0.8864 | 1.04 | 0.1527 | Malaysia |
| 2010s | 0.9617 | 1.04 | 0.0745 | Malaysia |
| 2020s | 1.01 | 1.02 | 0.0122 | Malaysia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total factor productivity, Iceland or Malaysia?
- Iceland, at 1.04 against 1.04 in Malaysia as of 2023.
- What is the difference in total factor productivity between Iceland and Malaysia?
- 0, with Iceland ahead.
- How many years of comparable data are there for Iceland and Malaysia?
- 65 years are reported by both, from 1959 to 2023.
- How do Iceland and Malaysia rank globally for total factor productivity?
- Iceland ranks 14th and Malaysia ranks 15th 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.