Iceland vs Trinidad and Tobago: Total factor productivity

Iceland
1.04
in 2023
Trinidad and Tobago
1.05
in 2023
Iceland rank
14th
Trinidad and Tobago rank
11th

Total factor productivity over time

  • Iceland
  • Trinidad and Tobago
0.50.7511.21.51.8195419882023

How they compare

Trinidad and Tobago currently reports 1.05 against 1.04 in Iceland, a difference of 0.01.

Across all 70 years both countries report, Trinidad and Tobago has been ahead every year.

Iceland ranks 14th and Trinidad and Tobago ranks 11th of 120 countries.

Trinidad and Tobago has averaged higher in every one of the 8 decades both report.

Head to head by decade

Decade Iceland Trinidad and Tobago Difference Ahead
1950s 0.5353 1.01 0.4731 Trinidad and Tobago
1960s 0.6065 1.3 0.6977 Trinidad and Tobago
1970s 0.7311 1.34 0.6108 Trinidad and Tobago
1980s 0.8228 1.1 0.2788 Trinidad and Tobago
1990s 0.8203 0.9585 0.1382 Trinidad and Tobago
2000s 0.8864 1.4 0.5123 Trinidad and Tobago
2010s 0.9617 1.35 0.3867 Trinidad and Tobago
2020s 1.01 1.02 0.0138 Trinidad and Tobago

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total factor productivity, Iceland or Trinidad and Tobago?
Trinidad and Tobago, at 1.05 against 1.04 in Iceland as of 2023.
What is the difference in total factor productivity between Iceland and Trinidad and Tobago?
0.01, with Trinidad and Tobago ahead.
How many years of comparable data are there for Iceland and Trinidad and Tobago?
70 years are reported by both, from 1954 to 2023.
How do Iceland and Trinidad and Tobago rank globally for total factor productivity?
Iceland ranks 14th and Trinidad and Tobago ranks 11th 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.

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Iceland vs Trinidad and Tobago: Total factor productivity. Statizoid, drawing on Our World in Data. Retrieved 23 August 2026, from https://economy.statizoid.com/compare/total-factor-productivity/iceland/trinidad-and-tobago/

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About this data

Indicator
Total factor productivity
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 6,892 data points, 1954–2023
Last refreshed