Total factor productivity by country
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.
What the numbers show
Total factor productivity is currently reported for 117 countries. The highest value is 2.95 in Venezuela; the lowest is 0.7604 in Ukraine.
The median across all reporting countries is 0.9938, and the mean is 1.01.
The gap between the highest and lowest reporting country is a factor of about 4.
Over the past decade 53 countries rose and 64 fell. The largest increase was in Tajikistan (up 75.7%), and the largest decrease in Macao (down 53.0%).
Total factor productivity: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Venezuela | 2.95 | 2014 | down 0.3% | falling |
| 2 | Macao | 1.37 | 2023 | down 53.0% | falling |
| 3 | Fiji | 1.21 | 2023 | down 0.4% | falling |
| 4 | Barbados | 1.18 | 2023 | down 0.5% | falling |
| 5 | Armenia | 1.11 | 2023 | up 33.6% | rising |
| 6 | Tajikistan | 1.11 | 2023 | up 75.7% | volatile |
| 7 | Zambia | 1.06 | 2023 | down 17.4% | rising |
| 8 | Iran | 1.06 | 2023 | up 13.0% | volatile |
| 9 | Mauritania | 1.06 | 2023 | up 7.9% | falling |
| 10 | Panama | 1.06 | 2023 | down 17.5% | falling |
| 11 | Trinidad and Tobago | 1.05 | 2023 | down 29.8% | rising |
| 12 | Niger | 1.05 | 2023 | up 9.4% | falling |
| 13 | Croatia | 1.04 | 2023 | up 2.1% | flat |
| 14 | Iceland | 1.04 | 2023 | up 9.3% | rising |
| 15 | Malaysia | 1.04 | 2023 | up 1.7% | falling |
| 16 | Greece | 1.04 | 2023 | up 5.2% | rising |
| 17 | Ecuador | 1.04 | 2023 | down 0.6% | rising |
| 18 | Togo | 1.04 | 2023 | up 6.6% | rising |
| 19 | Spain | 1.04 | 2023 | up 0.6% | rising |
| 20 | Bulgaria | 1.04 | 2023 | up 7.9% | falling |
| 21 | Costa Rica | 1.03 | 2023 | up 9.3% | falling |
| 22 | Portugal | 1.03 | 2023 | up 0.9% | flat |
| 23 | Cyprus | 1.03 | 2023 | up 13.7% | rising |
| 24 | Mauritius | 1.03 | 2023 | down 0.5% | rising |
| 25 | Honduras | 1.03 | 2023 | up 1.7% | falling |
| 26 | Tunisia | 1.02 | 2023 | down 5.1% | rising |
| 27 | Albania | 1.02 | 2023 | up 1.9% | rising |
| 28 | Mongolia | 1.02 | 2023 | up 19.2% | rising |
| 29 | China | 1.01 | 2023 | up 25.0% | volatile |
| 30 | Poland | 1.01 | 2023 | up 8.7% | rising |
| 31 | Kyrgyzstan | 1.01 | 2023 | down 8.9% | rising |
| 32 | India | 1.01 | 2023 | up 7.3% | rising |
| 34 | Romania | 1.01 | 2023 | up 18.6% | rising |
| 35 | Morocco | 1.01 | 2023 | down 0.5% | rising |
| 36 | Botswana | 1.01 | 2023 | down 17.6% | falling |
| 37 | Japan | 1 | 2023 | down 1.2% | rising |
| 38 | Nicaragua | 1 | 2023 | down 3.8% | falling |
| 39 | Belgium | 1 | 2023 | down 0.5% | rising |
| 40 | Switzerland | 1 | 2023 | up 3.9% | rising |
| 41 | Latvia | 1 | 2023 | up 16.4% | rising |
| 42 | Bolivia | 1 | 2023 | down 10.2% | falling |
| 43 | Austria | 1 | 2023 | down 1.2% | rising |
| 44 | Slovenia | 1 | 2023 | up 13.9% | rising |
| 45 | Australia | 1 | 2023 | up 3.7% | rising |
| 46 | Mexico | 1 | 2023 | down 7.5% | falling |
| 47 | Jamaica | 1 | 2023 | down 6.8% | falling |
| 48 | Iraq | 0.9989 | 2023 | down 15.2% | falling |
| 49 | United Kingdom | 0.9985 | 2023 | down 0.9% | rising |
| 50 | Lesotho | 0.9983 | 2023 | down 18.8% | rising |
| 51 | Egypt | 0.9975 | 2023 | up 4.5% | falling |
| 52 | Hungary | 0.9971 | 2023 | up 7.5% | rising |
| 53 | Netherlands | 0.9967 | 2023 | up 0.3% | rising |
| 54 | Sierra Leone | 0.9965 | 2023 | up 18.2% | falling |
| 55 | Angola | 0.9965 | 2023 | down 19.5% | falling |
| 56 | Kazakhstan | 0.9963 | 2023 | up 0.6% | rising |
| 57 | Indonesia | 0.9955 | 2023 | up 3.7% | flat |
| 58 | Germany | 0.9942 | 2023 | up 3.3% | rising |
| 59 | Serbia | 0.9939 | 2023 | down 2.7% | rising |
| 60 | Uruguay | 0.9938 | 2023 | down 0.6% | rising |
| 61 | United States | 0.993 | 2023 | up 5.4% | rising |
| 62 | Kenya | 0.9928 | 2023 | up 6.1% | falling |
| 63 | Singapore | 0.9914 | 2023 | down 0.8% | falling |
| 64 | Namibia | 0.9912 | 2023 | down 18.6% | falling |
| 65 | Turkey | 0.9902 | 2023 | up 0.0% | falling |
| 66 | Denmark | 0.9884 | 2023 | up 4.2% | rising |
| 67 | Mozambique | 0.988 | 2023 | down 7.8% | rising |
| 68 | Laos | 0.9878 | 2023 | down 15.3% | falling |
| 69 | Nigeria | 0.9877 | 2023 | down 7.3% | falling |
| 70 | Taiwan | 0.9869 | 2023 | up 10.1% | rising |
| 71 | Italy | 0.9869 | 2023 | down 3.6% | rising |
| 72 | Colombia | 0.9832 | 2023 | down 2.0% | flat |
| 73 | Central African Republic | 0.983 | 2023 | up 2.6% | falling |
| 74 | Canada | 0.9827 | 2023 | up 0.1% | rising |
| 75 | France | 0.982 | 2023 | down 5.1% | rising |
| 76 | Moldova | 0.9819 | 2023 | up 13.4% | rising |
| 77 | Czechia | 0.9818 | 2023 | up 9.7% | rising |
| 78 | Norway | 0.981 | 2023 | down 4.5% | rising |
| 79 | Jordan | 0.9804 | 2023 | down 9.2% | falling |
| 80 | El Salvador | 0.9803 | 2023 | down 5.0% | falling |
| 81 | Eswatini | 0.9795 | 2023 | up 4.5% | rising |
| 82 | Israel | 0.9791 | 2023 | up 2.3% | rising |
| 83 | Hong Kong | 0.9789 | 2023 | up 3.4% | rising |
| 84 | South Korea | 0.9769 | 2023 | up 1.6% | rising |
| 85 | Brazil | 0.9768 | 2023 | down 16.1% | falling |
| 86 | Russia | 0.9755 | 2023 | up 4.5% | rising |
| 88 | Philippines | 0.9738 | 2023 | down 4.7% | falling |
| 89 | Zimbabwe | 0.9731 | 2023 | down 15.5% | rising |
| 90 | Guatemala | 0.9724 | 2023 | down 2.6% | falling |
| 91 | Thailand | 0.9681 | 2023 | down 3.1% | rising |
| 92 | New Zealand | 0.9678 | 2023 | down 2.3% | flat |
| 93 | Paraguay | 0.967 | 2023 | down 4.1% | falling |
| 94 | Argentina | 0.9666 | 2023 | down 17.5% | falling |
| 95 | Bahrain | 0.9661 | 2023 | down 21.1% | falling |
| 96 | Sweden | 0.966 | 2023 | up 1.2% | rising |
| 97 | Finland | 0.9657 | 2023 | down 4.6% | rising |
| 98 | Cameroon | 0.9652 | 2023 | up 6.8% | falling |
| 99 | Cote d'Ivoire | 0.9651 | 2023 | down 7.7% | falling |
| 100 | Benin | 0.9644 | 2023 | down 6.9% | rising |
| 101 | Slovakia | 0.9642 | 2023 | up 9.3% | rising |
| 102 | Peru | 0.9623 | 2023 | down 13.0% | falling |
| 103 | Burundi | 0.9623 | 2023 | down 9.3% | falling |
| 104 | Dominican Republic | 0.9609 | 2023 | down 0.4% | falling |
| 105 | Tanzania | 0.9566 | 2023 | down 10.4% | rising |
| 106 | Burkina Faso | 0.9515 | 2023 | down 13.3% | rising |
| 108 | Saudi Arabia | 0.9467 | 2023 | down 28.5% | volatile |
| 109 | Lithuania | 0.9395 | 2023 | up 5.7% | rising |
| 110 | Rwanda | 0.9357 | 2023 | up 1.5% | rising |
| 111 | Qatar | 0.9318 | 2023 | down 40.0% | falling |
| 112 | Gabon | 0.9299 | 2023 | down 25.7% | falling |
| 113 | Chile | 0.929 | 2023 | down 9.2% | flat |
| 114 | South Africa | 0.9273 | 2023 | down 10.7% | rising |
| 115 | Senegal | 0.9259 | 2023 | down 27.0% | falling |
| 116 | Estonia | 0.9057 | 2023 | up 4.1% | rising |
| 117 | Kuwait | 0.9009 | 2023 | down 42.8% | volatile |
| 118 | Sri Lanka | 0.8857 | 2023 | down 14.3% | rising |
| 119 | Sudan | 0.8534 | 2023 | down 15.2% | rising |
| 120 | Ukraine | 0.7604 | 2023 | down 16.6% | rising |
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.