Total factor productivity in Argentina
Argentina: Total factor productivity was 0.9666 in 2023. ▼ Falling
Total factor productivity in Argentina, 1972–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
Analysis
Argentina recorded 0.9666 for total factor productivity in 2023.
The figure is down 7.0% on the previous year and down 17.5% over ten years.
Over the whole period, total factor productivity in Argentina peaked at 1.33 in 1974 and was at its lowest, 0.9383, in 1990.
Argentina ranks 94th of 120 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 52 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.28 | 1.2 | 1.33 | 8 |
| 1980s | 1.08 | 0.9619 | 1.23 | 10 |
| 1990s | 1.12 | 0.9383 | 1.2 | 10 |
| 2000s | 1.12 | 0.9779 | 1.22 | 10 |
| 2010s | 1.13 | 1.03 | 1.22 | 10 |
| 2020s | 1 | 0.9666 | 1.04 | 4 |
Countries ranked near Argentina
More economy & growth data for Argentina
- External balance on goods and services as a percent of GDP 0.7% (2025)
- Inflation of consumer prices 219.9% (2024)
- GDP per capita 13,287 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 13.6% (2025)
- Gross domestic product (GDP) 609.23 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 13,287 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,241 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 2.72 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 2.19 billion current US$ (2025)
- Taxes less subsidies on products 130.88 trillion current LCU (2025)
Frequently asked questions
- What is total factor productivity in Argentina?
- Total factor productivity in Argentina was 0.9666 in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest total factor productivity recorded in Argentina?
- The highest recorded value was 1.33 in 1974.
- What is the lowest total factor productivity recorded in Argentina?
- The lowest recorded value was 0.9383 in 1990.
- How does Argentina rank for total factor productivity?
- Argentina ranks 94th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Argentina?
- Over the last ten years it is down 17.5%. The long-run trend across the full record is falling.
- Where does this Argentina data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.
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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.