{"entity":{"iso2":"AM","iso3":"ARM","name":"Armenia","slug":"armenia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"total-factor-productivity","source":"Feenstra et al. - Penn World Table (2025) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/total-factor-productivity","title":"Total factor productivity","unit":null},"observations":[{"date":"1994-01-01","value":0.24897},{"date":"1995-01-01","value":0.267071},{"date":"1996-01-01","value":0.289783},{"date":"1997-01-01","value":0.311624},{"date":"1998-01-01","value":0.342079},{"date":"1999-01-01","value":0.361468},{"date":"2000-01-01","value":0.387223},{"date":"2001-01-01","value":0.433463},{"date":"2002-01-01","value":0.549249},{"date":"2003-01-01","value":0.621859},{"date":"2004-01-01","value":0.687705},{"date":"2005-01-01","value":0.759513},{"date":"2006-01-01","value":0.8322},{"date":"2007-01-01","value":0.903846},{"date":"2008-01-01","value":0.844108},{"date":"2009-01-01","value":0.771468},{"date":"2010-01-01","value":0.758426},{"date":"2011-01-01","value":0.786062},{"date":"2012-01-01","value":0.824809},{"date":"2013-01-01","value":0.829167},{"date":"2014-01-01","value":0.848457},{"date":"2015-01-01","value":0.927692},{"date":"2016-01-01","value":0.953783},{"date":"2017-01-01","value":1.02725},{"date":"2018-01-01","value":1.00394},{"date":"2019-01-01","value":1.0511},{"date":"2020-01-01","value":1.00863},{"date":"2021-01-01","value":1.0},{"date":"2022-01-01","value":1.06905},{"date":"2023-01-01","value":1.10737}],"summary":{"latest_period":"2023-01-01","latest_value":1.10737,"max":1.10737,"mean":0.726912,"min":0.24897,"of":120,"rank":5,"trend":"rising"}}