Total factor productivity in Austria
Austria: Total factor productivity was 1 in 2023. ▲ Rising
Total factor productivity in Austria, 1954–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
Analysis
The most recent figure for total factor productivity in Austria is 1, measured in 2023.
Compared with earlier readings it is down 2.3% on the previous year and down 1.2% over ten years.
Over the whole period, total factor productivity in Austria peaked at 1.05 in 2007 and was at its lowest, 0.5088, in 1954.
Austria ranks 43rd of 120 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 70 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 0.5601 | 0.5088 | 0.5922 | 6 |
| 1960s | 0.6843 | 0.6248 | 0.7677 | 10 |
| 1970s | 0.8371 | 0.8098 | 0.8716 | 10 |
| 1980s | 0.8927 | 0.8622 | 0.9216 | 10 |
| 1990s | 0.9623 | 0.9346 | 0.9955 | 10 |
| 2000s | 1.02 | 0.9979 | 1.05 | 10 |
| 2010s | 1.02 | 1.01 | 1.02 | 10 |
| 2020s | 1.01 | 0.9962 | 1.02 | 4 |
Countries ranked near Austria
More economy & growth data for Austria
- External balance on goods and services as a percent of GDP 2.4% (2025)
- Inflation of consumer prices 3.5% (2025)
- GDP per capita 46,090 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 15.2% (2025)
- Gross domestic product (GDP) 424.41 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 46,090 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -3.14 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -3.40 billion current US$ (2024)
- Taxes less subsidies on products 54.92 billion current LCU (2025)
Frequently asked questions
- What is total factor productivity in Austria?
- Total factor productivity in Austria was 1 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 Austria?
- The highest recorded value was 1.05 in 2007.
- What is the lowest total factor productivity recorded in Austria?
- The lowest recorded value was 0.5088 in 1954.
- How does Austria rank for total factor productivity?
- Austria ranks 43rd out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Austria?
- Over the last ten years it is down 1.2%. The long-run trend across the full record is rising.
- Where does this Austria 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.
Download this data
CSV · JSON — 70 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.