Total factor productivity in Austria
Austria: Total factor productivity was 1 in 2023. ▲ Rising
Latest (2023)
1
Change on year
down 2.3%
World rank
43rd
of 120 countries
All-time high
1.05
in 2007
All-time low
0.5088
in 1954
Years of data
70
1954–2023
Total factor productivity in Austria, 1954–2023
Source: 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.
Total factor productivity in Austria, year by year
| Year | Value | Change |
|---|---|---|
| 1954 | 0.5088 | — |
| 1955 | 0.5407 | +6.3% |
| 1956 | 0.5574 | +3.1% |
| 1957 | 0.5748 | +3.1% |
| 1958 | 0.5866 | +2.0% |
| 1959 | 0.5922 | +0.9% |
| 1960 | 0.6248 | +5.5% |
| 1961 | 0.6383 | +2.2% |
| 1962 | 0.6389 | +0.1% |
| 1963 | 0.6559 | +2.7% |
| 1964 | 0.6786 | +3.5% |
| 1965 | 0.682 | +0.5% |
| 1966 | 0.7033 | +3.1% |
| 1967 | 0.7166 | +1.9% |
| 1968 | 0.7373 | +2.9% |
| 1969 | 0.7677 | +4.1% |
| 1970 | 0.8098 | +5.5% |
| 1971 | 0.8183 | +1.1% |
| 1972 | 0.8287 | +1.3% |
| 1973 | 0.8386 | +1.2% |
| 1974 | 0.8201 | -2.2% |
| 1975 | 0.8253 | +0.6% |
| 1976 | 0.8446 | +2.3% |
| 1977 | 0.8578 | +1.6% |
| 1978 | 0.8562 | -0.2% |
| 1979 | 0.8716 | +1.8% |
| 1980 | 0.8622 | -1.1% |
| 1981 | 0.867 | +0.6% |
| 1982 | 0.8764 | +1.1% |
| 1983 | 0.8958 | +2.2% |
| 1984 | 0.8864 | -1.1% |
| 1985 | 0.8952 | +1.0% |
| 1986 | 0.9017 | +0.7% |
| 1987 | 0.9057 | +0.4% |
| 1988 | 0.9149 | +1.0% |
| 1989 | 0.9216 | +0.7% |
| 1990 | 0.9346 | +1.4% |
| 1991 | 0.9377 | +0.3% |
| 1992 | 0.9499 | +1.3% |
| 1993 | 0.9461 | -0.4% |
| 1994 | 0.955 | +0.9% |
| 1995 | 0.9779 | +2.4% |
| 1996 | 0.9704 | -0.8% |
| 1997 | 0.9688 | -0.2% |
| 1998 | 0.9869 | +1.9% |
| 1999 | 0.9955 | +0.9% |
| 2000 | 1 | +0.8% |
| 2001 | 0.9999 | -0.3% |
| 2002 | 1 | +0.2% |
| 2003 | 0.9979 | -0.4% |
| 2004 | 1.01 | +0.7% |
| 2005 | 1.02 | +1.1% |
| 2006 | 1.03 | +1.5% |
| 2007 | 1.05 | +1.6% |
| 2008 | 1.04 | -0.8% |
| 2009 | 1.01 | -2.7% |
| 2010 | 1.02 | +0.6% |
| 2011 | 1.02 | +0.6% |
| 2012 | 1.02 | -0.1% |
| 2013 | 1.01 | -1.0% |
| 2014 | 1.01 | -0.4% |
| 2015 | 1.02 | +0.7% |
| 2016 | 1.02 | -0.2% |
| 2017 | 1.02 | +0.5% |
| 2018 | 1.02 | +0.0% |
| 2019 | 1.02 | -0.5% |
| 2020 | 0.9962 | -1.9% |
| 2021 | 1 | +0.4% |
| 2022 | 1.02 | +2.5% |
| 2023 | 1 | -2.3% |
Austria compared with similar countries
- Austria's 1 is above the median for high income countries, which is 0.994, 1.0× the median. (52 countries reporting)
- Austria's 1 is above the median for Europe & Central Asia, which is 0.9969, 1.0× the median. (40 countries reporting)
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
- Real gdp growth, annual growth rate 193.47 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.801 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.9157 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 6.39 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0136 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 858.85 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.31 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.01 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 627.13 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.68 % change on previous year (2025)
Frequently asked questions
- What is total factor productivity in Austria?
- Total factor productivity in Austria was 1 in 2023, according to 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 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).