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: 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.
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
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -6.07 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0105 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -658.85 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -11.68 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -185.54 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0202 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,269 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 50.93 % 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 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
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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.