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

00.250.50.751195419882023

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

DecadeAverage LowestHighest 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

  1. 40 Switzerland 1 compare
  2. 41 Latvia 1 compare
  3. 42 Bolivia 1 compare
  4. 44 Slovenia 1 compare
  5. 45 Australia 1 compare
  6. 46 Mexico 1 compare

See the full ranking of 120 places →

More economy & growth data for Austria

All data for Austria →

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

Indicator
Total factor productivity
Source
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 6,892 data points, 1954–2023
Last refreshed

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.