What is total factor productivity in Belgium?

Total factor productivity in Belgium 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 Belgium?

The highest recorded value was 1.05 in 2007.

What is the lowest total factor productivity recorded in Belgium?

The lowest recorded value was 0.5195 in 1954.

How does Belgium rank for total factor productivity?

Belgium ranks 39th out of 120 countries with data for 2023.

Is total factor productivity rising or falling in Belgium?

Over the last ten years it is down 0.5%. The long-run trend across the full record is rising.

Where does this Belgium 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.

Total factor productivity in Belgium

Name: Total factor productivity in Belgium
Creator: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
License: CC BY 4.0 (Our World in Data)

Belgium: Total factor productivity was 1 in 2023. ▲ Rising

Latest (2023)

Change on year

down 0.4%

World rank

39th

of 120 countries

All-time high

1.05

in 2007

All-time low

0.5195

in 1954

Years of data

1954–2023

Total factor productivity in Belgium, 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 Belgium is 1, measured in 2023.

Compared with earlier readings it is down 0.4% on the previous year and down 0.5% over ten years.

Over the whole period, total factor productivity in Belgium peaked at 1.05 in 2007 and was at its lowest, 0.5195, in 1954.

That places Belgium 39th out of 120 countries with data for 2023, putting it 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	0.5415	0.5195	0.5635	6
1960s	0.668	0.5816	0.7575	10
1970s	0.8727	0.7942	0.9161	10
1980s	0.962	0.9442	1	10
1990s	1.02	0.9973	1.04	10
2000s	1.03	1.01	1.05	10
2010s	1.01	0.9988	1.02	10
2020s	1	0.9936	1.01	4

Countries ranked near Belgium

See the full ranking of 120 places →

More economy & growth data for Belgium

External balance on goods and services as a percent of GDP -2.0% (2025)
Inflation of consumer prices 2.5% (2025)
GDP per capita 45,146 constant 2015 US$ (2025)
Share of manufacturing in gross domestic product (GDP) 11.2% (2025)
Gross domestic product (GDP) 539.12 billion constant 2015 US$ (2025)
GDP per capita in international and market dollars 45,146 constant 2015 US$ (2025)
DEC alternative conversion factor 0.885 LCU per US$ (2025)
Net secondary income (Net current transfers from abroad) -10.14 billion current LCU (2024)
Net secondary income (Net current transfers from abroad) -10.98 billion current US$ (2024)
Taxes less subsidies on products 60.55 billion current LCU (2025)

All data for Belgium →

Frequently asked questions

What is total factor productivity in Belgium?: Total factor productivity in Belgium 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 Belgium?: The highest recorded value was 1.05 in 2007.
What is the lowest total factor productivity recorded in Belgium?: The lowest recorded value was 0.5195 in 1954.
How does Belgium rank for total factor productivity?: Belgium ranks 39th out of 120 countries with data for 2023.
Is total factor productivity rising or falling in Belgium?: Over the last ten years it is down 0.5%. The long-run trend across the full record is rising.
Where does this Belgium 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: 07 August 2026

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.