Total factor productivity in Canada

Canada: Total factor productivity was 0.9827 in 2023. ▲ Rising

Latest (2023)
0.9827
Change on year
down 1.8%
World rank
74th
of 120 countries
All-time high
1.02
in 2020
All-time low
0.6702
in 1954
Years of data
70
1954–2023

Total factor productivity in Canada, 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 Canada is 0.9827, measured in 2023.

That represents a change of down 1.8% on the previous year and up 0.1% over ten years.

Over the whole period, total factor productivity in Canada peaked at 1.02 in 2020 and was at its lowest, 0.6702, in 1954.

That places Canada 74th 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

DecadeAverage LowestHighest Years
1950s 0.7401 0.6702 0.7826 6
1960s 0.8796 0.8005 0.9585 10
1970s 0.9962 0.9752 1.02 10
1980s 0.976 0.9605 0.992 10
1990s 0.9625 0.9408 0.9862 10
2000s 1 0.9711 1.02 10
2010s 0.9883 0.9732 1 10
2020s 1 0.9827 1.02 4

Countries ranked near Canada

  1. 71 Italy 0.9869 compare
  2. 72 Colombia 0.9832 compare
  3. 73 Central African Republic 0.983 compare
  4. 75 France 0.982 compare
  5. 76 Moldova 0.9819 compare
  6. 77 Czechia 0.9818 compare

See the full ranking of 120 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is total factor productivity in Canada?
Total factor productivity in Canada was 0.9827 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 Canada?
The highest recorded value was 1.02 in 2020.
What is the lowest total factor productivity recorded in Canada?
The lowest recorded value was 0.6702 in 1954.
How does Canada rank for total factor productivity?
Canada ranks 74th out of 120 countries with data for 2023.
Is total factor productivity rising or falling in Canada?
Over the last ten years it is up 0.1%. The long-run trend across the full record is rising.
Where does this Canada 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.