Total factor productivity in Chile
Chile: Total factor productivity was 0.929 in 2023. ▬ Flat
Latest (2023)
0.929
Change on year
down 2.8%
World rank
113th
of 120 countries
All-time high
1.14
in 1967
All-time low
0.7815
in 1983
Years of data
69
1955–2023
Total factor productivity in Chile, 1955–2023
Source: Our World in Data.
Analysis
The most recent figure for total factor productivity in Chile is 0.929, measured in 2023.
That represents a change of down 2.8% on the previous year and down 9.2% over ten years.
Over the whole period, total factor productivity in Chile peaked at 1.14 in 1967 and was at its lowest, 0.7815, in 1983.
That places Chile 113th out of 120 countries with data for 2023, putting it in the bottom quarter.
Total factor productivity in Chile, year by year
| Year | Value | Change |
|---|---|---|
| 1955 | 0.94 | — |
| 1956 | 0.9287 | -1.2% |
| 1957 | 0.9737 | +4.9% |
| 1958 | 0.999 | +2.6% |
| 1959 | 0.975 | -2.4% |
| 1960 | 1.05 | +7.5% |
| 1961 | 1.06 | +1.5% |
| 1962 | 1.09 | +2.0% |
| 1963 | 1.12 | +3.1% |
| 1964 | 1.1 | -1.6% |
| 1965 | 1.07 | -3.1% |
| 1966 | 1.12 | +4.7% |
| 1967 | 1.14 | +1.8% |
| 1968 | 1.1 | -3.1% |
| 1969 | 1.08 | -1.7% |
| 1970 | 1.08 | +0.1% |
| 1971 | 1.09 | +0.9% |
| 1972 | 1.03 | -6.0% |
| 1973 | 0.9463 | -7.9% |
| 1974 | 0.9472 | +0.1% |
| 1975 | 0.8088 | -14.6% |
| 1976 | 0.8112 | +0.3% |
| 1977 | 0.8564 | +5.6% |
| 1978 | 0.894 | +4.4% |
| 1979 | 0.927 | +3.7% |
| 1980 | 0.9418 | +1.6% |
| 1981 | 0.9455 | +0.4% |
| 1982 | 0.8366 | -11.5% |
| 1983 | 0.7815 | -6.6% |
| 1984 | 0.7998 | +2.3% |
| 1985 | 0.7872 | -1.6% |
| 1986 | 0.8025 | +1.9% |
| 1987 | 0.8324 | +3.7% |
| 1988 | 0.8631 | +3.7% |
| 1989 | 0.9063 | +5.0% |
| 1990 | 0.8972 | -1.0% |
| 1991 | 0.9322 | +3.9% |
| 1992 | 0.9903 | +6.2% |
| 1993 | 1.02 | +2.7% |
| 1994 | 1.03 | +1.7% |
| 1995 | 1.08 | +4.0% |
| 1996 | 1.09 | +1.4% |
| 1997 | 1.12 | +2.4% |
| 1998 | 1.1 | -2.0% |
| 1999 | 1.07 | -2.4% |
| 2000 | 1.08 | +0.5% |
| 2001 | 1.07 | -0.1% |
| 2002 | 1.06 | -0.9% |
| 2003 | 1.07 | +0.5% |
| 2004 | 1.09 | +2.0% |
| 2005 | 1.1 | +0.9% |
| 2006 | 1.1 | -0.4% |
| 2007 | 1.09 | -0.3% |
| 2008 | 1.08 | -1.5% |
| 2009 | 1.03 | -4.5% |
| 2010 | 1.04 | +0.7% |
| 2011 | 1.04 | +0.4% |
| 2012 | 1.04 | +0.1% |
| 2013 | 1.02 | -1.7% |
| 2014 | 1.01 | -1.4% |
| 2015 | 0.9924 | -1.6% |
| 2016 | 0.9821 | -1.0% |
| 2017 | 0.9719 | -1.0% |
| 2018 | 0.984 | +1.2% |
| 2019 | 0.9625 | -2.2% |
| 2020 | 0.9637 | +0.1% |
| 2021 | 1 | +3.8% |
| 2022 | 0.9553 | -4.5% |
| 2023 | 0.929 | -2.8% |
Chile compared with similar countries
- Chile's 0.929 is below the median for high income countries, which is 0.994, 93% of the median. (52 countries reporting)
- Chile's 0.929 is below the median for Latin America & Caribbean, which is 1, 93% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 0.9633 | 0.9287 | 0.999 | 5 |
| 1960s | 1.09 | 1.05 | 1.14 | 10 |
| 1970s | 0.9395 | 0.8088 | 1.09 | 10 |
| 1980s | 0.8497 | 0.7815 | 0.9455 | 10 |
| 1990s | 1.03 | 0.8972 | 1.12 | 10 |
| 2000s | 1.08 | 1.03 | 1.1 | 10 |
| 2010s | 1 | 0.9625 | 1.04 | 10 |
| 2020s | 0.962 | 0.929 | 1 | 4 |
Countries ranked near Chile
More economy & growth data for Chile
- Real gdp growth, annual growth rate -13.31 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.32 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 1.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0096 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 173.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate -3.36 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.007 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 126.75 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.11 % change on previous year (2025)
Frequently asked questions
- What is total factor productivity in Chile?
- Total factor productivity in Chile was 0.929 in 2023, according to Our World in Data.
- What is the highest total factor productivity recorded in Chile?
- The highest recorded value was 1.14 in 1967.
- What is the lowest total factor productivity recorded in Chile?
- The lowest recorded value was 0.7815 in 1983.
- How does Chile rank for total factor productivity?
- Chile ranks 113th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Chile?
- Over the last ten years it is down 9.2%. The long-run trend across the full record is flat.
- Where does this Chile 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
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