Total factor productivity in Colombia
Colombia: Total factor productivity was 0.9832 in 2023. ▬ Flat
Total factor productivity in Colombia, 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 Colombia is 0.9832, measured in 2023.
Compared with earlier readings it is down 1.8% on the previous year and down 2.0% over ten years.
Over the whole period, total factor productivity in Colombia peaked at 1.15 in 1979 and was at its lowest, 0.9058, in 1958.
That places Colombia 72nd out of 120 countries with data for 2023, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 0.9473 | 0.9058 | 0.9868 | 6 |
| 1960s | 1 | 0.9568 | 1.05 | 10 |
| 1970s | 1.11 | 1.06 | 1.15 | 10 |
| 1980s | 1.1 | 1.08 | 1.15 | 10 |
| 1990s | 1.06 | 0.9873 | 1.11 | 10 |
| 2000s | 0.9799 | 0.964 | 0.9951 | 10 |
| 2010s | 0.9916 | 0.9702 | 1.01 | 10 |
| 2020s | 1 | 0.9832 | 1.02 | 4 |
Countries ranked near Colombia
More economy & growth data for Colombia
- External balance on goods and services as a percent of GDP -5.4% (2025)
- Inflation of consumer prices 5.1% (2025)
- GDP per capita 6,976 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 9.9% (2025)
- Gross domestic product (GDP) 372.67 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,976 constant 2015 US$ (2025)
- DEC alternative conversion factor 4,053 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 65.68 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 16.20 billion current US$ (2025)
- Taxes less subsidies on products 181.46 trillion current LCU (2025)
Frequently asked questions
- What is total factor productivity in Colombia?
- Total factor productivity in Colombia was 0.9832 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 Colombia?
- The highest recorded value was 1.15 in 1979.
- What is the lowest total factor productivity recorded in Colombia?
- The lowest recorded value was 0.9058 in 1958.
- How does Colombia rank for total factor productivity?
- Colombia ranks 72nd out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Colombia?
- Over the last ten years it is down 2.0%. The long-run trend across the full record is flat.
- Where does this Colombia 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.
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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.