Total factor productivity in Colombia

Colombia: Total factor productivity was 0.9832 in 2023. ▬ Flat

Latest (2023)
0.9832
Change on year
down 1.8%
World rank
72nd
of 120 countries
All-time high
1.15
in 1979
All-time low
0.9058
in 1958
Years of data
70
1954–2023

Total factor productivity in Colombia, 1954–2023

00.250.50.7511.2195419882023

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

DecadeAverage LowestHighest 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

  1. 69 Nigeria 0.9877 compare
  2. 70 Taiwan 0.9869 compare
  3. 71 Italy 0.9869 compare
  4. 73 Central African Republic 0.983 compare
  5. 74 Canada 0.9827 compare
  6. 75 France 0.982 compare

See the full ranking of 120 places →

More economy & growth data for Colombia

All data for Colombia →

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.

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.