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
Source: 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.
Total factor productivity in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 1954 | 0.9868 | — |
| 1955 | 0.9754 | -1.2% |
| 1956 | 0.9536 | -2.2% |
| 1957 | 0.9227 | -3.2% |
| 1958 | 0.9058 | -1.8% |
| 1959 | 0.9398 | +3.8% |
| 1960 | 0.9568 | +1.8% |
| 1961 | 0.971 | +1.5% |
| 1962 | 0.9837 | +1.3% |
| 1963 | 0.9821 | -0.2% |
| 1964 | 1.02 | +4.0% |
| 1965 | 0.9972 | -2.3% |
| 1966 | 1.01 | +1.3% |
| 1967 | 1.01 | +0.0% |
| 1968 | 1.03 | +1.8% |
| 1969 | 1.05 | +2.0% |
| 1970 | 1.06 | +1.5% |
| 1971 | 1.07 | +0.8% |
| 1972 | 1.1 | +2.9% |
| 1973 | 1.13 | +2.1% |
| 1974 | 1.14 | +0.9% |
| 1975 | 1.1 | -2.8% |
| 1976 | 1.11 | +0.2% |
| 1977 | 1.1 | -0.5% |
| 1978 | 1.14 | +4.0% |
| 1979 | 1.15 | +0.9% |
| 1980 | 1.15 | -0.2% |
| 1981 | 1.12 | -3.0% |
| 1982 | 1.09 | -2.7% |
| 1983 | 1.08 | -1.0% |
| 1984 | 1.08 | +0.7% |
| 1985 | 1.08 | -0.0% |
| 1986 | 1.1 | +1.9% |
| 1987 | 1.11 | +0.6% |
| 1988 | 1.11 | -0.3% |
| 1989 | 1.1 | -1.0% |
| 1990 | 1.11 | +1.2% |
| 1991 | 1.08 | -2.3% |
| 1992 | 1.1 | +1.4% |
| 1993 | 1.08 | -1.5% |
| 1994 | 1.07 | -1.0% |
| 1995 | 1.07 | -0.4% |
| 1996 | 1.05 | -1.5% |
| 1997 | 1.05 | -0.2% |
| 1998 | 1.03 | -1.7% |
| 1999 | 0.9873 | -4.3% |
| 2000 | 0.9791 | -0.8% |
| 2001 | 0.9824 | +0.3% |
| 2002 | 0.964 | -1.9% |
| 2003 | 0.9695 | +0.6% |
| 2004 | 0.9863 | +1.7% |
| 2005 | 0.986 | -0.0% |
| 2006 | 0.9951 | +0.9% |
| 2007 | 0.9915 | -0.4% |
| 2008 | 0.9787 | -1.3% |
| 2009 | 0.9659 | -1.3% |
| 2010 | 0.9702 | +0.4% |
| 2011 | 0.9905 | +2.1% |
| 2012 | 0.99 | -0.0% |
| 2013 | 1 | +1.3% |
| 2014 | 1.01 | +1.2% |
| 2015 | 0.9988 | -1.6% |
| 2016 | 0.993 | -0.6% |
| 2017 | 0.9838 | -0.9% |
| 2018 | 0.9821 | -0.2% |
| 2019 | 0.9903 | +0.8% |
| 2020 | 1.02 | +2.8% |
| 2021 | 1 | -1.8% |
| 2022 | 1 | +0.1% |
| 2023 | 0.9832 | -1.8% |
Colombia compared with similar countries
- Colombia's 0.9832 is below the median for upper middle income countries, which is 0.9902, 99% of the median. (33 countries reporting)
- Colombia's 0.9832 is below the median for Latin America & Caribbean, which is 1, 98% of the median. (21 countries reporting)
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
- Real gdp growth, annual growth rate 76.96 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.41 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.16 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0076 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 65.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1404 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0056 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 47.52 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -52.48 % change on previous year (2025)
Frequently asked questions
- What is total factor productivity in Colombia?
- Total factor productivity in Colombia was 0.9832 in 2023, according to 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 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).