What is total factor productivity in Costa Rica?

Total factor productivity in Costa Rica was 1.03 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 Costa Rica?

The highest recorded value was 1.25 in 1973.

What is the lowest total factor productivity recorded in Costa Rica?

The lowest recorded value was 0.8514 in 2005.

How does Costa Rica rank for total factor productivity?

Costa Rica ranks 21st out of 120 countries with data for 2023.

Is total factor productivity rising or falling in Costa Rica?

Over the last ten years it is up 9.3%. The long-run trend across the full record is falling.

Where does this Costa Rica 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.

Total factor productivity in Costa Rica

Name: Total factor productivity in Costa Rica
Creator: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
License: CC BY 4.0 (Our World in Data)

Costa Rica: Total factor productivity was 1.03 in 2023. ▼ Falling

Latest (2023)

1.03

Change on year

up 4.8%

World rank

21st

of 120 countries

All-time high

1.25

in 1973

All-time low

0.8514

in 2005

Years of data

1954–2023

Total factor productivity in Costa Rica, 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 Costa Rica is 1.03, measured in 2023.

The figure is up 4.8% on the previous year and up 9.3% over ten years.

Over the whole period, total factor productivity in Costa Rica peaked at 1.25 in 1973 and was at its lowest, 0.8514, in 2005.

That places Costa Rica 21st out of 120 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently falling across the 70 years of available data.

Averages by decade

Decade	Average	Lowest	Highest	Years
1950s	0.9606	0.9051	1.03	6
1960s	1.09	1.01	1.2	10
1970s	1.21	1.15	1.25	10
1980s	0.9814	0.9391	1.11	10
1990s	0.9177	0.8861	0.9471	10
2000s	0.8704	0.8514	0.8886	10
2010s	0.9393	0.9073	0.9648	10
2020s	1.01	0.9834	1.03	4

Countries ranked near Costa Rica

18 Togo 1.04 compare
19 Spain 1.04 compare
20 Bulgaria 1.04 compare
22 Portugal 1.03 compare
23 Cyprus 1.03 compare
24 Mauritius 1.03 compare

See the full ranking of 120 places →

More economy & growth data for Costa Rica

External balance on goods and services as a percent of GDP 6.2% (2025)
Inflation of consumer prices -0.1% (2025)
GDP per capita 15,669 constant 2015 US$ (2025)
Share of manufacturing in gross domestic product (GDP) 13.6% (2025)
Gross domestic product (GDP) 80.74 billion constant 2015 US$ (2025)
GDP per capita in international and market dollars 15,669 constant 2015 US$ (2025)
DEC alternative conversion factor 503.5 LCU per US$ (2025)
Net secondary income (Net current transfers from abroad) 382.28 billion current LCU (2025)
Net secondary income (Net current transfers from abroad) 759.25 million current US$ (2025)
Taxes less subsidies on products 3.90 trillion current LCU (2025)

All data for Costa Rica →

Frequently asked questions

What is total factor productivity in Costa Rica?: Total factor productivity in Costa Rica was 1.03 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 Costa Rica?: The highest recorded value was 1.25 in 1973.
What is the lowest total factor productivity recorded in Costa Rica?: The lowest recorded value was 0.8514 in 2005.
How does Costa Rica rank for total factor productivity?: Costa Rica ranks 21st out of 120 countries with data for 2023.
Is total factor productivity rising or falling in Costa Rica?: Over the last ten years it is up 9.3%. The long-run trend across the full record is falling.
Where does this Costa Rica 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: 07 August 2026

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.