What is total factor productivity in Denmark?

Total factor productivity in Denmark was 0.9884 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 Denmark?

The highest recorded value was 1 in 2021.

What is the lowest total factor productivity recorded in Denmark?

The lowest recorded value was 0.5624 in 1954.

How does Denmark rank for total factor productivity?

Denmark ranks 66th out of 120 countries with data for 2023.

Is total factor productivity rising or falling in Denmark?

Over the last ten years it is up 4.2%. The long-run trend across the full record is rising.

Where does this Denmark 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 Denmark

Name: Total factor productivity in Denmark
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)

Denmark: Total factor productivity was 0.9884 in 2023. ▲ Rising

Latest (2023)

0.9884

Change on year

up 0.8%

World rank

66th

of 120 countries

All-time high

in 2021

All-time low

0.5624

in 1954

Years of data

1954–2023

Total factor productivity in Denmark, 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 Denmark is 0.9884, measured in 2023.

Compared with earlier readings it is up 0.8% on the previous year and up 4.2% over ten years.

Over the whole period, total factor productivity in Denmark peaked at 1 in 2021 and was at its lowest, 0.5624, in 1954.

That places Denmark 66th out of 120 countries with data for 2023, putting it in the middle of the range.

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

Averages by decade

Decade	Average	Lowest	Highest	Years
1950s	0.5908	0.5624	0.6274	6
1960s	0.6857	0.6418	0.7582	10
1970s	0.7999	0.7505	0.8455	10
1980s	0.8725	0.8247	0.8994	10
1990s	0.948	0.9096	0.9781	10
2000s	0.9603	0.9188	0.981	10
2010s	0.9594	0.9398	0.986	10
2020s	0.9868	0.9783	1	4

Countries ranked near Denmark

63 Singapore 0.9914 compare
64 Namibia 0.9912 compare
65 Turkey 0.9902 compare
67 Mozambique 0.988 compare
68 Laos 0.9878 compare
69 Nigeria 0.9877 compare

See the full ranking of 120 places →

More economy & growth data for Denmark

External balance on goods and services as a percent of GDP 11.0% (2025)
Inflation of consumer prices 1.9% (2025)
GDP per capita 62,218 constant 2015 US$ (2025)
Share of manufacturing in gross domestic product (GDP) 18.7% (2025)
Gross domestic product (GDP) 373.88 billion constant 2015 US$ (2025)
GDP per capita in international and market dollars 62,218 constant 2015 US$ (2025)
DEC alternative conversion factor 6.62 LCU per US$ (2025)
Net secondary income (Net current transfers from abroad) -37.70 billion current LCU (2025)
Net secondary income (Net current transfers from abroad) -5.69 billion current US$ (2025)
Taxes less subsidies on products 346.97 billion current LCU (2025)

All data for Denmark →

Frequently asked questions

What is total factor productivity in Denmark?: Total factor productivity in Denmark was 0.9884 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 Denmark?: The highest recorded value was 1 in 2021.
What is the lowest total factor productivity recorded in Denmark?: The lowest recorded value was 0.5624 in 1954.
How does Denmark rank for total factor productivity?: Denmark ranks 66th out of 120 countries with data for 2023.
Is total factor productivity rising or falling in Denmark?: Over the last ten years it is up 4.2%. The long-run trend across the full record is rising.
Where does this Denmark 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.