What is total factor productivity in Ecuador?

Total factor productivity in Ecuador was 1.04 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 Ecuador?

The highest recorded value was 1.06 in 2017.

What is the lowest total factor productivity recorded in Ecuador?

The lowest recorded value was 0.7106 in 1959.

How does Ecuador rank for total factor productivity?

Ecuador ranks 17th out of 120 countries with data for 2023.

Is total factor productivity rising or falling in Ecuador?

Over the last ten years it is down 0.6%. The long-run trend across the full record is rising.

Where does this Ecuador 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 Ecuador

Name: Total factor productivity in Ecuador
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)

Ecuador: Total factor productivity was 1.04 in 2023. ▲ Rising

Latest (2023)

1.04

Change on year

up 0.3%

World rank

17th

of 120 countries

All-time high

1.06

in 2017

All-time low

0.7106

in 1959

Years of data

1954–2023

Total factor productivity in Ecuador, 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 Ecuador is 1.04, measured in 2023.

That represents a change of up 0.3% on the previous year and down 0.6% over ten years.

Over the whole period, total factor productivity in Ecuador peaked at 1.06 in 2017 and was at its lowest, 0.7106, in 1959.

That places Ecuador 17th out of 120 countries with data for 2023, putting it in the top quarter.

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

Averages by decade

Decade	Average	Lowest	Highest	Years
1950s	0.7173	0.7106	0.7299	6
1960s	0.738	0.7212	0.7532	10
1970s	0.8493	0.7592	0.9286	10
1980s	0.8492	0.8188	0.8969	10
1990s	0.8332	0.8172	0.8473	10
2000s	0.9026	0.8531	0.9501	10
2010s	1.02	0.9443	1.06	10
2020s	1.02	1	1.04	4

Countries ranked near Ecuador

14 Iceland 1.04 compare
15 Malaysia 1.04 compare
16 Greece 1.04 compare
18 Togo 1.04 compare
19 Spain 1.04 compare
20 Bulgaria 1.04 compare

See the full ranking of 120 places →

More economy & growth data for Ecuador

External balance on goods and services as a percent of GDP 3.5% (2025)
Inflation of consumer prices 0.7% (2025)
GDP per capita 6,165 constant 2015 US$ (2025)
Share of manufacturing in gross domestic product (GDP) 13.2% (2025)
Gross domestic product (GDP) 112.75 billion constant 2015 US$ (2025)
GDP per capita in international and market dollars 6,165 constant 2015 US$ (2025)
DEC alternative conversion factor 1 LCU per US$ (2025)
Net secondary income (Net current transfers from abroad) 7.01 billion current LCU (2025)
Net secondary income (Net current transfers from abroad) 7.01 billion current US$ (2025)
Taxes less subsidies on products 9.98 billion current LCU (2025)

All data for Ecuador →

Frequently asked questions

What is total factor productivity in Ecuador?: Total factor productivity in Ecuador was 1.04 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 Ecuador?: The highest recorded value was 1.06 in 2017.
What is the lowest total factor productivity recorded in Ecuador?: The lowest recorded value was 0.7106 in 1959.
How does Ecuador rank for total factor productivity?: Ecuador ranks 17th out of 120 countries with data for 2023.
Is total factor productivity rising or falling in Ecuador?: Over the last ten years it is down 0.6%. The long-run trend across the full record is rising.
Where does this Ecuador 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.