What is total factor productivity in Guatemala?

Total factor productivity in Guatemala was 0.9724 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 Guatemala?

The highest recorded value was 1.26 in 1974.

What is the lowest total factor productivity recorded in Guatemala?

The lowest recorded value was 0.9661 in 2012.

How does Guatemala rank for total factor productivity?

Guatemala ranks 90th out of 120 countries with data for 2023.

Is total factor productivity rising or falling in Guatemala?

Over the last ten years it is down 2.6%. The long-run trend across the full record is falling.

Where does this Guatemala 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 Guatemala

Name: Total factor productivity in Guatemala
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)

Guatemala: Total factor productivity was 0.9724 in 2023. ▼ Falling

Latest (2023)

0.9724

Change on year

down 2.9%

World rank

90th

of 120 countries

All-time high

1.26

in 1974

All-time low

0.9661

in 2012

Years of data

1954–2023

Total factor productivity in Guatemala, 1954–2023

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.

Analysis

Guatemala recorded 0.9724 for total factor productivity in 2023.

The figure is down 2.9% on the previous year and down 2.6% over ten years.

Over the whole period, total factor productivity in Guatemala peaked at 1.26 in 1974 and was at its lowest, 0.9661, in 2012.

Guatemala ranks 90th of 120 countries on this measure, in the middle of the range.

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

Averages by decade

Decade	Average	Lowest	Highest	Years
1950s	0.9933	0.9671	1.01	6
1960s	1.08	1.01	1.16	10
1970s	1.22	1.18	1.26	10
1980s	1.06	1	1.18	10
1990s	1.02	0.9941	1.03	10
2000s	0.989	0.9786	1.01	10
2010s	0.9849	0.9661	0.9982	10
2020s	0.9863	0.9711	1	4

Countries ranked near Guatemala

88 Philippines 0.9738 compare
89 Zimbabwe 0.9731 compare
91 Thailand 0.9681 compare
92 New Zealand 0.9678 compare
93 Paraguay 0.967 compare

See the full ranking of 120 places →

More economy & growth data for Guatemala

External balance on goods and services as a percent of GDP -15.4% (2025)
Inflation of consumer prices 1.5% (2025)
GDP per capita 4,688 constant 2015 US$ (2025)
Share of manufacturing in gross domestic product (GDP) 13.2% (2025)
Gross domestic product (GDP) 87.61 billion constant 2015 US$ (2025)
GDP per capita in international and market dollars 4,688 constant 2015 US$ (2025)
DEC alternative conversion factor 7.68 LCU per US$ (2025)
Net secondary income (Net current transfers from abroad) 201.77 billion current LCU (2025)
Net secondary income (Net current transfers from abroad) 26.27 billion current US$ (2025)
Taxes less subsidies on products 61.91 billion current LCU (2025)

All data for Guatemala →

Frequently asked questions

What is total factor productivity in Guatemala?: Total factor productivity in Guatemala was 0.9724 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 Guatemala?: The highest recorded value was 1.26 in 1974.
What is the lowest total factor productivity recorded in Guatemala?: The lowest recorded value was 0.9661 in 2012.
How does Guatemala rank for total factor productivity?: Guatemala ranks 90th out of 120 countries with data for 2023.
Is total factor productivity rising or falling in Guatemala?: Over the last ten years it is down 2.6%. The long-run trend across the full record is falling.
Where does this Guatemala 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.