Total factor productivity in India

India: Total factor productivity was 1.01 in 2023. ▲ Rising

Latest (2023)
1.01
Change on year
up 1.0%
World rank
32nd
of 120 countries
All-time high
1.08
in 2018
All-time low
0.6174
in 1957
Years of data
70
1954–2023

Total factor productivity in India, 1954–2023

00.250.50.751195419882023

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

Analysis

India recorded 1.01 for total factor productivity in 2023.

Compared with earlier readings it is up 1.0% on the previous year and up 7.3% over ten years.

Over the whole period, total factor productivity in India peaked at 1.08 in 2018 and was at its lowest, 0.6174, in 1957.

That places India 32nd 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

DecadeAverage LowestHighest Years
1950s 0.633 0.6174 0.6543 6
1960s 0.714 0.6749 0.8038 10
1970s 0.7613 0.7077 0.8128 10
1980s 0.7482 0.7248 0.781 10
1990s 0.8018 0.7549 0.8628 10
2000s 0.8799 0.8326 0.9249 10
2010s 0.9976 0.9334 1.08 10
2020s 0.9916 0.9556 1.01 4

Countries ranked near India

  1. 29 China 1.01 compare
  2. 30 Poland 1.01 compare
  3. 31 Kyrgyzstan 1.01 compare
  4. 34 Romania 1.01 compare
  5. 35 Morocco 1.01 compare

See the full ranking of 120 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is total factor productivity in India?
Total factor productivity in India was 1.01 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 India?
The highest recorded value was 1.08 in 2018.
What is the lowest total factor productivity recorded in India?
The lowest recorded value was 0.6174 in 1957.
How does India rank for total factor productivity?
India ranks 32nd out of 120 countries with data for 2023.
Is total factor productivity rising or falling in India?
Over the last ten years it is up 7.3%. The long-run trend across the full record is rising.
Where does this India 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

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.