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
Source: 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.
Total factor productivity in India, year by year
| Year | Value | Change |
|---|---|---|
| 1954 | 0.6306 | — |
| 1955 | 0.6239 | -1.1% |
| 1956 | 0.626 | +0.3% |
| 1957 | 0.6174 | -1.4% |
| 1958 | 0.6543 | +6.0% |
| 1959 | 0.646 | -1.3% |
| 1960 | 0.6795 | +5.2% |
| 1961 | 0.6884 | +1.3% |
| 1962 | 0.6863 | -0.3% |
| 1963 | 0.713 | +3.9% |
| 1964 | 0.7403 | +3.8% |
| 1965 | 0.6977 | -5.7% |
| 1966 | 0.6749 | -3.3% |
| 1967 | 0.7172 | +6.3% |
| 1968 | 0.7392 | +3.1% |
| 1969 | 0.8038 | +8.7% |
| 1970 | 0.8128 | +1.1% |
| 1971 | 0.7921 | -2.5% |
| 1972 | 0.7554 | -4.6% |
| 1973 | 0.7511 | -0.6% |
| 1974 | 0.7316 | -2.6% |
| 1975 | 0.768 | +5.0% |
| 1976 | 0.7487 | -2.5% |
| 1977 | 0.7678 | +2.5% |
| 1978 | 0.7775 | +1.3% |
| 1979 | 0.7077 | -9.0% |
| 1980 | 0.7248 | +2.4% |
| 1981 | 0.7364 | +1.6% |
| 1982 | 0.7304 | -0.8% |
| 1983 | 0.749 | +2.5% |
| 1984 | 0.7444 | -0.6% |
| 1985 | 0.7499 | +0.7% |
| 1986 | 0.7494 | -0.1% |
| 1987 | 0.7418 | -1.0% |
| 1988 | 0.7747 | +4.4% |
| 1989 | 0.781 | +0.8% |
| 1990 | 0.7816 | +0.1% |
| 1991 | 0.7549 | -3.4% |
| 1992 | 0.7604 | +0.7% |
| 1993 | 0.7633 | +0.4% |
| 1994 | 0.7842 | +2.7% |
| 1995 | 0.8118 | +3.5% |
| 1996 | 0.8346 | +2.8% |
| 1997 | 0.8273 | -0.9% |
| 1998 | 0.8369 | +1.2% |
| 1999 | 0.8628 | +3.1% |
| 2000 | 0.8491 | -1.6% |
| 2001 | 0.8429 | -0.7% |
| 2002 | 0.8326 | -1.2% |
| 2003 | 0.8542 | +2.6% |
| 2004 | 0.8713 | +2.0% |
| 2005 | 0.8925 | +2.4% |
| 2006 | 0.9139 | +2.4% |
| 2007 | 0.9249 | +1.2% |
| 2008 | 0.9002 | -2.7% |
| 2009 | 0.9175 | +1.9% |
| 2010 | 0.9414 | +2.6% |
| 2011 | 0.9334 | -0.8% |
| 2012 | 0.9362 | +0.3% |
| 2013 | 0.9418 | +0.6% |
| 2014 | 0.9718 | +3.2% |
| 2015 | 1.01 | +3.9% |
| 2016 | 1.05 | +4.1% |
| 2017 | 1.07 | +1.8% |
| 2018 | 1.08 | +1.3% |
| 2019 | 1.04 | -4.5% |
| 2020 | 0.9556 | -7.7% |
| 2021 | 1 | +4.6% |
| 2022 | 1 | +0.0% |
| 2023 | 1.01 | +1.0% |
India compared with similar countries
- India's 1.01 is above the median for lower middle income countries, which is 0.9979, 1.0× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for India
- Real gdp growth, annual growth rate 7.31 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.33 % change on previous year (2025)
Frequently asked questions
- What is total factor productivity in India?
- Total factor productivity in India was 1.01 in 2023, according to 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 Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.
Download this data
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