Total factor productivity in Japan

Japan: Total factor productivity was 1 in 2023. ▲ Rising

Latest (2023)
1
Change on year
up 0.7%
World rank
37th
of 120 countries
All-time high
1.03
in 1991
All-time low
0.6004
in 1954
Years of data
70
1954–2023

Total factor productivity in Japan, 1954–2023

00.250.50.751195419882023

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

Analysis

Japan recorded 1 for total factor productivity in 2023.

Compared with earlier readings it is up 0.7% on the previous year and down 1.2% over ten years.

Over the whole period, total factor productivity in Japan peaked at 1.03 in 1991 and was at its lowest, 0.6004, in 1954.

That places Japan 37th 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 0.6205 0.6004 0.6491 6
1960s 0.756 0.6805 0.8537 10
1970s 0.8661 0.852 0.8838 10
1980s 0.9306 0.876 1 10
1990s 1 0.9775 1.03 10
2000s 0.997 0.9629 1.01 10
2010s 1.01 0.9948 1.02 10
2020s 0.997 0.9855 1 4

Countries ranked near Japan

  1. 34 Romania 1.01 compare
  2. 35 Morocco 1.01 compare
  3. 36 Botswana 1.01 compare
  4. 38 Nicaragua 1 compare
  5. 39 Belgium 1 compare
  6. 40 Switzerland 1 compare

See the full ranking of 120 places →

More economy & growth data for Japan

All data for Japan →

Frequently asked questions

What is total factor productivity in Japan?
Total factor productivity in Japan was 1 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 Japan?
The highest recorded value was 1.03 in 1991.
What is the lowest total factor productivity recorded in Japan?
The lowest recorded value was 0.6004 in 1954.
How does Japan rank for total factor productivity?
Japan ranks 37th out of 120 countries with data for 2023.
Is total factor productivity rising or falling in Japan?
Over the last ten years it is down 1.2%. The long-run trend across the full record is rising.
Where does this Japan 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.