Total factor productivity in Japan
Japan: Total factor productivity was 1 in 2023. ▲ Rising
Total factor productivity in Japan, 1954–2023
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
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Japan
- External balance on goods and services as a percent of GDP -0.9% (2024)
- Inflation of consumer prices 3.2% (2025)
- GDP per capita 38,619 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 18.8% (2024)
- Gross domestic product (GDP) 4.76 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 38,619 constant 2015 US$ (2025)
- DEC alternative conversion factor 149.66 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.25 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -28.09 billion current US$ (2024)
- Taxes less subsidies on products 3.66 trillion current LCU (2024)
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
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.