Total factor productivity in Laos
Laos: Total factor productivity was 0.9878 in 2023. ▼ Falling
Total factor productivity in Laos, 1980–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
Analysis
Laos recorded 0.9878 for total factor productivity in 2023.
That represents a change of up 0.4% on the previous year and down 15.3% over ten years.
Over the whole period, total factor productivity in Laos peaked at 1.31 in 1986 and was at its lowest, 0.9842, in 2022.
That places Laos 68th out of 120 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 44 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.2 | 1.04 | 1.31 | 10 |
| 1990s | 1.11 | 1.1 | 1.13 | 10 |
| 2000s | 1.14 | 1.04 | 1.18 | 10 |
| 2010s | 1.15 | 1.09 | 1.17 | 10 |
| 2020s | 1 | 0.9842 | 1.04 | 4 |
Countries ranked near Laos
More economy & growth data for Laos
- External balance on goods and services as a percent of GDP -8.7% (2016)
- Inflation of consumer prices 7.7% (2025)
- GDP per capita 2,807 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 9.1% (2025)
- Gross domestic product (GDP) 22.10 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,807 constant 2015 US$ (2025)
- DEC alternative conversion factor 20,444 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.36 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 604.50 million current US$ (2025)
- Taxes less subsidies on products 39.84 trillion current LCU (2025)
Frequently asked questions
- What is total factor productivity in Laos?
- Total factor productivity in Laos was 0.9878 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 Laos?
- The highest recorded value was 1.31 in 1986.
- What is the lowest total factor productivity recorded in Laos?
- The lowest recorded value was 0.9842 in 2022.
- How does Laos rank for total factor productivity?
- Laos ranks 68th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Laos?
- Over the last ten years it is down 15.3%. The long-run trend across the full record is falling.
- Where does this Laos 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 — 44 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.