{"entity":{"iso2":"LV","iso3":"LVA","name":"Latvia","slug":"latvia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"total-factor-productivity","source":"Feenstra et al. - Penn World Table (2025) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/total-factor-productivity","title":"Total factor productivity","unit":null},"observations":[{"date":"1994-01-01","value":0.502878},{"date":"1995-01-01","value":0.513092},{"date":"1996-01-01","value":0.523143},{"date":"1997-01-01","value":0.555905},{"date":"1998-01-01","value":0.583831},{"date":"1999-01-01","value":0.598218},{"date":"2000-01-01","value":0.632714},{"date":"2001-01-01","value":0.650611},{"date":"2002-01-01","value":0.687497},{"date":"2003-01-01","value":0.723389},{"date":"2004-01-01","value":0.763211},{"date":"2005-01-01","value":0.80172},{"date":"2006-01-01","value":0.845178},{"date":"2007-01-01","value":0.881231},{"date":"2008-01-01","value":0.845572},{"date":"2009-01-01","value":0.791767},{"date":"2010-01-01","value":0.799888},{"date":"2011-01-01","value":0.810924},{"date":"2012-01-01","value":0.85982},{"date":"2013-01-01","value":0.860554},{"date":"2014-01-01","value":0.87711},{"date":"2015-01-01","value":0.909331},{"date":"2016-01-01","value":0.929202},{"date":"2017-01-01","value":0.956206},{"date":"2018-01-01","value":0.969424},{"date":"2019-01-01","value":0.954732},{"date":"2020-01-01","value":0.950159},{"date":"2021-01-01","value":1.0},{"date":"2022-01-01","value":0.996462},{"date":"2023-01-01","value":1.00154}],"summary":{"latest_period":"2023-01-01","latest_value":1.00154,"max":1.00154,"mean":0.79251,"min":0.502878,"of":120,"rank":41,"trend":"rising"}}