Total factor productivity in Luxembourg
Luxembourg: Total factor productivity was 0.9469 in 2023. ▲ Rising
Total factor productivity in Luxembourg, 1954–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
Analysis
Luxembourg recorded 0.9469 for total factor productivity in 2023.
Compared with earlier readings it is down 3.6% on the previous year and down 7.4% over ten years.
Over the whole period, total factor productivity in Luxembourg peaked at 1.17 in 2007 and was at its lowest, 0.8715, in 1975.
Luxembourg ranks 107th of 120 regions on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 70 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 0.9466 | 0.9123 | 0.9678 | 6 |
| 1960s | 0.9059 | 0.8733 | 0.9809 | 10 |
| 1970s | 0.9238 | 0.8715 | 0.9766 | 10 |
| 1980s | 0.9515 | 0.8733 | 1.08 | 10 |
| 1990s | 1.12 | 1.08 | 1.15 | 10 |
| 2000s | 1.13 | 1.06 | 1.17 | 10 |
| 2010s | 1.02 | 0.9958 | 1.07 | 10 |
| 2020s | 0.9794 | 0.9469 | 1 | 4 |
Countries ranked near Luxembourg
- 104 Dominican Republic 0.9609 compare
- 105 Tanzania 0.9566 compare
- 106 Burkina Faso 0.9515 compare
- 108 Saudi Arabia 0.9467 compare
- 109 Lithuania 0.9395 compare
- 110 Rwanda 0.9357 compare
More economy & growth data for Luxembourg
- External balance on goods and services as a percent of GDP 31.2% (2025)
- Inflation of consumer prices 2.3% (2025)
- GDP per capita 103,292 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 3.7% (2025)
- Gross domestic product (GDP) 70.96 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 103,292 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -587.70 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -636.12 million current US$ (2024)
- Taxes less subsidies on products 8.46 billion current LCU (2025)
Frequently asked questions
- What is total factor productivity in Luxembourg?
- Total factor productivity in Luxembourg was 0.9469 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 Luxembourg?
- The highest recorded value was 1.17 in 2007.
- What is the lowest total factor productivity recorded in Luxembourg?
- The lowest recorded value was 0.8715 in 1975.
- How does Luxembourg rank for total factor productivity?
- Luxembourg ranks 107th out of 120 regions with data for 2023.
- Is total factor productivity rising or falling in Luxembourg?
- Over the last ten years it is down 7.4%. The long-run trend across the full record is rising.
- Where does this Luxembourg 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.
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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.