Total factor productivity in Luxembourg
Luxembourg: Total factor productivity was 0.9469 in 2023. ▲ Rising
Latest (2023)
0.9469
Change on year
down 3.6%
World rank
107th
of 120 countries
All-time high
1.17
in 2007
All-time low
0.8715
in 1975
Years of data
70
1954–2023
Total factor productivity in Luxembourg, 1954–2023
Source: 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 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 70 years of available data.
Total factor productivity in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 1954 | 0.9445 | — |
| 1955 | 0.949 | +0.5% |
| 1956 | 0.9561 | +0.7% |
| 1957 | 0.9678 | +1.2% |
| 1958 | 0.9498 | -1.9% |
| 1959 | 0.9123 | -4.0% |
| 1960 | 0.9248 | +1.4% |
| 1961 | 0.9207 | -0.4% |
| 1962 | 0.8904 | -3.3% |
| 1963 | 0.8798 | -1.2% |
| 1964 | 0.9127 | +3.7% |
| 1965 | 0.8905 | -2.4% |
| 1966 | 0.8733 | -1.9% |
| 1967 | 0.8759 | +0.3% |
| 1968 | 0.9104 | +3.9% |
| 1969 | 0.9809 | +7.7% |
| 1970 | 0.9645 | -1.7% |
| 1971 | 0.94 | -2.5% |
| 1972 | 0.9498 | +1.0% |
| 1973 | 0.9766 | +2.8% |
| 1974 | 0.9716 | -0.5% |
| 1975 | 0.8715 | -10.3% |
| 1976 | 0.8843 | +1.5% |
| 1977 | 0.8818 | -0.3% |
| 1978 | 0.8959 | +1.6% |
| 1979 | 0.9017 | +0.6% |
| 1980 | 0.8871 | -1.6% |
| 1981 | 0.8733 | -1.6% |
| 1982 | 0.8772 | +0.5% |
| 1983 | 0.8912 | +1.6% |
| 1984 | 0.9349 | +4.9% |
| 1985 | 0.9445 | +1.0% |
| 1986 | 1 | +6.2% |
| 1987 | 0.998 | -0.5% |
| 1988 | 1.03 | +3.0% |
| 1989 | 1.08 | +4.8% |
| 1990 | 1.08 | +0.7% |
| 1991 | 1.12 | +3.7% |
| 1992 | 1.12 | -0.5% |
| 1993 | 1.12 | +0.4% |
| 1994 | 1.13 | +0.9% |
| 1995 | 1.11 | -2.3% |
| 1996 | 1.1 | -1.1% |
| 1997 | 1.11 | +1.0% |
| 1998 | 1.13 | +1.7% |
| 1999 | 1.15 | +2.2% |
| 2000 | 1.16 | +1.2% |
| 2001 | 1.14 | -2.3% |
| 2002 | 1.13 | -0.4% |
| 2003 | 1.13 | -0.7% |
| 2004 | 1.13 | +0.3% |
| 2005 | 1.12 | -0.5% |
| 2006 | 1.14 | +1.7% |
| 2007 | 1.17 | +2.5% |
| 2008 | 1.11 | -5.5% |
| 2009 | 1.06 | -3.9% |
| 2010 | 1.07 | +0.6% |
| 2011 | 1.04 | -2.5% |
| 2012 | 1.02 | -2.0% |
| 2013 | 1.02 | +0.1% |
| 2014 | 1.01 | -1.5% |
| 2015 | 1.02 | +1.8% |
| 2016 | 1.04 | +1.7% |
| 2017 | 1.02 | -2.1% |
| 2018 | 1 | -1.7% |
| 2019 | 0.9958 | -0.7% |
| 2020 | 0.9881 | -0.8% |
| 2021 | 1 | +1.2% |
| 2022 | 0.9827 | -1.7% |
| 2023 | 0.9469 | -3.6% |
Luxembourg compared with similar countries
- Luxembourg's 0.9469 is below the median for high income countries, which is 0.994, 95% of the median. (52 countries reporting)
- Luxembourg's 0.9469 is below the median for Europe & Central Asia, which is 0.9969, 95% of the median. (40 countries reporting)
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
- Real gdp growth, annual growth rate 262.63 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.14 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 3,041 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1234 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0151 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 2,220 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.62 % change on previous year (2025)
Frequently asked questions
- What is total factor productivity in Luxembourg?
- Total factor productivity in Luxembourg was 0.9469 in 2023, according to 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 countries 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 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).