What is total factor productivity in Norway?

Total factor productivity in Norway was 0.981 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 Norway?

The highest recorded value was 1.16 in 2004.

What is the lowest total factor productivity recorded in Norway?

The lowest recorded value was 0.5698 in 1954.

How does Norway rank for total factor productivity?

Norway ranks 78th out of 120 countries with data for 2023.

Is total factor productivity rising or falling in Norway?

Over the last ten years it is down 4.5%. The long-run trend across the full record is rising.

Where does this Norway 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.

Total factor productivity in Norway

Name: Total factor productivity in Norway
Creator: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
License: CC BY 4.0 (Our World in Data)

Norway: Total factor productivity was 0.981 in 2023. ▲ Rising

Latest (2023)

0.981

Change on year

down 1.8%

World rank

78th

of 120 countries

All-time high

1.16

in 2004

All-time low

0.5698

in 1954

Years of data

1954–2023

Total factor productivity in Norway, 1954–2023

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.

Analysis

Norway recorded 0.981 for total factor productivity in 2023.

Compared with earlier readings it is down 1.8% on the previous year and down 4.5% over ten years.

Over the whole period, total factor productivity in Norway peaked at 1.16 in 2004 and was at its lowest, 0.5698, in 1954.

That places Norway 78th 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	0.5848	0.5698	0.605	6
1960s	0.6902	0.622	0.7695	10
1970s	0.8373	0.7656	0.8992	10
1980s	0.9202	0.8799	0.9455	10
1990s	1.06	0.9565	1.13	10
2000s	1.13	1.05	1.16	10
2010s	1.03	1	1.04	10
2020s	0.9918	0.981	1	4

Countries ranked near Norway

75 France 0.982 compare
76 Moldova 0.9819 compare
77 Czechia 0.9818 compare
79 Jordan 0.9804 compare
80 El Salvador 0.9803 compare
81 Eswatini 0.9795 compare

See the full ranking of 120 places →

More economy & growth data for Norway

External balance on goods and services as a percent of GDP 11.7% (2025)
Inflation of consumer prices 3.1% (2025)
GDP per capita 83,813 constant 2015 US$ (2025)
Share of manufacturing in gross domestic product (GDP) 6.1% (2025)
Gross domestic product (GDP) 470.26 billion constant 2015 US$ (2025)
GDP per capita in international and market dollars 83,813 constant 2015 US$ (2025)
DEC alternative conversion factor 10.4 LCU per US$ (2025)
Net secondary income (Net current transfers from abroad) -56.92 billion current LCU (2022)
Net secondary income (Net current transfers from abroad) -5.92 billion current US$ (2022)
Taxes less subsidies on products 488.47 billion current LCU (2025)

All data for Norway →

Frequently asked questions

What is total factor productivity in Norway?: Total factor productivity in Norway was 0.981 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 Norway?: The highest recorded value was 1.16 in 2004.
What is the lowest total factor productivity recorded in Norway?: The lowest recorded value was 0.5698 in 1954.
How does Norway rank for total factor productivity?: Norway ranks 78th out of 120 countries with data for 2023.
Is total factor productivity rising or falling in Norway?: Over the last ten years it is down 4.5%. The long-run trend across the full record is rising.
Where does this Norway 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

Indicator: Total factor productivity
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 120 places, 6,892 data points, 1954–2023
Last refreshed: 07 August 2026

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.