Total factor productivity in Portugal
Portugal: Total factor productivity was 1.03 in 2023. ▬ Flat
Latest (2023)
1.03
Change on year
up 0.8%
World rank
22nd
of 120 countries
All-time high
1.44
in 1973
All-time low
0.7434
in 1954
Years of data
70
1954–2023
Total factor productivity in Portugal, 1954–2023
Source: Our World in Data.
Analysis
Portugal recorded 1.03 for total factor productivity in 2023.
That represents a change of up 0.8% on the previous year and up 0.9% over ten years.
Over the whole period, total factor productivity in Portugal peaked at 1.44 in 1973 and was at its lowest, 0.7434, in 1954.
Portugal ranks 22nd of 120 countries on this measure, in the top quarter.
Total factor productivity in Portugal, year by year
| Year | Value | Change |
|---|---|---|
| 1954 | 0.7434 | — |
| 1955 | 0.7636 | +2.7% |
| 1956 | 0.7842 | +2.7% |
| 1957 | 0.8064 | +2.8% |
| 1958 | 0.7988 | -0.9% |
| 1959 | 0.8327 | +4.2% |
| 1960 | 0.8707 | +4.6% |
| 1961 | 0.911 | +4.6% |
| 1962 | 0.9451 | +3.7% |
| 1963 | 0.9793 | +3.6% |
| 1964 | 1.01 | +2.8% |
| 1965 | 1.04 | +3.7% |
| 1966 | 1.05 | +0.3% |
| 1967 | 1.11 | +5.8% |
| 1968 | 1.23 | +11.4% |
| 1969 | 1.25 | +1.1% |
| 1970 | 1.31 | +4.9% |
| 1971 | 1.33 | +2.0% |
| 1972 | 1.36 | +2.2% |
| 1973 | 1.44 | +5.7% |
| 1974 | 1.35 | -6.6% |
| 1975 | 1.24 | -7.8% |
| 1976 | 1.29 | +4.4% |
| 1977 | 1.3 | +0.6% |
| 1978 | 1.25 | -4.1% |
| 1979 | 1.26 | +0.9% |
| 1980 | 1.22 | -2.9% |
| 1981 | 1.2 | -1.9% |
| 1982 | 1.17 | -2.6% |
| 1983 | 1.11 | -4.8% |
| 1984 | 1.06 | -4.5% |
| 1985 | 1.08 | +2.0% |
| 1986 | 1.09 | +0.7% |
| 1987 | 1.1 | +1.1% |
| 1988 | 1.14 | +2.8% |
| 1989 | 1.15 | +1.4% |
| 1990 | 1.15 | +0.0% |
| 1991 | 1.18 | +2.6% |
| 1992 | 1.16 | -1.5% |
| 1993 | 1.13 | -3.2% |
| 1994 | 1.11 | -1.5% |
| 1995 | 1.1 | -0.5% |
| 1996 | 1.1 | -0.2% |
| 1997 | 1.1 | -0.1% |
| 1998 | 1.09 | -0.9% |
| 1999 | 1.08 | -0.5% |
| 2000 | 1.07 | -1.1% |
| 2001 | 1.07 | -0.3% |
| 2002 | 1.06 | -0.6% |
| 2003 | 1.05 | -1.1% |
| 2004 | 1.06 | +1.0% |
| 2005 | 1.06 | +0.1% |
| 2006 | 1.06 | +0.0% |
| 2007 | 1.06 | +0.1% |
| 2008 | 1.05 | -1.3% |
| 2009 | 1.02 | -2.8% |
| 2010 | 1.03 | +1.2% |
| 2011 | 1.03 | -0.2% |
| 2012 | 1.02 | -1.2% |
| 2013 | 1.02 | +0.1% |
| 2014 | 1.01 | -0.9% |
| 2015 | 1.01 | -0.1% |
| 2016 | 1.01 | +0.1% |
| 2017 | 1.02 | +0.7% |
| 2018 | 1.02 | +0.1% |
| 2019 | 1.03 | +0.9% |
| 2020 | 0.9872 | -4.0% |
| 2021 | 1 | +1.3% |
| 2022 | 1.02 | +2.1% |
| 2023 | 1.03 | +0.8% |
Portugal compared with similar countries
- Portugal's 1.03 is above the median for high income countries, which is 0.994, 1.0× the median. (52 countries reporting)
- Portugal's 1.03 is above the median for Europe & Central Asia, which is 0.9969, 1.0× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 0.7882 | 0.7434 | 0.8327 | 6 |
| 1960s | 1.04 | 0.8707 | 1.25 | 10 |
| 1970s | 1.31 | 1.24 | 1.44 | 10 |
| 1980s | 1.13 | 1.06 | 1.22 | 10 |
| 1990s | 1.12 | 1.08 | 1.18 | 10 |
| 2000s | 1.06 | 1.02 | 1.07 | 10 |
| 2010s | 1.02 | 1.01 | 1.03 | 10 |
| 2020s | 1.01 | 0.9872 | 1.03 | 4 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Real gdp growth, annual growth rate -28.55 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.03 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 357.11 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0135 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 260.76 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 0.8183 % change on previous year (2025)
Frequently asked questions
- What is total factor productivity in Portugal?
- Total factor productivity in Portugal was 1.03 in 2023, according to Our World in Data.
- What is the highest total factor productivity recorded in Portugal?
- The highest recorded value was 1.44 in 1973.
- What is the lowest total factor productivity recorded in Portugal?
- The lowest recorded value was 0.7434 in 1954.
- How does Portugal rank for total factor productivity?
- Portugal ranks 22nd out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Portugal?
- Over the last ten years it is up 0.9%. The long-run trend across the full record is flat.
- Where does this Portugal 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).