Total factor productivity in Romania
Romania: Total factor productivity was 1.01 in 2023. ▲ Rising
Latest (2023)
1.01
Change on year
down 0.7%
World rank
34th
of 120 countries
All-time high
1.02
in 2022
All-time low
0.4928
in 1964
Years of data
60
1964–2023
Total factor productivity in Romania, 1964–2023
Source: Our World in Data.
Analysis
The most recent figure for total factor productivity in Romania is 1.01, measured in 2023.
The figure is down 0.7% on the previous year and up 18.6% over ten years.
Over the whole period, total factor productivity in Romania peaked at 1.02 in 2022 and was at its lowest, 0.4928, in 1964.
Romania ranks 34th of 120 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Total factor productivity in Romania, year by year
| Year | Value | Change |
|---|---|---|
| 1964 | 0.4928 | — |
| 1965 | 0.5185 | +5.2% |
| 1966 | 0.5258 | +1.4% |
| 1967 | 0.5718 | +8.7% |
| 1968 | 0.5844 | +2.2% |
| 1969 | 0.5981 | +2.3% |
| 1970 | 0.6305 | +5.4% |
| 1971 | 0.6815 | +8.1% |
| 1972 | 0.7175 | +5.3% |
| 1973 | 0.7566 | +5.5% |
| 1974 | 0.8146 | +7.7% |
| 1975 | 0.8578 | +5.3% |
| 1976 | 0.9143 | +6.6% |
| 1977 | 0.939 | +2.7% |
| 1978 | 0.948 | +1.0% |
| 1979 | 0.9598 | +1.2% |
| 1980 | 0.9615 | +0.2% |
| 1981 | 0.9308 | -3.2% |
| 1982 | 0.9474 | +1.8% |
| 1983 | 0.9803 | +3.5% |
| 1984 | 1.01 | +2.6% |
| 1985 | 0.9763 | -3.0% |
| 1986 | 0.9799 | +0.4% |
| 1987 | 0.9619 | -1.8% |
| 1988 | 0.9345 | -2.8% |
| 1989 | 0.8613 | -7.8% |
| 1990 | 0.8133 | -5.6% |
| 1991 | 0.7108 | -12.6% |
| 1992 | 0.6522 | -8.2% |
| 1993 | 0.6634 | +1.7% |
| 1994 | 0.6846 | +3.2% |
| 1995 | 0.7196 | +5.1% |
| 1996 | 0.7322 | +1.7% |
| 1997 | 0.6896 | -5.8% |
| 1998 | 0.6744 | -2.2% |
| 1999 | 0.6706 | -0.6% |
| 2000 | 0.6819 | +1.7% |
| 2001 | 0.7094 | +4.0% |
| 2002 | 0.7733 | +9.0% |
| 2003 | 0.7981 | +3.2% |
| 2004 | 0.8525 | +6.8% |
| 2005 | 0.878 | +3.0% |
| 2006 | 0.9128 | +4.0% |
| 2007 | 0.9142 | +0.2% |
| 2008 | 0.9373 | +2.5% |
| 2009 | 0.874 | -6.7% |
| 2010 | 0.8408 | -3.8% |
| 2011 | 0.8627 | +2.6% |
| 2012 | 0.8636 | +0.1% |
| 2013 | 0.8519 | -1.4% |
| 2014 | 0.8661 | +1.7% |
| 2015 | 0.8786 | +1.4% |
| 2016 | 0.8835 | +0.6% |
| 2017 | 0.9296 | +5.2% |
| 2018 | 0.9668 | +4.0% |
| 2019 | 0.9761 | +1.0% |
| 2020 | 0.9418 | -3.5% |
| 2021 | 1 | +6.2% |
| 2022 | 1.02 | +1.8% |
| 2023 | 1.01 | -0.7% |
Romania compared with similar countries
- Romania's 1.01 is above the median for high income countries, which is 0.994, 1.0× the median. (52 countries reporting)
- Romania's 1.01 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 |
|---|---|---|---|---|
| 1960s | 0.5486 | 0.4928 | 0.5981 | 6 |
| 1970s | 0.822 | 0.6305 | 0.9598 | 10 |
| 1980s | 0.954 | 0.8613 | 1.01 | 10 |
| 1990s | 0.7011 | 0.6522 | 0.8133 | 10 |
| 2000s | 0.8332 | 0.6819 | 0.9373 | 10 |
| 2010s | 0.892 | 0.8408 | 0.9761 | 10 |
| 2020s | 0.9924 | 0.9418 | 1.02 | 4 |
Countries ranked near Romania
More economy & growth data for Romania
- Real gdp growth, annual growth rate -27.4 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 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 0.0088 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 197.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0197 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0064 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 144.02 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is total factor productivity in Romania?
- Total factor productivity in Romania was 1.01 in 2023, according to Our World in Data.
- What is the highest total factor productivity recorded in Romania?
- The highest recorded value was 1.02 in 2022.
- What is the lowest total factor productivity recorded in Romania?
- The lowest recorded value was 0.4928 in 1964.
- How does Romania rank for total factor productivity?
- Romania ranks 34th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Romania?
- Over the last ten years it is up 18.6%. The long-run trend across the full record is rising.
- Where does this Romania 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 — 60 observations, free to reuse under CC BY 4.0 (Our World in Data).