Total factor productivity in Russia

Russia: Total factor productivity was 0.9755 in 2023. ▲ Rising

Latest (2023)
0.9755
Change on year
up 0.8%
World rank
86th
of 120 countries
All-time high
1
in 2021
All-time low
0.538
in 1998
Years of data
30
1994–2023

Total factor productivity in Russia, 1994–2023

00.20.40.60.811994200820231994: 0.5611995: 0.551996: 0.5431997: 0.5551998: 0.5381999: 0.5692000: 0.6212001: 0.6512002: 0.6822003: 0.7242004: 0.7692005: 0.8052006: 0.8522007: 0.8982008: 0.9212009: 0.8542010: 0.8762011: 0.92012: 0.9232013: 0.9332014: 0.9362015: 0.9232016: 0.9232017: 0.9372018: 0.9592019: 0.9792020: 0.9812021: 12022: 0.9682023: 0.975

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

Analysis

In 2023, total factor productivity in Russia stood at 0.9755.

The figure is up 0.8% on the previous year and up 4.5% over ten years.

Over the whole period, total factor productivity in Russia peaked at 1 in 2021 and was at its lowest, 0.538, in 1998.

That places Russia 86th 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 30 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5528 0.538 0.5687 6
2000s 0.7777 0.6214 0.9207 10
2010s 0.9289 0.8755 0.9795 10
2020s 0.9812 0.9681 1 4

Countries ranked near Russia

  1. 83 Hong Kong 0.9789 compare
  2. 84 South Korea 0.9769 compare
  3. 85 Brazil 0.9768 compare
  4. 88 Philippines 0.9738 compare
  5. 89 Zimbabwe 0.9731 compare

See the full ranking of 120 places →

More economy & growth data for Russia

All data for Russia →

Frequently asked questions

What is total factor productivity in Russia?
Total factor productivity in Russia was 0.9755 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 Russia?
The highest recorded value was 1 in 2021.
What is the lowest total factor productivity recorded in Russia?
The lowest recorded value was 0.538 in 1998.
How does Russia rank for total factor productivity?
Russia ranks 86th out of 120 countries with data for 2023.
Is total factor productivity rising or falling in Russia?
Over the last ten years it is up 4.5%. The long-run trend across the full record is rising.
Where does this Russia 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 — 30 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

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.