Total factor productivity in Saudi Arabia
Saudi Arabia: Total factor productivity was 0.9467 in 2023. ◆ Volatile
Total factor productivity in Saudi Arabia, 1974–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
Analysis
Saudi Arabia recorded 0.9467 for total factor productivity in 2023. That is the lowest value across all 50 years on record.
The figure is down 4.3% on the previous year and down 28.5% over ten years.
Over the whole period, total factor productivity in Saudi Arabia peaked at 10.72 in 1974 and was at its lowest, 0.9467, in 2023.
That places Saudi Arabia 108th out of 120 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.93 | 5.7 | 10.72 | 6 |
| 1980s | 3.28 | 2.33 | 5.4 | 10 |
| 1990s | 2.34 | 2.08 | 2.55 | 10 |
| 2000s | 1.85 | 1.5 | 2.09 | 10 |
| 2010s | 1.27 | 1.1 | 1.44 | 10 |
| 2020s | 0.9942 | 0.9467 | 1.04 | 4 |
Countries ranked near Saudi Arabia
More economy & growth data for Saudi Arabia
- External balance on goods and services as a percent of GDP 1.6% (2025)
- Inflation of consumer prices 2.1% (2025)
- GDP per capita 25,066 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 15.8% (2025)
- Gross domestic product (GDP) 926.78 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 25,066 constant 2015 US$ (2025)
- DEC alternative conversion factor 3.75 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -245.86 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -65.56 billion current US$ (2025)
- Taxes less subsidies on products 263.97 billion current LCU (2025)
Frequently asked questions
- What is total factor productivity in Saudi Arabia?
- Total factor productivity in Saudi Arabia was 0.9467 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 Saudi Arabia?
- The highest recorded value was 10.72 in 1974.
- What is the lowest total factor productivity recorded in Saudi Arabia?
- The lowest recorded value was 0.9467 in 2023.
- How does Saudi Arabia rank for total factor productivity?
- Saudi Arabia ranks 108th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Saudi Arabia?
- Over the last ten years it is down 28.5%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia 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.
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CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.