{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"total-factor-productivity","source":"Feenstra et al. - Penn World Table (2025) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/total-factor-productivity","title":"Total factor productivity","unit":null},"observations":[{"date":"1994-01-01","value":0.437418},{"date":"1995-01-01","value":0.464515},{"date":"1996-01-01","value":0.493881},{"date":"1997-01-01","value":0.500472},{"date":"1998-01-01","value":0.517777},{"date":"1999-01-01","value":0.572174},{"date":"2000-01-01","value":0.616183},{"date":"2001-01-01","value":0.660182},{"date":"2002-01-01","value":0.716425},{"date":"2003-01-01","value":0.753273},{"date":"2004-01-01","value":0.80147},{"date":"2005-01-01","value":0.866007},{"date":"2006-01-01","value":0.904941},{"date":"2007-01-01","value":0.928412},{"date":"2008-01-01","value":0.922019},{"date":"2009-01-01","value":0.922707},{"date":"2010-01-01","value":0.969821},{"date":"2011-01-01","value":1.00916},{"date":"2012-01-01","value":0.993776},{"date":"2013-01-01","value":1.0213},{"date":"2014-01-01","value":0.998882},{"date":"2015-01-01","value":0.960638},{"date":"2016-01-01","value":0.955671},{"date":"2017-01-01","value":0.960775},{"date":"2018-01-01","value":0.974975},{"date":"2019-01-01","value":0.986362},{"date":"2020-01-01","value":0.968618},{"date":"2021-01-01","value":1.0},{"date":"2022-01-01","value":0.972541},{"date":"2023-01-01","value":0.993908}],"summary":{"latest_period":"2023-01-01","latest_value":0.993908,"max":1.0213,"mean":0.828143,"min":0.437418,"of":120,"rank":59,"trend":"rising"}}