Total factor productivity in Slovakia
Slovakia: Total factor productivity was 0.9642 in 2023. ▲ Rising
Latest (2023)
0.9642
Change on year
down 1.1%
World rank
101st
of 120 countries
All-time high
1
in 2021
All-time low
0.607
in 1994
Years of data
30
1994–2023
Total factor productivity in Slovakia, 1994–2023
Source: Our World in Data.
Analysis
The most recent figure for total factor productivity in Slovakia is 0.9642, measured in 2023.
The figure is down 1.1% on the previous year and up 9.3% over ten years.
Over the whole period, total factor productivity in Slovakia peaked at 1 in 2021 and was at its lowest, 0.607, in 1994.
Slovakia ranks 101st of 120 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Total factor productivity in Slovakia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 0.607 | — |
| 1995 | 0.6242 | +2.8% |
| 1996 | 0.6465 | +3.6% |
| 1997 | 0.6653 | +2.9% |
| 1998 | 0.6732 | +1.2% |
| 1999 | 0.6688 | -0.7% |
| 2000 | 0.678 | +1.4% |
| 2001 | 0.6835 | +0.8% |
| 2002 | 0.7089 | +3.7% |
| 2003 | 0.7391 | +4.3% |
| 2004 | 0.7558 | +2.3% |
| 2005 | 0.773 | +2.3% |
| 2006 | 0.8156 | +5.5% |
| 2007 | 0.8685 | +6.5% |
| 2008 | 0.8788 | +1.2% |
| 2009 | 0.8334 | -5.2% |
| 2010 | 0.8751 | +5.0% |
| 2011 | 0.8687 | -0.7% |
| 2012 | 0.8789 | +1.2% |
| 2013 | 0.8821 | +0.4% |
| 2014 | 0.8929 | +1.2% |
| 2015 | 0.9076 | +1.6% |
| 2016 | 0.905 | -0.3% |
| 2017 | 0.9169 | +1.3% |
| 2018 | 0.9342 | +1.9% |
| 2019 | 0.9413 | +0.8% |
| 2020 | 0.9573 | +1.7% |
| 2021 | 1 | +4.5% |
| 2022 | 0.9749 | -2.5% |
| 2023 | 0.9642 | -1.1% |
Slovakia compared with similar countries
- Slovakia's 0.9642 is below the median for high income countries, which is 0.994, 97% of the median. (52 countries reporting)
- Slovakia's 0.9642 is below the median for Europe & Central Asia, which is 0.9969, 97% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6475 | 0.607 | 0.6732 | 6 |
| 2000s | 0.7734 | 0.678 | 0.8788 | 10 |
| 2010s | 0.9003 | 0.8687 | 0.9413 | 10 |
| 2020s | 0.9741 | 0.9573 | 1 | 4 |
Countries ranked near Slovakia
More economy & growth data for Slovakia
- Real gdp growth, annual growth rate -58.38 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 3.49 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 331.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.45 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 242.3 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.32 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0066 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 187.52 units per person (2025)
Frequently asked questions
- What is total factor productivity in Slovakia?
- Total factor productivity in Slovakia was 0.9642 in 2023, according to Our World in Data.
- What is the highest total factor productivity recorded in Slovakia?
- The highest recorded value was 1 in 2021.
- What is the lowest total factor productivity recorded in Slovakia?
- The lowest recorded value was 0.607 in 1994.
- How does Slovakia rank for total factor productivity?
- Slovakia ranks 101st out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Slovakia?
- Over the last ten years it is up 9.3%. The long-run trend across the full record is rising.
- Where does this Slovakia 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 — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).