Total factor productivity in Slovakia
Slovakia: Total factor productivity was 0.9642 in 2023. ▲ Rising
Total factor productivity in Slovakia, 1994–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by 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.
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
- External balance on goods and services as a percent of GDP -0.2% (2025)
- Inflation of consumer prices 4.0% (2025)
- GDP per capita 19,966 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 16.2% (2025)
- Gross domestic product (GDP) 108.09 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 19,966 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -358.40 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -387.92 million current US$ (2024)
- Taxes less subsidies on products 14.35 billion current LCU (2025)
Frequently asked questions
- What is total factor productivity in Slovakia?
- Total factor productivity in Slovakia was 0.9642 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 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 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
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.