Total factor productivity in South Africa

South Africa: Total factor productivity was 0.9273 in 2023. β–² Rising

Latest (2023)
0.9273
Change on year
down 4.1%
World rank
114th
of 120 countries
All-time high
1.13
in 1981
All-time low
0.7718
in 1954
Years of data
70
1954–2023

Total factor productivity in South Africa, 1954–2023

00.250.50.7511.2195419882023

Source: Our World in Data.

Analysis

In 2023, total factor productivity in South Africa stood at 0.9273.

That represents a change of down 4.1% on the previous year and down 10.7% over ten years.

Over the whole period, total factor productivity in South Africa peaked at 1.13 in 1981 and was at its lowest, 0.7718, in 1954.

South Africa ranks 114th of 120 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 70 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1950s 0.7963 0.7718 0.8206 6
1960s 0.9424 0.8257 1.04 10
1970s 1.07 1.05 1.1 10
1980s 1.04 0.9816 1.13 10
1990s 0.9543 0.939 0.9731 10
2000s 1.04 0.9621 1.09 10
2010s 1.01 0.9494 1.05 10
2020s 0.9727 0.9273 1 4

Countries ranked near South Africa

  1. 111 Qatar 0.9318 compare
  2. 112 Gabon 0.9299 compare
  3. 113 Chile 0.929 compare
  4. 115 Senegal 0.9259 compare
  5. 116 Estonia 0.9057 compare
  6. 117 Kuwait 0.9009 compare

See the full ranking of 120 places β†’

More economy & growth data for South Africa

All data for South Africa β†’

Frequently asked questions

What is total factor productivity in South Africa?
Total factor productivity in South Africa was 0.9273 in 2023, according to Our World in Data.
What is the highest total factor productivity recorded in South Africa?
The highest recorded value was 1.13 in 1981.
What is the lowest total factor productivity recorded in South Africa?
The lowest recorded value was 0.7718 in 1954.
How does South Africa rank for total factor productivity?
South Africa ranks 114th out of 120 countries with data for 2023.
Is total factor productivity rising or falling in South Africa?
Over the last ten years it is down 10.7%. The long-run trend across the full record is rising.
Where does this South Africa 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 Β· JSON β€” 70 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Total factor productivity
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 6,892 data points, 1954–2023
Last refreshed