Total factor productivity in Sri Lanka

Sri Lanka: Total factor productivity was 0.8857 in 2023. ▲ Rising

Latest (2023)
0.8857
Change on year
down 2.2%
World rank
118th
of 120 countries
All-time high
1.07
in 2012
All-time low
0.6811
in 1956
Years of data
70
1954–2023

Total factor productivity in Sri Lanka, 1954–2023

00.250.50.751195419882023

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.

Analysis

In 2023, total factor productivity in Sri Lanka stood at 0.8857.

The figure is down 2.2% on the previous year and down 14.3% over ten years.

Over the whole period, total factor productivity in Sri Lanka peaked at 1.07 in 2012 and was at its lowest, 0.6811, in 1956.

That places Sri Lanka 118th out of 120 countries with data for 2023, putting it 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 0.7302 0.6811 0.8017 6
1960s 0.7904 0.7215 0.8527 10
1970s 0.8152 0.7821 0.8783 10
1980s 0.7867 0.7714 0.8014 10
1990s 0.8698 0.8103 0.9168 10
2000s 0.9133 0.8651 0.965 10
2010s 1.04 0.9966 1.07 10
2020s 0.9492 0.8857 1.01 4

Countries ranked near Sri Lanka

  1. 115 Senegal 0.9259 compare
  2. 116 Estonia 0.9057 compare
  3. 117 Kuwait 0.9009 compare
  4. 119 Sudan 0.8534 compare
  5. 120 Ukraine 0.7604 compare

See the full ranking of 120 places →

More economy & growth data for Sri Lanka

All data for Sri Lanka →

Frequently asked questions

What is total factor productivity in Sri Lanka?
Total factor productivity in Sri Lanka was 0.8857 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 Sri Lanka?
The highest recorded value was 1.07 in 2012.
What is the lowest total factor productivity recorded in Sri Lanka?
The lowest recorded value was 0.6811 in 1956.
How does Sri Lanka rank for total factor productivity?
Sri Lanka ranks 118th out of 120 countries with data for 2023.
Is total factor productivity rising or falling in Sri Lanka?
Over the last ten years it is down 14.3%. The long-run trend across the full record is rising.
Where does this Sri Lanka 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

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About this data

Indicator
Total factor productivity
Source
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 6,892 data points, 1954–2023
Last refreshed

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.