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
Source: 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.
Total factor productivity in Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 1954 | 0.7996 | — |
| 1955 | 0.8017 | +0.3% |
| 1956 | 0.6811 | -15.0% |
| 1957 | 0.6857 | +0.7% |
| 1958 | 0.7146 | +4.2% |
| 1959 | 0.6985 | -2.3% |
| 1960 | 0.7215 | +3.3% |
| 1961 | 0.7773 | +7.7% |
| 1962 | 0.751 | -3.4% |
| 1963 | 0.7881 | +4.9% |
| 1964 | 0.7888 | +0.1% |
| 1965 | 0.7831 | -0.7% |
| 1966 | 0.7865 | +0.4% |
| 1967 | 0.827 | +5.2% |
| 1968 | 0.8279 | +0.1% |
| 1969 | 0.8527 | +3.0% |
| 1970 | 0.8783 | +3.0% |
| 1971 | 0.8397 | -4.4% |
| 1972 | 0.8242 | -1.8% |
| 1973 | 0.8164 | -1.0% |
| 1974 | 0.8106 | -0.7% |
| 1975 | 0.8018 | -1.1% |
| 1976 | 0.7925 | -1.2% |
| 1977 | 0.7821 | -1.3% |
| 1978 | 0.8036 | +2.7% |
| 1979 | 0.8027 | -0.1% |
| 1980 | 0.7959 | -0.8% |
| 1981 | 0.7865 | -1.2% |
| 1982 | 0.7777 | -1.1% |
| 1983 | 0.7714 | -0.8% |
| 1984 | 0.7821 | +1.4% |
| 1985 | 0.8014 | +2.5% |
| 1986 | 0.7995 | -0.2% |
| 1987 | 0.7851 | -1.8% |
| 1988 | 0.7856 | +0.1% |
| 1989 | 0.7822 | -0.4% |
| 1990 | 0.8103 | +3.6% |
| 1991 | 0.8259 | +1.9% |
| 1992 | 0.8437 | +2.2% |
| 1993 | 0.8556 | +1.4% |
| 1994 | 0.8784 | +2.7% |
| 1995 | 0.8949 | +1.9% |
| 1996 | 0.8884 | -0.7% |
| 1997 | 0.9168 | +3.2% |
| 1998 | 0.8929 | -2.6% |
| 1999 | 0.8912 | -0.2% |
| 2000 | 0.8843 | -0.8% |
| 2001 | 0.8651 | -2.2% |
| 2002 | 0.8952 | +3.5% |
| 2003 | 0.9102 | +1.7% |
| 2004 | 0.8769 | -3.7% |
| 2005 | 0.8818 | +0.6% |
| 2006 | 0.9376 | +6.3% |
| 2007 | 0.965 | +2.9% |
| 2008 | 0.9528 | -1.3% |
| 2009 | 0.964 | +1.2% |
| 2010 | 0.9966 | +3.4% |
| 2011 | 1.04 | +4.4% |
| 2012 | 1.07 | +2.4% |
| 2013 | 1.03 | -3.0% |
| 2014 | 1.05 | +1.3% |
| 2015 | 1.06 | +1.0% |
| 2016 | 1.04 | -1.3% |
| 2017 | 1.04 | -0.5% |
| 2018 | 1.03 | -0.2% |
| 2019 | 1.01 | -2.8% |
| 2020 | 1.01 | -0.0% |
| 2021 | 1 | -0.6% |
| 2022 | 0.9055 | -9.5% |
| 2023 | 0.8857 | -2.2% |
Sri Lanka compared with similar countries
- Sri Lanka's 0.8857 is below the median for upper middle income countries, which is 0.9902, 89% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Sri Lanka
- Real gdp growth, annual growth rate 314.98 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -8.07 Percent per annum (2022)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP -7.82 Percent per annum (2022)
- SDRs holdings, US dollar, annual growth rate -66.71 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.0483 units per person (2025)
- SDRs holdings, SDR, annual growth rate -68.3 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.0353 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 33.41 % change on previous year (2025)
Frequently asked questions
- What is total factor productivity in Sri Lanka?
- Total factor productivity in Sri Lanka was 0.8857 in 2023, according to 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 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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