Total factor productivity in Switzerland
Switzerland: Total factor productivity was 1 in 2023. ▲ Rising
Latest (2023)
1
Change on year
down 0.8%
World rank
40th
of 120 countries
All-time high
1.01
in 2022
All-time low
0.7283
in 1954
Years of data
70
1954–2023
Total factor productivity in Switzerland, 1954–2023
Source: Our World in Data.
Analysis
Switzerland recorded 1 for total factor productivity in 2023.
That represents a change of down 0.8% on the previous year and up 3.9% over ten years.
Over the whole period, total factor productivity in Switzerland peaked at 1.01 in 2022 and was at its lowest, 0.7283, in 1954.
That places Switzerland 40th out of 120 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 70 years of available data.
Total factor productivity in Switzerland, year by year
| Year | Value | Change |
|---|---|---|
| 1954 | 0.7283 | — |
| 1955 | 0.7583 | +4.1% |
| 1956 | 0.7816 | +3.1% |
| 1957 | 0.7886 | +0.9% |
| 1958 | 0.7706 | -2.3% |
| 1959 | 0.8105 | +5.2% |
| 1960 | 0.8384 | +3.4% |
| 1961 | 0.8568 | +2.2% |
| 1962 | 0.853 | -0.4% |
| 1963 | 0.8637 | +1.3% |
| 1964 | 0.8775 | +1.6% |
| 1965 | 0.8904 | +1.5% |
| 1966 | 0.897 | +0.7% |
| 1967 | 0.9033 | +0.7% |
| 1968 | 0.9149 | +1.3% |
| 1969 | 0.9383 | +2.6% |
| 1970 | 0.9648 | +2.8% |
| 1971 | 0.9761 | +1.2% |
| 1972 | 0.9841 | +0.8% |
| 1973 | 0.9944 | +1.0% |
| 1974 | 0.9996 | +0.5% |
| 1975 | 0.9465 | -5.3% |
| 1976 | 0.943 | -0.4% |
| 1977 | 0.9657 | +2.4% |
| 1978 | 0.9599 | -0.6% |
| 1979 | 0.9704 | +1.1% |
| 1980 | 0.9906 | +2.1% |
| 1981 | 0.9843 | -0.6% |
| 1982 | 0.9609 | -2.4% |
| 1983 | 0.9599 | -0.1% |
| 1984 | 0.9767 | +1.8% |
| 1985 | 0.988 | +1.2% |
| 1986 | 0.9789 | -0.9% |
| 1987 | 0.9637 | -1.6% |
| 1988 | 0.9621 | -0.2% |
| 1989 | 0.975 | +1.3% |
| 1990 | 0.9764 | +0.1% |
| 1991 | 0.9232 | -5.4% |
| 1992 | 0.9196 | -0.4% |
| 1993 | 0.9187 | -0.1% |
| 1994 | 0.9201 | +0.1% |
| 1995 | 0.9232 | +0.3% |
| 1996 | 0.928 | +0.5% |
| 1997 | 0.9417 | +1.5% |
| 1998 | 0.9433 | +0.2% |
| 1999 | 0.9298 | -1.4% |
| 2000 | 0.947 | +1.8% |
| 2001 | 0.9516 | +0.5% |
| 2002 | 0.9426 | -1.0% |
| 2003 | 0.9296 | -1.4% |
| 2004 | 0.9307 | +0.1% |
| 2005 | 0.9408 | +1.1% |
| 2006 | 0.9552 | +1.5% |
| 2007 | 0.9649 | +1.0% |
| 2008 | 0.9652 | +0.0% |
| 2009 | 0.9331 | -3.3% |
| 2010 | 0.9658 | +3.5% |
| 2011 | 0.9573 | -0.9% |
| 2012 | 0.9543 | -0.3% |
| 2013 | 0.9644 | +1.1% |
| 2014 | 0.9696 | +0.5% |
| 2015 | 0.962 | -0.8% |
| 2016 | 0.9626 | +0.1% |
| 2017 | 0.9661 | +0.4% |
| 2018 | 0.9799 | +1.4% |
| 2019 | 0.978 | -0.2% |
| 2020 | 0.9741 | -0.4% |
| 2021 | 1 | +2.7% |
| 2022 | 1.01 | +1.0% |
| 2023 | 1 | -0.8% |
Switzerland compared with similar countries
- Switzerland's 1 is above the median for high income countries, which is 0.994, 1.0× the median. (52 countries reporting)
- Switzerland's 1 is above the median for Europe & Central Asia, which is 0.9969, 1.0× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 0.773 | 0.7283 | 0.8105 | 6 |
| 1960s | 0.8833 | 0.8384 | 0.9383 | 10 |
| 1970s | 0.9704 | 0.943 | 0.9996 | 10 |
| 1980s | 0.974 | 0.9599 | 0.9906 | 10 |
| 1990s | 0.9324 | 0.9187 | 0.9764 | 10 |
| 2000s | 0.9461 | 0.9296 | 0.9652 | 10 |
| 2010s | 0.966 | 0.9543 | 0.9799 | 10 |
| 2020s | 0.9965 | 0.9741 | 1.01 | 4 |
Countries ranked near Switzerland
More economy & growth data for Switzerland
- Real gdp growth, annual growth rate -8.42 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6894 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.2 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.64 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,418 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5961 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,035 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.31 % change on previous year (2025)
Frequently asked questions
- What is total factor productivity in Switzerland?
- Total factor productivity in Switzerland was 1 in 2023, according to Our World in Data.
- What is the highest total factor productivity recorded in Switzerland?
- The highest recorded value was 1.01 in 2022.
- What is the lowest total factor productivity recorded in Switzerland?
- The lowest recorded value was 0.7283 in 1954.
- How does Switzerland rank for total factor productivity?
- Switzerland ranks 40th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Switzerland?
- Over the last ten years it is up 3.9%. The long-run trend across the full record is rising.
- Where does this Switzerland 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 — 70 observations, free to reuse under CC BY 4.0 (Our World in Data).