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

00.250.50.751195419882023

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

Averages by decade

DecadeAverage LowestHighest 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

  1. 37 Japan 1 compare
  2. 38 Nicaragua 1 compare
  3. 39 Belgium 1 compare
  4. 41 Latvia 1 compare
  5. 42 Bolivia 1 compare
  6. 43 Austria 1 compare

See the full ranking of 120 places →

More economy & growth data for Switzerland

All data for Switzerland →

Frequently asked questions

What is total factor productivity in Switzerland?
Total factor productivity in Switzerland was 1 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 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 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 — 70 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.