What is total factor productivity in Taiwan?

Total factor productivity in Taiwan was 0.9869 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 Taiwan?

The highest recorded value was 1 in 2021.

What is the lowest total factor productivity recorded in Taiwan?

The lowest recorded value was 0.211 in 1955.

How does Taiwan rank for total factor productivity?

Taiwan ranks 70th out of 120 countries with data for 2023.

Is total factor productivity rising or falling in Taiwan?

Over the last ten years it is up 10.1%. The long-run trend across the full record is rising.

Where does this Taiwan 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.

Total factor productivity in Taiwan

Name: Total factor productivity in Taiwan
Creator: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
License: CC BY 4.0 (Our World in Data)

Taiwan: Total factor productivity was 0.9869 in 2023. ▲ Rising

Latest (2023)

0.9869

Change on year

down 0.3%

World rank

70th

of 120 countries

All-time high

in 2021

All-time low

0.211

in 1955

Years of data

1955–2023

Total factor productivity in Taiwan, 1955–2023

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

Analysis

Taiwan recorded 0.9869 for total factor productivity in 2023.

Compared with earlier readings it is down 0.3% on the previous year and up 10.1% over ten years.

Over the whole period, total factor productivity in Taiwan peaked at 1 in 2021 and was at its lowest, 0.211, in 1955.

Taiwan ranks 70th of 120 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 69 years of available data.

Averages by decade

Decade	Average	Lowest	Highest	Years
1950s	0.2237	0.211	0.2388	5
1960s	0.3013	0.2436	0.3541	10
1970s	0.4158	0.3667	0.4633	10
1980s	0.5226	0.4714	0.6047	10
1990s	0.6842	0.6122	0.7494	10
2000s	0.8033	0.7598	0.8497	10
2010s	0.9114	0.8829	0.9454	10
2020s	0.9876	0.9733	1	4

Countries ranked near Taiwan

67 Mozambique 0.988 compare
68 Laos 0.9878 compare
69 Nigeria 0.9877 compare
71 Italy 0.9869 compare
72 Colombia 0.9832 compare
73 Central African Republic 0.983 compare

See the full ranking of 120 places →

More economy & growth data for Taiwan

Tax revenue vs. Electoral Democracy Index 0.801 (2025)
Human Rights Index vs. GDP per capita 0.93 (2025)
Foreign aid received per capita vs. GDP per capita 0.39 constant 2024 US$ (1996)
Net trade of food products as a share of domestic supply -61.2% (2023)
Animal protein consumption 7.78 grams of protein per day per capita (2023)
Cocoa bean consumption per person 0.67 kilograms per year per capita (2023)
Vegetable supply per person vs. GDP per capita 120.82 kilograms per year per capita (2023)
Fruit consumption by type 0.01 kilograms per year per capita (2023)
Per capita egg consumption 14.05 kilograms per year per capita (2023)
Fruit consumption vs. GDP per capita 94.38 kilograms per year per capita (2023)

All data for Taiwan →

Frequently asked questions

What is total factor productivity in Taiwan?: Total factor productivity in Taiwan was 0.9869 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 Taiwan?: The highest recorded value was 1 in 2021.
What is the lowest total factor productivity recorded in Taiwan?: The lowest recorded value was 0.211 in 1955.
How does Taiwan rank for total factor productivity?: Taiwan ranks 70th out of 120 countries with data for 2023.
Is total factor productivity rising or falling in Taiwan?: Over the last ten years it is up 10.1%. The long-run trend across the full record is rising.
Where does this Taiwan 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 — 69 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: 07 August 2026

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.