Total factor productivity in Taiwan
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
1
in 2021
All-time low
0.211
in 1955
Years of data
69
1955–2023
Total factor productivity in Taiwan, 1955–2023
Source: 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.
Total factor productivity in Taiwan, year by year
| Year | Value | Change |
|---|---|---|
| 1955 | 0.211 | — |
| 1956 | 0.2151 | +1.9% |
| 1957 | 0.2231 | +3.7% |
| 1958 | 0.2303 | +3.2% |
| 1959 | 0.2388 | +3.7% |
| 1960 | 0.2436 | +2.0% |
| 1961 | 0.248 | +1.8% |
| 1962 | 0.2582 | +4.1% |
| 1963 | 0.2723 | +5.5% |
| 1964 | 0.2969 | +9.0% |
| 1965 | 0.3205 | +8.0% |
| 1966 | 0.3318 | +3.5% |
| 1967 | 0.3407 | +2.7% |
| 1968 | 0.3467 | +1.8% |
| 1969 | 0.3541 | +2.1% |
| 1970 | 0.3667 | +3.6% |
| 1971 | 0.3853 | +5.1% |
| 1972 | 0.4039 | +4.8% |
| 1973 | 0.4123 | +2.1% |
| 1974 | 0.3954 | -4.1% |
| 1975 | 0.4004 | +1.3% |
| 1976 | 0.4282 | +6.9% |
| 1977 | 0.4399 | +2.7% |
| 1978 | 0.4629 | +5.2% |
| 1979 | 0.4633 | +0.1% |
| 1980 | 0.4714 | +1.8% |
| 1981 | 0.4761 | +1.0% |
| 1982 | 0.4773 | +0.3% |
| 1983 | 0.4899 | +2.6% |
| 1984 | 0.5084 | +3.8% |
| 1985 | 0.5132 | +0.9% |
| 1986 | 0.5375 | +4.7% |
| 1987 | 0.5632 | +4.8% |
| 1988 | 0.5844 | +3.8% |
| 1989 | 0.6047 | +3.5% |
| 1990 | 0.6122 | +1.2% |
| 1991 | 0.6345 | +3.7% |
| 1992 | 0.6469 | +2.0% |
| 1993 | 0.6544 | +1.2% |
| 1994 | 0.6785 | +3.7% |
| 1995 | 0.6834 | +0.7% |
| 1996 | 0.7144 | +4.5% |
| 1997 | 0.7393 | +3.5% |
| 1998 | 0.7287 | -1.4% |
| 1999 | 0.7494 | +2.8% |
| 2000 | 0.7622 | +1.7% |
| 2001 | 0.7598 | -0.3% |
| 2002 | 0.7802 | +2.7% |
| 2003 | 0.7847 | +0.6% |
| 2004 | 0.7973 | +1.6% |
| 2005 | 0.8093 | +1.5% |
| 2006 | 0.825 | +1.9% |
| 2007 | 0.8497 | +3.0% |
| 2008 | 0.8371 | -1.5% |
| 2009 | 0.8275 | -1.2% |
| 2010 | 0.8829 | +6.7% |
| 2011 | 0.8901 | +0.8% |
| 2012 | 0.892 | +0.2% |
| 2013 | 0.896 | +0.5% |
| 2014 | 0.9187 | +2.5% |
| 2015 | 0.9127 | -0.7% |
| 2016 | 0.9148 | +0.2% |
| 2017 | 0.9268 | +1.3% |
| 2018 | 0.9349 | +0.9% |
| 2019 | 0.9454 | +1.1% |
| 2020 | 0.9733 | +3.0% |
| 2021 | 1 | +2.7% |
| 2022 | 0.99 | -1.0% |
| 2023 | 0.9869 | -0.3% |
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
More economy & growth data for Taiwan
- Real gdp growth, annual growth rate 64.72 % change on previous year (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0318 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0232 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 43.05 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 31.44 (2025)
- Gross Domestic Product, GDP in millions constant 2021 international $ 1.73 million (2027)
- Tax revenues vs electoral democracy index 0.801 (2025)
- Human rights index vs gdp per capita 0.93 (2025)
- Gross Domestic Product, GDP in millions constant 2021 international $ 2.52 % change on previous year (2027)
- Foreign aid received per capita vs gdp per capita 0.39 (1996)
Frequently asked questions
- What is total factor productivity in Taiwan?
- Total factor productivity in Taiwan was 0.9869 in 2023, according to 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 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).