Total factor productivity in United Kingdom
United Kingdom: Total factor productivity was 0.9985 in 2023. ▲ Rising
Latest (2023)
0.9985
Change on year
down 1.2%
World rank
49th
of 120 countries
All-time high
1.06
in 2007
All-time low
0.7268
in 1958
Years of data
70
1954–2023
Total factor productivity in United Kingdom, 1954–2023
Source: Our World in Data.
Analysis
The most recent figure for total factor productivity in United Kingdom is 0.9985, measured in 2023.
That represents a change of down 1.2% on the previous year and down 0.9% over ten years.
Over the whole period, total factor productivity in United Kingdom peaked at 1.06 in 2007 and was at its lowest, 0.7268, in 1958.
That places United Kingdom 49th 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 United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 1954 | 0.7443 | — |
| 1955 | 0.7424 | -0.3% |
| 1956 | 0.7313 | -1.5% |
| 1957 | 0.7273 | -0.5% |
| 1958 | 0.7268 | -0.1% |
| 1959 | 0.7418 | +2.1% |
| 1960 | 0.7466 | +0.6% |
| 1961 | 0.7452 | -0.2% |
| 1962 | 0.7489 | +0.5% |
| 1963 | 0.7623 | +1.8% |
| 1964 | 0.7744 | +1.6% |
| 1965 | 0.7722 | -0.3% |
| 1966 | 0.7796 | +1.0% |
| 1967 | 0.7862 | +0.8% |
| 1968 | 0.8252 | +5.0% |
| 1969 | 0.8017 | -2.8% |
| 1970 | 0.813 | +1.4% |
| 1971 | 0.8419 | +3.5% |
| 1972 | 0.8527 | +1.3% |
| 1973 | 0.8779 | +3.0% |
| 1974 | 0.8431 | -4.0% |
| 1975 | 0.829 | -1.7% |
| 1976 | 0.8452 | +2.0% |
| 1977 | 0.8489 | +0.4% |
| 1978 | 0.8661 | +2.0% |
| 1979 | 0.8787 | +1.5% |
| 1980 | 0.8613 | -2.0% |
| 1981 | 0.8723 | +1.3% |
| 1982 | 0.8914 | +2.2% |
| 1983 | 0.9228 | +3.5% |
| 1984 | 0.9145 | -0.9% |
| 1985 | 0.9275 | +1.4% |
| 1986 | 0.9386 | +1.2% |
| 1987 | 0.9579 | +2.1% |
| 1988 | 0.9677 | +1.0% |
| 1989 | 0.9512 | -1.7% |
| 1990 | 0.9362 | -1.6% |
| 1991 | 0.9316 | -0.5% |
| 1992 | 0.9349 | +0.4% |
| 1993 | 0.9491 | +1.5% |
| 1994 | 0.9594 | +1.1% |
| 1995 | 0.9577 | -0.2% |
| 1996 | 0.9564 | -0.1% |
| 1997 | 0.9762 | +2.1% |
| 1998 | 0.9849 | +0.9% |
| 1999 | 0.9912 | +0.6% |
| 2000 | 1.01 | +2.2% |
| 2001 | 1.02 | +0.3% |
| 2002 | 1.02 | +0.5% |
| 2003 | 1.04 | +1.5% |
| 2004 | 1.04 | +0.5% |
| 2005 | 1.05 | +0.6% |
| 2006 | 1.05 | +0.5% |
| 2007 | 1.06 | +0.6% |
| 2008 | 1.04 | -1.8% |
| 2009 | 1 | -3.8% |
| 2010 | 1.01 | +0.9% |
| 2011 | 1.01 | +0.3% |
| 2012 | 1.01 | -0.4% |
| 2013 | 1.01 | -0.1% |
| 2014 | 1.01 | +0.6% |
| 2015 | 1.02 | +0.2% |
| 2016 | 1.02 | -0.0% |
| 2017 | 1.02 | +0.8% |
| 2018 | 1.02 | -0.2% |
| 2019 | 1.02 | -0.4% |
| 2020 | 0.9727 | -4.5% |
| 2021 | 1 | +2.8% |
| 2022 | 1.01 | +1.0% |
| 2023 | 0.9985 | -1.2% |
United Kingdom compared with similar countries
- United Kingdom's 0.9985 is above the median for high income countries, which is 0.994, 1.0× the median. (52 countries reporting)
- United Kingdom's 0.9985 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 | 0.7357 | 0.7268 | 0.7443 | 6 |
| 1960s | 0.7742 | 0.7452 | 0.8252 | 10 |
| 1970s | 0.8496 | 0.813 | 0.8787 | 10 |
| 1980s | 0.9205 | 0.8613 | 0.9677 | 10 |
| 1990s | 0.9578 | 0.9316 | 0.9912 | 10 |
| 2000s | 1.03 | 1 | 1.06 | 10 |
| 2010s | 1.02 | 1.01 | 1.02 | 10 |
| 2020s | 0.9954 | 0.9727 | 1.01 | 4 |
Countries ranked near United Kingdom
More economy & growth data for United Kingdom
- Real gdp growth, annual growth rate 21.6 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 1.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 571.28 units per person (2025)
- SDRs holdings, SDR, annual growth rate -3.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0072 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 417.14 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.15 % change on previous year (2025)
Frequently asked questions
- What is total factor productivity in United Kingdom?
- Total factor productivity in United Kingdom was 0.9985 in 2023, according to Our World in Data.
- What is the highest total factor productivity recorded in United Kingdom?
- The highest recorded value was 1.06 in 2007.
- What is the lowest total factor productivity recorded in United Kingdom?
- The lowest recorded value was 0.7268 in 1958.
- How does United Kingdom rank for total factor productivity?
- United Kingdom ranks 49th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in United Kingdom?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is rising.
- Where does this United Kingdom 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).