Total factor productivity in United States

United States: Total factor productivity was 0.993 in 2023. ▲ Rising

Latest (2023)
0.993
Change on year
up 0.9%
World rank
61st
of 120 countries
All-time high
1
in 2021
All-time low
0.6365
in 1954
Years of data
70
1954–2023

Total factor productivity in United States, 1954–2023

00.20.40.60.81195419882023

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

Analysis

United States recorded 0.993 for total factor productivity in 2023.

Compared with earlier readings it is up 0.9% on the previous year and up 5.4% over ten years.

Over the whole period, total factor productivity in United States peaked at 1 in 2021 and was at its lowest, 0.6365, in 1954.

United States ranks 61st of 120 countries on this measure, 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 0.6592 0.6365 0.682 6
1960s 0.7285 0.6853 0.759 10
1970s 0.7703 0.7508 0.7828 10
1980s 0.7807 0.7504 0.806 10
1990s 0.8329 0.8056 0.8693 10
2000s 0.9116 0.8793 0.9304 10
2010s 0.9477 0.9383 0.9643 10
2020s 0.9875 0.9731 1 4

Countries ranked near United States

  1. 58 Germany 0.9942 compare
  2. 59 Serbia 0.9939 compare
  3. 60 Uruguay 0.9938 compare
  4. 62 Kenya 0.9928 compare
  5. 63 Singapore 0.9914 compare
  6. 64 Namibia 0.9912 compare

See the full ranking of 120 places →

More economy & growth data for United States

All data for United States →

Frequently asked questions

What is total factor productivity in United States?
Total factor productivity in United States was 0.993 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 United States?
The highest recorded value was 1 in 2021.
What is the lowest total factor productivity recorded in United States?
The lowest recorded value was 0.6365 in 1954.
How does United States rank for total factor productivity?
United States ranks 61st out of 120 countries with data for 2023.
Is total factor productivity rising or falling in United States?
Over the last ten years it is up 5.4%. The long-run trend across the full record is rising.
Where does this United States 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

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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.