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
Source: 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.
Total factor productivity in United States, year by year
| Year | Value | Change |
|---|---|---|
| 1954 | 0.6365 | — |
| 1955 | 0.6578 | +3.4% |
| 1956 | 0.6543 | -0.5% |
| 1957 | 0.6616 | +1.1% |
| 1958 | 0.6632 | +0.2% |
| 1959 | 0.682 | +2.8% |
| 1960 | 0.6853 | +0.5% |
| 1961 | 0.6919 | +1.0% |
| 1962 | 0.707 | +2.2% |
| 1963 | 0.7175 | +1.5% |
| 1964 | 0.7285 | +1.5% |
| 1965 | 0.7406 | +1.7% |
| 1966 | 0.7522 | +1.6% |
| 1967 | 0.7488 | -0.4% |
| 1968 | 0.759 | +1.4% |
| 1969 | 0.7542 | -0.6% |
| 1970 | 0.7508 | -0.5% |
| 1971 | 0.7632 | +1.7% |
| 1972 | 0.7732 | +1.3% |
| 1973 | 0.7823 | +1.2% |
| 1974 | 0.7604 | -2.8% |
| 1975 | 0.7605 | +0.0% |
| 1976 | 0.7748 | +1.9% |
| 1977 | 0.7791 | +0.5% |
| 1978 | 0.7828 | +0.5% |
| 1979 | 0.7762 | -0.8% |
| 1980 | 0.7618 | -1.9% |
| 1981 | 0.7659 | +0.5% |
| 1982 | 0.7504 | -2.0% |
| 1983 | 0.7646 | +1.9% |
| 1984 | 0.7806 | +2.1% |
| 1985 | 0.7865 | +0.8% |
| 1986 | 0.7944 | +1.0% |
| 1987 | 0.7946 | +0.0% |
| 1988 | 0.802 | +0.9% |
| 1989 | 0.806 | +0.5% |
| 1990 | 0.8092 | +0.4% |
| 1991 | 0.8056 | -0.5% |
| 1992 | 0.8243 | +2.3% |
| 1993 | 0.8245 | +0.0% |
| 1994 | 0.8291 | +0.6% |
| 1995 | 0.8281 | -0.1% |
| 1996 | 0.8369 | +1.1% |
| 1997 | 0.8457 | +1.1% |
| 1998 | 0.8559 | +1.2% |
| 1999 | 0.8693 | +1.6% |
| 2000 | 0.8793 | +1.2% |
| 2001 | 0.8805 | +0.1% |
| 2002 | 0.8919 | +1.3% |
| 2003 | 0.9072 | +1.7% |
| 2004 | 0.922 | +1.6% |
| 2005 | 0.9304 | +0.9% |
| 2006 | 0.9288 | -0.2% |
| 2007 | 0.9277 | -0.1% |
| 2008 | 0.9233 | -0.5% |
| 2009 | 0.925 | +0.2% |
| 2010 | 0.9405 | +1.7% |
| 2011 | 0.9383 | -0.2% |
| 2012 | 0.9397 | +0.2% |
| 2013 | 0.9419 | +0.2% |
| 2014 | 0.944 | +0.2% |
| 2015 | 0.9488 | +0.5% |
| 2016 | 0.9484 | -0.0% |
| 2017 | 0.9534 | +0.5% |
| 2018 | 0.9582 | +0.5% |
| 2019 | 0.9643 | +0.6% |
| 2020 | 0.9731 | +0.9% |
| 2021 | 1 | +2.8% |
| 2022 | 0.984 | -1.6% |
| 2023 | 0.993 | +0.9% |
United States compared with similar countries
- United States's 0.993 is below the median for high income countries, which is 0.994, 100% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for United States
- Real gdp growth, annual growth rate -24.2 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.26 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0057 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 509.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.7205 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0041 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 371.72 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 0.9623 % change on previous year (2025)
Frequently asked questions
- What is total factor productivity in United States?
- Total factor productivity in United States was 0.993 in 2023, according to 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 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).