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: 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.
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
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 422.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,235 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 400.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.83 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.013 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,172 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 52.24 % 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 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
CSV · JSON — 70 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.