Total factor productivity in Uruguay

Uruguay: Total factor productivity was 0.9938 in 2023. ▲ Rising

Latest (2023)
0.9938
Change on year
up 0.0%
World rank
60th
of 120 countries
All-time high
1.05
in 2019
All-time low
0.6731
in 1984
Years of data
70
1954–2023

Total factor productivity in Uruguay, 1954–2023

00.250.50.751195419882023

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

Analysis

The most recent figure for total factor productivity in Uruguay is 0.9938, measured in 2023.

The figure is down 0.6% over ten years.

Over the whole period, total factor productivity in Uruguay peaked at 1.05 in 2019 and was at its lowest, 0.6731, in 1984.

Uruguay ranks 60th 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 0.9162 0.8143 1.01 6
1960s 0.7925 0.754 0.8259 10
1970s 0.8343 0.8029 0.857 10
1980s 0.7528 0.6731 0.8667 10
1990s 0.8293 0.754 0.8675 10
2000s 0.8209 0.7656 0.88 10
2010s 1.01 0.9242 1.05 10
2020s 0.9966 0.9937 1 4

Countries ranked near Uruguay

  1. 57 Indonesia 0.9955 compare
  2. 58 Germany 0.9942 compare
  3. 59 Serbia 0.9939 compare
  4. 61 United States 0.993 compare
  5. 62 Kenya 0.9928 compare
  6. 63 Singapore 0.9914 compare

See the full ranking of 120 places →

More economy & growth data for Uruguay

All data for Uruguay →

Frequently asked questions

What is total factor productivity in Uruguay?
Total factor productivity in Uruguay was 0.9938 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 Uruguay?
The highest recorded value was 1.05 in 2019.
What is the lowest total factor productivity recorded in Uruguay?
The lowest recorded value was 0.6731 in 1984.
How does Uruguay rank for total factor productivity?
Uruguay ranks 60th out of 120 countries with data for 2023.
Is total factor productivity rising or falling in Uruguay?
Over the last ten years it is down 0.6%. The long-run trend across the full record is rising.
Where does this Uruguay 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.