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
Source: 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.
Total factor productivity in Uruguay, year by year
| Year | Value | Change |
|---|---|---|
| 1954 | 1.01 | — |
| 1955 | 0.965 | -4.8% |
| 1956 | 0.9255 | -4.1% |
| 1957 | 0.9166 | -1.0% |
| 1958 | 0.862 | -6.0% |
| 1959 | 0.8143 | -5.5% |
| 1960 | 0.8259 | +1.4% |
| 1961 | 0.8113 | -1.8% |
| 1962 | 0.7777 | -4.1% |
| 1963 | 0.754 | -3.1% |
| 1964 | 0.7771 | +3.1% |
| 1965 | 0.7749 | -0.3% |
| 1966 | 0.8108 | +4.6% |
| 1967 | 0.782 | -3.6% |
| 1968 | 0.7892 | +0.9% |
| 1969 | 0.8221 | +4.2% |
| 1970 | 0.8417 | +2.4% |
| 1971 | 0.8287 | -1.6% |
| 1972 | 0.8066 | -2.7% |
| 1973 | 0.8029 | -0.4% |
| 1974 | 0.8236 | +2.6% |
| 1975 | 0.8568 | +4.0% |
| 1976 | 0.857 | +0.0% |
| 1977 | 0.8336 | -2.7% |
| 1978 | 0.8408 | +0.9% |
| 1979 | 0.8517 | +1.3% |
| 1980 | 0.8667 | +1.8% |
| 1981 | 0.8493 | -2.0% |
| 1982 | 0.7501 | -11.7% |
| 1983 | 0.6914 | -7.8% |
| 1984 | 0.6731 | -2.7% |
| 1985 | 0.6754 | +0.4% |
| 1986 | 0.7317 | +8.3% |
| 1987 | 0.7754 | +6.0% |
| 1988 | 0.7601 | -2.0% |
| 1989 | 0.7549 | -0.7% |
| 1990 | 0.754 | -0.1% |
| 1991 | 0.7678 | +1.8% |
| 1992 | 0.8192 | +6.7% |
| 1993 | 0.8269 | +0.9% |
| 1994 | 0.8592 | +3.9% |
| 1995 | 0.8278 | -3.7% |
| 1996 | 0.8532 | +3.1% |
| 1997 | 0.8664 | +1.5% |
| 1998 | 0.8675 | +0.1% |
| 1999 | 0.8512 | -1.9% |
| 2000 | 0.8324 | -2.2% |
| 2001 | 0.8034 | -3.5% |
| 2002 | 0.7656 | -4.7% |
| 2003 | 0.7788 | +1.7% |
| 2004 | 0.7861 | +0.9% |
| 2005 | 0.8303 | +5.6% |
| 2006 | 0.8255 | -0.6% |
| 2007 | 0.8433 | +2.2% |
| 2008 | 0.864 | +2.5% |
| 2009 | 0.88 | +1.9% |
| 2010 | 0.9242 | +5.0% |
| 2011 | 0.9415 | +1.9% |
| 2012 | 0.967 | +2.7% |
| 2013 | 1 | +3.4% |
| 2014 | 1.01 | +1.1% |
| 2015 | 1.02 | +1.2% |
| 2016 | 1.05 | +2.8% |
| 2017 | 1.05 | +0.1% |
| 2018 | 1.05 | -0.4% |
| 2019 | 1.05 | +0.5% |
| 2020 | 0.9988 | -5.2% |
| 2021 | 1 | +0.1% |
| 2022 | 0.9937 | -0.6% |
| 2023 | 0.9938 | +0.0% |
Uruguay compared with similar countries
- Uruguay's 0.9938 is below the median for high income countries, which is 0.994, 100% of the median. (52 countries reporting)
- Uruguay's 0.9938 is below the median for Latin America & Caribbean, which is 1, 99% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Uruguay
- Real gdp growth, annual growth rate 336.48 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.2 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.46 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0102 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 258.23 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4283 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 188.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.03 % change on previous year (2025)
Frequently asked questions
- What is total factor productivity in Uruguay?
- Total factor productivity in Uruguay was 0.9938 in 2023, according to 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 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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