24Peaks / Asia / India / Labor Productivity or Total Factor Productivity

India - Labor Productivity or Total Factor Productivity 24,842

World Bank WDI · updated 2026-10-15 · 177 economies tracked

Latest value

24,842 (2025)

Global rank

##115 of 177 economies

Share of global total

0.2%

Growth since 1991

3.87×

Ranking Race — Labor Productivity or Total Factor Productivity

1 = global #1 · higher value ranks higher

#1#25#49#73#97#121#14519911996200120062011201620212025#141#1152023 overtook Philippines2025 overtook El Salvador
IndiaLuxembourgIrelandGuyanaSingapore

Real annual global ranks, 1991 - 2025. India climbed from #141 to #115 (overtook Philippines). Gaps in a lane = missing data that year.

Key events for India ↓

Key Events — India

Auto-detected from rank data + curated milestones

1991
Economic liberalisation curated

Balance-of-payments crisis triggers sweeping market reforms.

2008
Global crisis slowdown curated

Growth slows sharply as capital flows reverse.

2016
Demonetisation curated

High-denomination notes withdrawn, causing cash shortages.

2020
COVID-19 lockdown curated

GDP records its largest contraction on record.

2023
Overtook Philippines in global rank auto
2025
Overtook El Salvador in global rank auto

Labor Productivity or Total Factor Productivity, 1991-2025

World Bank WDI · constant 2021 PPP $ · linear scale · ranking in the race above
199120012011202120256411.3512,55518,69924,842

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