24Peaks / Oceania / Australia / Labor Productivity or Total Factor Productivity

Australia - Labor Productivity or Total Factor Productivity 114,582

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

Latest value

114,582 (2025)

Global rank

##24 of 177 economies

Share of global total

1.1%

Growth since 1991

1.43×

Ranking Race — Labor Productivity or Total Factor Productivity

1 = global #1 · higher value ranks higher

#1#19#37#55#73#9119911996200120062011201620212025#25#242014 overtook Kuwait2017 overtook United Arab Emirates
AustraliaLuxembourgIrelandGuyanaSingapore

Real annual global ranks, 1991 - 2025. Australia climbed from #25 to #24 (overtook Kuwait). Gaps in a lane = missing data that year.

Key events for Australia ↓

Key Events — Australia

Auto-detected from rank data + curated milestones

2008
Global crisis resilience curated

Avoids recession on the back of China-driven commodity demand.

2014
Overtook Kuwait in global rank auto
2017
Overtook United Arab Emirates in global rank auto
2020
COVID-19 recession curated

First recession in nearly three decades.

Labor Productivity or Total Factor Productivity, 1991-2025

World Bank WDI · constant 2021 PPP $ · linear scale · ranking in the race above
1991200120112021202579,84991,735103,622115,508

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