Barbados vs South Korea: Labor share of gross domestic product (GDP)
Barbados
59.2%
in 2020
South Korea
59.7%
in 2020
Barbados rank
22nd
South Korea rank
19th
Labor share of gross domestic product (GDP) over time
- Barbados
- South Korea
How they compare
South Korea currently reports 59.7% against 59.2% in Barbados, a difference of 0.5%.
The two have swapped places 2 times across 17 shared years of data; in 2004 it was South Korea ahead.
Barbados ranks 22nd and South Korea ranks 19th of 187 countries.
South Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Barbados | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 55.4% | 58.9% | 3.5% | South Korea |
| 2010s | 55.8% | 57.5% | 1.8% | South Korea |
| 2020s | 59.2% | 59.7% | 0.5% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher labor share of gross domestic product (gdp), Barbados or South Korea?
- South Korea, at 59.7% against 59.2% in Barbados as of 2020.
- What is the difference in labor share of gross domestic product (gdp) between Barbados and South Korea?
- 0.5%, with South Korea ahead.
- How many years of comparable data are there for Barbados and South Korea?
- 17 years are reported by both, from 2004 to 2020.
- How do Barbados and South Korea rank globally for labor share of gross domestic product (gdp)?
- Barbados ranks 22nd and South Korea ranks 19th of 187 countries.
- Where does this data come from?
- International Labour Organization – with minor processing by Our World in Data, published as Labor share of gross domestic product (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Labour share of GDP (%).