Caribbean vs Latin America and the Caribbean: Upper-middle income: Labour income share as a percent of GDP (ILO modelled estimates)
Labour income share as a percent of GDP (ILO modelled estimates) over time
- Caribbean
- Latin America and the Caribbean: Upper-middle income
How they compare
Latin America and the Caribbean: Upper-middle income currently reports 49 against 48.1 in Caribbean, a difference of 0.9.
The two have swapped places 3 times across 23 shared years of data; in 2004 it was Caribbean ahead.
Caribbean ranks 57th and Latin America and the Caribbean: Upper-middle income ranks 54th of 87 countries.
Across the 3 decades both report, Caribbean averaged higher in 2 and Latin America and the Caribbean: Upper-middle income in 1.
Head to head by decade
| Decade | Caribbean | Latin America and the Caribbean: Upper-middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 49.15 | 45.98 | 3.17 | Caribbean |
| 2010s | 48.79 | 48.49 | 0.3 | Caribbean |
| 2020s | 48.2 | 48.36 | 0.1571 | Latin America and the Caribbean: Upper-middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher labour income share as a percent of gdp, Caribbean or Latin America and the Caribbean: Upper-middle income?
- Latin America and the Caribbean: Upper-middle income, at 49 against 48.1 in Caribbean as of 2026.
- What is the difference in labour income share as a percent of gdp between Caribbean and Latin America and the Caribbean: Upper-middle income?
- 0.9, with Latin America and the Caribbean: Upper-middle income ahead.
- How many years of comparable data are there for Caribbean and Latin America and the Caribbean: Upper-middle income?
- 23 years are reported by both, from 2004 to 2026.
- How do Caribbean and Latin America and the Caribbean: Upper-middle income rank globally for labour income share as a percent of gdp?
- Caribbean ranks 57th and Latin America and the Caribbean: Upper-middle income ranks 54th of 87 countries.
- Where does this data come from?
- International Labour Organization, published as Labour income share as a percent of GDP (ILO modelled estimates). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. The labour income share in GDP is the ratio, in percentage, between total labour income and gross domestic product (a measure of total output), both provided in nominal terms. Labour income includes the compensation of employees and part of the income of the self-employed. Self-employed workers earn from both their work and capital ownership. Total compensation of employees refers to the remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. The labour income of self-employed is imputed on the basis of a statistical analysis of employees of similar characteristics. The labour income share after accounting for the labour income of the self-employed is often referred to as the adjusted labour income share in GDP. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.