Latin America and the Caribbean: High income vs Slovakia: Labour income share as a percent of GDP (ILO modelled estimates)
Labour income share as a percent of GDP (ILO modelled estimates) over time
- Latin America and the Caribbean: High income
- Slovakia
How they compare
Slovakia currently reports 53.65 against 51.1 in Latin America and the Caribbean: High income, a difference of 2.55.
The two have swapped places 3 times across 23 shared years of data; in 2004 it was Latin America and the Caribbean: High income ahead.
Latin America and the Caribbean: High income ranks 43rd and Slovakia ranks 46th of 87 groups.
Across the 3 decades both report, Latin America and the Caribbean: High income averaged higher in 2 and Slovakia in 1.
Head to head by decade
| Decade | Latin America and the Caribbean: High income | Slovakia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 50.83 | 46.33 | 4.5 | Latin America and the Caribbean: High income |
| 2010s | 50.68 | 48.68 | 2 | Latin America and the Caribbean: High income |
| 2020s | 51.06 | 53.42 | 2.36 | Slovakia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher labour income share as a percent of gdp, Latin America and the Caribbean: High income or Slovakia?
- Slovakia, at 53.65 against 51.1 in Latin America and the Caribbean: High income as of 2026.
- What is the difference in labour income share as a percent of gdp between Latin America and the Caribbean: High income and Slovakia?
- 2.55, with Slovakia ahead.
- How many years of comparable data are there for Latin America and the Caribbean: High income and Slovakia?
- 23 years are reported by both, from 2004 to 2026.
- How do Latin America and the Caribbean: High income and Slovakia rank globally for labour income share as a percent of gdp?
- Latin America and the Caribbean: High income ranks 43rd and Slovakia ranks 46th of 87 groups.
- 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.