Paraguay vs Trinidad and Tobago: Labour income share as a percent of GDP
Labour income share as a percent of GDP over time
- Paraguay
- Trinidad and Tobago
How they compare
Paraguay currently reports 45.37 against 45.18 in Trinidad and Tobago, a difference of 0.19.
The two have swapped places 10 times across 23 shared years of data; in 2004 it was Paraguay ahead.
Paraguay ranks 98th and Trinidad and Tobago ranks 99th of 188 countries.
Across the 3 decades both report, Paraguay averaged higher in 2 and Trinidad and Tobago in 1.
Head to head by decade
| Decade | Paraguay | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 48.59 | 42.72 | 5.88 | Paraguay |
| 2010s | 46.03 | 44.81 | 1.22 | Paraguay |
| 2020s | 44.98 | 45.16 | 0.1769 | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher labour income share as a percent of gdp, Paraguay or Trinidad and Tobago?
- Paraguay, at 45.37 against 45.18 in Trinidad and Tobago as of 2026.
- What is the difference in labour income share as a percent of gdp between Paraguay and Trinidad and Tobago?
- 0.19, with Paraguay ahead.
- How many years of comparable data are there for Paraguay and Trinidad and Tobago?
- 23 years are reported by both, from 2004 to 2026.
- How do Paraguay and Trinidad and Tobago rank globally for labour income share as a percent of gdp?
- Paraguay ranks 98th and Trinidad and Tobago ranks 99th of 188 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.