Latin America and the Caribbean vs Panama: Output per worker, GDP constant 2021 international $ at PPP
Output per worker, GDP constant 2021 international $ at PPP over time
- Latin America and the Caribbean
- Panama
How they compare
Panama currently reports 85,360 against 44,022 in Latin America and the Caribbean, a difference of 41,338.
That makes Panama's figure about 1.9 times Latin America and the Caribbean's.
The two have swapped places 1 time across 37 shared years of data; in 1991 it was Latin America and the Caribbean ahead.
Latin America and the Caribbean ranks 53rd and Panama ranks 55th of 87 groups.
Across the 4 decades both report, Latin America and the Caribbean averaged higher in 1 and Panama in 3.
Head to head by decade
| Decade | Latin America and the Caribbean | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 37,725 | 35,166 | 2,559 | Latin America and the Caribbean |
| 2000s | 39,761 | 41,561 | 1,799 | Panama |
| 2010s | 43,712 | 64,187 | 20,474 | Panama |
| 2020s | 42,777 | 77,800 | 35,023 | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher output per worker, gdp constant 2021 international $ at ppp, Latin America and the Caribbean or Panama?
- Panama, at 85,360 against 44,022 in Latin America and the Caribbean as of 2027.
- What is the difference in output per worker, gdp constant 2021 international $ at ppp between Latin America and the Caribbean and Panama?
- 41,338, with Panama ahead.
- How many years of comparable data are there for Latin America and the Caribbean and Panama?
- 37 years are reported by both, from 1991 to 2027.
- How do Latin America and the Caribbean and Panama rank globally for output per worker, gdp constant 2021 international $ at ppp?
- Latin America and the Caribbean ranks 53rd and Panama ranks 55th of 87 groups.
- Where does this data come from?
- International Labour Organization, published as Output per worker, GDP constant 2021 international $ at PPP (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
This measure of labour productivity is calculated using data on GDP (in constant 2021 international dollars at PPP) derived from the World Development Indicators database of the World Bank. To compute labour productivity as GDP per worker, ILO estimates for total employment are used. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.