Latin America and the Caribbean vs Serbia: SDG indicator 10.4.1: Labour income share as a percent of GDP
SDG indicator 10.4.1: Labour income share as a percent of GDP over time
- Latin America and the Caribbean
- Serbia
How they compare
Serbia currently reports 53.39 against 49.3 in Latin America and the Caribbean, a difference of 4.09.
That makes Serbia's figure about 1.1 times Latin America and the Caribbean's.
The two have swapped places 2 times across 23 shared years of data; in 2004 it was Serbia ahead.
Latin America and the Caribbean ranks 52nd and Serbia ranks 51st of 87 groups.
Across the 3 decades both report, Latin America and the Caribbean averaged higher in 1 and Serbia in 2.
Head to head by decade
| Decade | Latin America and the Caribbean | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 46.55 | 56.4 | 9.85 | Serbia |
| 2010s | 48.77 | 46.5 | 2.27 | Latin America and the Caribbean |
| 2020s | 48.76 | 53.42 | 4.67 | Serbia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher sdg indicator 10.4.1: labour income share as a percent of gdp, Latin America and the Caribbean or Serbia?
- Serbia, at 53.39 against 49.3 in Latin America and the Caribbean as of 2026.
- What is the difference in sdg indicator 10.4.1: labour income share as a percent of gdp between Latin America and the Caribbean and Serbia?
- 4.09, with Serbia ahead.
- How many years of comparable data are there for Latin America and the Caribbean and Serbia?
- 23 years are reported by both, from 2004 to 2026.
- How do Latin America and the Caribbean and Serbia rank globally for sdg indicator 10.4.1: labour income share as a percent of gdp?
- Latin America and the Caribbean ranks 52nd and Serbia ranks 51st of 87 groups.
- Where does this data come from?
- International Labour Organization, published as SDG indicator 10.4.1: Labour income share as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The series is part of the ILO modelled estimates and is harmonized to account for differences in national data and scope of coverage, collection and tabulation methodologies as well as for other country-specific factors. 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 Labour Market-related SDG Indicators (ILOSDG) database description.