GDP per person employed in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): GDP per person employed was 42,984 constant 2021 PPP $ in 2025. ▲ Rising
GDP per person employed in Latin America & the Caribbean (IDA & IBRD countries), 1991–2025
Source: Staff estimates, World Bank (WB), note: Estimates are based on employment, population, GDP, and PPP data obtained from International Labour Organization, United Nations Population Division, Eurostat,. Measured in constant 2021 PPP $.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 42,984 constant 2021 PPP $ for gdp per person employed in 2025. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 0.8% on the previous year and up 1.6% over ten years.
Over the whole period, gdp per person employed in Latin America & the Caribbean (IDA & IBRD countries) peaked at 42,984 constant 2021 PPP $ in 2025 and was at its lowest, 33,668 constant 2021 PPP $, in 1992.
Latin America & the Caribbean (IDA & IBRD countries) ranks 21st of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
GDP per person employed in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2021 PPP $ | Change |
|---|---|---|
| 1991 | 33,689 constant 2021 PPP $ | — |
| 1992 | 33,668 constant 2021 PPP $ | -0.1% |
| 1993 | 34,128 constant 2021 PPP $ | +1.4% |
| 1994 | 35,190 constant 2021 PPP $ | +3.1% |
| 1995 | 34,996 constant 2021 PPP $ | -0.6% |
| 1996 | 35,998 constant 2021 PPP $ | +2.9% |
| 1997 | 36,615 constant 2021 PPP $ | +1.7% |
| 1998 | 36,920 constant 2021 PPP $ | +0.8% |
| 1999 | 36,620 constant 2021 PPP $ | -0.8% |
| 2000 | 37,260 constant 2021 PPP $ | +1.7% |
| 2001 | 36,424 constant 2021 PPP $ | -2.2% |
| 2002 | 35,906 constant 2021 PPP $ | -1.4% |
| 2003 | 35,883 constant 2021 PPP $ | -0.1% |
| 2004 | 36,681 constant 2021 PPP $ | +2.2% |
| 2005 | 37,128 constant 2021 PPP $ | +1.2% |
| 2006 | 38,027 constant 2021 PPP $ | +2.4% |
| 2007 | 39,271 constant 2021 PPP $ | +3.3% |
| 2008 | 39,932 constant 2021 PPP $ | +1.7% |
| 2009 | 38,651 constant 2021 PPP $ | -3.2% |
| 2010 | 40,490 constant 2021 PPP $ | +4.8% |
| 2011 | 41,646 constant 2021 PPP $ | +2.9% |
| 2012 | 41,821 constant 2021 PPP $ | +0.4% |
| 2013 | 42,491 constant 2021 PPP $ | +1.6% |
| 2014 | 42,573 constant 2021 PPP $ | +0.2% |
| 2015 | 42,315 constant 2021 PPP $ | -0.6% |
| 2016 | 42,182 constant 2021 PPP $ | -0.3% |
| 2017 | 42,424 constant 2021 PPP $ | +0.6% |
| 2018 | 42,332 constant 2021 PPP $ | -0.2% |
| 2019 | 41,852 constant 2021 PPP $ | -1.1% |
| 2020 | 42,284 constant 2021 PPP $ | +1.0% |
| 2021 | 42,601 constant 2021 PPP $ | +0.8% |
| 2022 | 42,309 constant 2021 PPP $ | -0.7% |
| 2023 | 42,444 constant 2021 PPP $ | +0.3% |
| 2024 | 42,630 constant 2021 PPP $ | +0.4% |
| 2025 | 42,984 constant 2021 PPP $ | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35,314 constant 2021 PPP $ | 33,668 constant 2021 PPP $ | 36,920 constant 2021 PPP $ | 9 |
| 2000s | 37,516 constant 2021 PPP $ | 35,883 constant 2021 PPP $ | 39,932 constant 2021 PPP $ | 10 |
| 2010s | 42,013 constant 2021 PPP $ | 40,490 constant 2021 PPP $ | 42,573 constant 2021 PPP $ | 10 |
| 2020s | 42,542 constant 2021 PPP $ | 42,284 constant 2021 PPP $ | 42,984 constant 2021 PPP $ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 18 Sweden 128,980 constant 2021 PPP $ compare
- 19 France 128,587 constant 2021 PPP $ compare
- 20 Germany 125,086 constant 2021 PPP $ compare
- 21 Puerto Rico 124,954 constant 2021 PPP $ compare
- 22 Finland 120,400 constant 2021 PPP $ compare
- 23 Malta 117,634 constant 2021 PPP $ compare
- 24 United States Virgin Islands 116,146 constant 2021 PPP $ compare
More work & labour data for Latin America & the Caribbean (IDA & IBRD countries)
- Labor force participation rate, female (% of female population ages) 51.7% (2025)
- Labor force participation rate, total (% of total population ages 15+) 63.0% (2025)
- Labor force participation rate for ages 15-24, female (%) 39.1% (2025)
- Labor force participation rate for ages 15-24, male (%) 55.4% (2025)
- Labor force participation rate for ages 15-24, total (%) 47.4% (2025)
- Labor force participation rate, female (% of female population ages) 57.8% (2025)
- Ratio of female to male labor force participation rate (%) 69.3% (2025)
- Labor force participation rate, male (% of male population ages 15+) 75.0% (2025)
- Labor force participation rate, male (% of male population ages 15-64) 80.6% (2025)
- Labor force participation rate, total (% of total population ages) 69.0% (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is gdp per person employed in Latin America & the Caribbean (IDA & IBRD countries)?
- Gdp per person employed in Latin America & the Caribbean (IDA & IBRD countries) was 42,984 constant 2021 PPP $ in 2025, according to Staff estimates, World Bank (WB), note: Estimates are based on employment, population, GDP, and PPP data obtained from International Labour Organization, United Nations Population Division, Eurostat,.
- What is the highest gdp per person employed recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 42,984 constant 2021 PPP $ in 2025.
- What is the lowest gdp per person employed recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 33,668 constant 2021 PPP $ in 1992.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for gdp per person employed?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 21st out of 47 groups with data for 2025.
- Is gdp per person employed rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 1.6%. The long-run trend across the full record is rising.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) data come from?
- The figures come from Staff estimates, World Bank (WB), note: Estimates are based on employment, population, GDP, and PPP data obtained from International Labour Organization, United Nations Population Division, Eurostat,, published as part of GDP per person employed (constant 2021 PPP $). Statizoid updates them automatically from the source API.
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About this data
GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2021 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.