Labor share of gross domestic product (GDP) in Australia

Australia: Labor share of gross domestic product (GDP) was 56.1% in 2020. β–¬ Flat

Latest (2020)
56.1%
Change on year
down 1.9%
World rank
39th
of 186 countries
All-time high
59.5%
in 2004
All-time low
55.4%
in 2018
Years of data
17
2004–2020

Labor share of gross domestic product (GDP) in Australia, 2004–2020

02040602004201220202004: 59.5 %2005: 59.1 %2006: 58.7 %2007: 58.3 %2008: 56.7 %2009: 57 %2010: 57.1 %2011: 58.6 %2012: 58 %2013: 57.7 %2014: 58.3 %2015: 59.1 %2016: 56.9 %2017: 56.5 %2018: 55.4 %2019: 57.2 %2020: 56.1 %

Source: International Labour Organisation (2023) – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for labor share of gross domestic product (gdp) in Australia is 56.1%, measured in 2020.

Compared with earlier readings it is down 1.9% on the previous year and down 1.8% over ten years.

Over the whole period, labor share of gross domestic product (gdp) in Australia peaked at 59.5% in 2004 and was at its lowest, 55.4%, in 2018.

That places Australia 39th out of 186 countries with data for 2020, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 58.2% 56.7% 59.5% 6
2010s 57.5% 55.4% 59.1% 10
2020s 56.1% 56.1% 56.1% 1

Countries ranked near Australia

  1. 36 Italy 56.5% compare
  2. 37 Serbia 56.3% compare
  3. 38 Luxembourg 56.2% compare
  4. 40 Hong Kong 56.0% compare
  5. 41 New Caledonia 55.9% compare
  6. 42 Jamaica 55.8% compare
  7. 42 Sweden 55.8% compare

See the full ranking of 186 places β†’

More work & labour data for Australia

All data for Australia β†’

Frequently asked questions

What is labor share of gross domestic product (gdp) in Australia?
Labor share of gross domestic product (gdp) in Australia was 56.1% in 2020, according to International Labour Organisation (2023) – processed by Our World in Data.
What is the highest labor share of gross domestic product (gdp) recorded in Australia?
The highest recorded value was 59.5% in 2004.
What is the lowest labor share of gross domestic product (gdp) recorded in Australia?
The lowest recorded value was 55.4% in 2018.
How does Australia rank for labor share of gross domestic product (gdp)?
Australia ranks 39th out of 186 countries with data for 2020.
Is labor share of gross domestic product (gdp) rising or falling in Australia?
Over the last ten years it is down 1.8%. The long-run trend across the full record is flat.
Where does this Australia data come from?
The figures come from International Labour Organisation (2023) – processed by Our World in Data, published as part of Labor share of gross domestic product (GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Labor share of gross domestic product (GDP)
Unit
%
Source
International Labour Organisation (2023) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 3,162 data points, 2004–2020
Last refreshed

The labor share of gross domestic product (GDP) is the estimated total compensation of employees given as a percent of GDP. It provides information about the relative share of output paid as compensation to employees, compared to the share paid to capital.