Labor share of gross domestic product (GDP) in Bolivia

Bolivia: Labor share of gross domestic product (GDP) was 54.9% in 2020. β–² Rising

Latest (2020)
54.9%
Change on year
down 0.4%
World rank
47th
of 186 countries
All-time high
58.8%
in 2004
All-time low
43.5%
in 2012
Years of data
17
2004–2020

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

02040602004201220202004: 58.8 %2005: 56.8 %2006: 49.8 %2007: 47.6 %2008: 44.4 %2009: 47 %2010: 45.1 %2011: 44.9 %2012: 43.5 %2013: 44.8 %2014: 49.9 %2015: 52.7 %2016: 55.1 %2017: 54.9 %2018: 55.1 %2019: 55.1 %2020: 54.9 %

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 Bolivia is 54.9%, measured in 2020.

Compared with earlier readings it is down 0.4% on the previous year and up 21.7% over ten years.

Over the whole period, labor share of gross domestic product (gdp) in Bolivia peaked at 58.8% in 2004 and was at its lowest, 43.5%, in 2012.

Bolivia ranks 47th of 186 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 50.7% 44.4% 58.8% 6
2010s 50.1% 43.5% 55.1% 10
2020s 54.9% 54.9% 54.9% 1

Countries ranked near Bolivia

  1. 44 Ecuador 55.7% compare
  2. 45 Puerto Rico (US) 55.5% compare
  3. 46 Lithuania 55.1% compare
  4. 48 Norway 54.8% compare
  5. 49 Malta 54.7% compare
  6. 50 Namibia 54.5% compare

See the full ranking of 186 places β†’

More work & labour data for Bolivia

All data for Bolivia β†’

Frequently asked questions

What is labor share of gross domestic product (gdp) in Bolivia?
Labor share of gross domestic product (gdp) in Bolivia was 54.9% 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 Bolivia?
The highest recorded value was 58.8% in 2004.
What is the lowest labor share of gross domestic product (gdp) recorded in Bolivia?
The lowest recorded value was 43.5% in 2012.
How does Bolivia rank for labor share of gross domestic product (gdp)?
Bolivia ranks 47th out of 186 countries with data for 2020.
Is labor share of gross domestic product (gdp) rising or falling in Bolivia?
Over the last ten years it is up 21.7%. The long-run trend across the full record is rising.
Where does this Bolivia 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.