Labor share of gross domestic product (GDP) in Chile

Chile: Labor share of gross domestic product (GDP) was 65.0% in 2020. β–² Rising

Latest (2020)
65.0%
Change on year
up 3.0%
World rank
4th
of 186 countries
All-time high
65.0%
in 2020
All-time low
45.3%
in 2007
Years of data
17
2004–2020

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

02040602004201220202004: 53.6 %2005: 51.3 %2006: 45.9 %2007: 45.3 %2008: 50 %2009: 50.7 %2010: 53.5 %2011: 58.1 %2012: 58.4 %2013: 59.1 %2014: 59.1 %2015: 59.3 %2016: 60.3 %2017: 60.3 %2018: 61.9 %2019: 63.1 %2020: 65 %

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

Analysis

In 2020, labor share of gross domestic product (gdp) in Chile stood at 65.0%. That is the highest value across all 17 years on record.

The figure is up 3.0% on the previous year and up 21.5% over ten years.

Over the whole period, labor share of gross domestic product (gdp) in Chile peaked at 65.0% in 2020 and was at its lowest, 45.3%, in 2007.

Chile ranks 4th of 186 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 49.5% 45.3% 53.6% 6
2010s 59.3% 53.5% 63.1% 10
2020s 65.0% 65.0% 65.0% 1

Countries ranked near Chile

  1. 1 Switzerland 68.4% compare
  2. 2 Nigeria 68.2% compare
  3. 3 Iceland 66.3% compare
  4. 5 Vanuatu 63.8% compare
  5. 6 Belgium 63.6% compare
  6. 6 Netherlands 63.6% compare

See the full ranking of 186 places β†’

More work & labour data for Chile

All data for Chile β†’

Frequently asked questions

What is labor share of gross domestic product (gdp) in Chile?
Labor share of gross domestic product (gdp) in Chile was 65.0% 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 Chile?
The highest recorded value was 65.0% in 2020.
What is the lowest labor share of gross domestic product (gdp) recorded in Chile?
The lowest recorded value was 45.3% in 2007.
How does Chile rank for labor share of gross domestic product (gdp)?
Chile ranks 4th out of 186 countries with data for 2020.
Is labor share of gross domestic product (gdp) rising or falling in Chile?
Over the last ten years it is up 21.5%. The long-run trend across the full record is rising.
Where does this Chile 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.