Labor share of gdp in Colombia

Colombia: Labor share of gdp was 59.1 in 2020. β–² Rising

Latest (2020)
59.1
Change on year
up 7.1%
World rank
29th
of 186 countries
All-time high
59.1
in 2020
All-time low
48.9
in 2007
Years of data
17
2004–2020

Labor share of gdp in Colombia, 2004–2020

02040602004201220202004: 50.32005: 51.92006: 51.72007: 48.92008: 52.22009: 55.92010: 55.72011: 53.22012: 54.32013: 53.92014: 53.92015: 55.72016: 55.42017: 55.72018: 55.82019: 55.22020: 59.1

Source: Our World in Data.

Analysis

Colombia recorded 59.1 for labor share of gdp in 2020. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 7.1% on the previous year and up 6.1% over ten years.

Over the whole period, labor share of gdp in Colombia peaked at 59.1 in 2020 and was at its lowest, 48.9, in 2007.

That places Colombia 29th out of 186 countries with data for 2020, putting it 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 51.82 48.9 55.9 6
2010s 54.88 53.2 55.8 10
2020s 59.1 59.1 59.1 1

Countries ranked near Colombia

  1. 26 Portugal 59.5 compare
  2. 27 United States Virgin Islands 59.3 compare
  3. 28 Barbados 59.2 compare
  4. 30 Indonesia 58.3 compare
  5. 31 Uruguay 58.2 compare
  6. 32 Denmark 58 compare

See the full ranking of 186 places β†’

More work & labour data for Colombia

All data for Colombia β†’

Frequently asked questions

What is labor share of gdp in Colombia?
Labor share of gdp in Colombia was 59.1 in 2020, according to Our World in Data.
What is the highest labor share of gdp recorded in Colombia?
The highest recorded value was 59.1 in 2020.
What is the lowest labor share of gdp recorded in Colombia?
The lowest recorded value was 48.9 in 2007.
How does Colombia rank for labor share of gdp?
Colombia ranks 29th out of 186 countries with data for 2020.
Is labor share of gdp rising or falling in Colombia?
Over the last ten years it is up 6.1%. The long-run trend across the full record is rising.
Where does this Colombia data come from?
The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 17 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Labor share of gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 3,162 data points, 2004–2020
Last refreshed