Labor share of gross domestic product (GDP) in Ecuador

Ecuador: Labor share of gross domestic product (GDP) was 55.7% in 2020. β–² Rising

Latest (2020)
55.7%
Change on year
up 1.1%
World rank
44th
of 186 countries
All-time high
55.7%
in 2020
All-time low
44.2%
in 2008
Years of data
17
2004–2020

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

02040602004201220202004: 44.3 %2005: 44.7 %2006: 45.3 %2007: 45.6 %2008: 44.2 %2009: 49.2 %2010: 47.8 %2011: 48.7 %2012: 50.8 %2013: 51.8 %2014: 51.2 %2015: 53.1 %2016: 52.9 %2017: 53 %2018: 54.8 %2019: 55.1 %2020: 55.7 %

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

Analysis

In 2020, labor share of gross domestic product (gdp) in Ecuador stood at 55.7%. That is the highest value across all 17 years on record.

That represents a change of up 1.1% on the previous year and up 16.5% over ten years.

Over the whole period, labor share of gross domestic product (gdp) in Ecuador peaked at 55.7% in 2020 and was at its lowest, 44.2%, in 2008.

That places Ecuador 44th 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 45.6% 44.2% 49.2% 6
2010s 51.9% 47.8% 55.1% 10
2020s 55.7% 55.7% 55.7% 1

Countries ranked near Ecuador

  1. 41 New Caledonia 55.9% compare
  2. 42 Jamaica 55.8% compare
  3. 42 Sweden 55.8% compare
  4. 45 Puerto Rico 55.5% compare
  5. 46 Lithuania 55.1% compare
  6. 47 Bolivia 54.9% compare

See the full ranking of 186 places β†’

More work & labour data for Ecuador

All data for Ecuador β†’

Frequently asked questions

What is labor share of gross domestic product (gdp) in Ecuador?
Labor share of gross domestic product (gdp) in Ecuador was 55.7% 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 Ecuador?
The highest recorded value was 55.7% in 2020.
What is the lowest labor share of gross domestic product (gdp) recorded in Ecuador?
The lowest recorded value was 44.2% in 2008.
How does Ecuador rank for labor share of gross domestic product (gdp)?
Ecuador ranks 44th out of 186 countries with data for 2020.
Is labor share of gross domestic product (gdp) rising or falling in Ecuador?
Over the last ten years it is up 16.5%. The long-run trend across the full record is rising.
Where does this Ecuador 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.