Labor share of gdp in Georgia

Georgia: Labor share of gdp was 53.9 in 2020. β–² Rising

Latest (2020)
53.9
Change on year
down 2.5%
World rank
56th
of 186 countries
All-time high
55.3
in 2019
All-time low
33.6
in 2006
Years of data
17
2004–2020

Labor share of gdp in Georgia, 2004–2020

02040602004201220202004: 34.42005: 34.42006: 33.62007: 37.22008: 43.92009: 51.62010: 43.72011: 45.92012: 47.72013: 51.42014: 50.22015: 51.22016: 552017: 53.42018: 53.72019: 55.32020: 53.9

Source: Our World in Data.

Analysis

In 2020, labor share of gdp in Georgia stood at 53.9.

The figure is down 2.5% on the previous year and up 23.3% over ten years.

Over the whole period, labor share of gdp in Georgia peaked at 55.3 in 2019 and was at its lowest, 33.6, in 2006.

Georgia ranks 56th of 186 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 39.18 33.6 51.6 6
2010s 50.75 43.7 55.3 10
2020s 53.9 53.9 53.9 1

Countries ranked near Georgia

  1. 56 Costa Rica 53.9 compare
  2. 58 Finland 53.8 compare
  3. 59 Argentina 53.6 compare
  4. 59 French Polynesia 53.6 compare

See the full ranking of 186 places β†’

More work & labour data for Georgia

All data for Georgia β†’

Frequently asked questions

What is labor share of gdp in Georgia?
Labor share of gdp in Georgia was 53.9 in 2020, according to Our World in Data.
What is the highest labor share of gdp recorded in Georgia?
The highest recorded value was 55.3 in 2019.
What is the lowest labor share of gdp recorded in Georgia?
The lowest recorded value was 33.6 in 2006.
How does Georgia rank for labor share of gdp?
Georgia ranks 56th out of 186 countries with data for 2020.
Is labor share of gdp rising or falling in Georgia?
Over the last ten years it is up 23.3%. The long-run trend across the full record is rising.
Where does this Georgia 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.

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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