Labor share of gross domestic product (GDP) in Guam

Guam: Labor share of gross domestic product (GDP) was 53.2% in 2020. β–¬ Flat

Latest (2020)
53.2%
Change on year
up 4.1%
World rank
64th
of 186 countries
All-time high
53.2%
in 2020
All-time low
49.9%
in 2004
Years of data
17
2004–2020

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

02040602004201220202004: 49.9 %2005: 50.7 %2006: 52.9 %2007: 51.6 %2008: 51.2 %2009: 51.7 %2010: 51.2 %2011: 51.8 %2012: 51.2 %2013: 51.4 %2014: 51.3 %2015: 51.6 %2016: 51.8 %2017: 51.6 %2018: 52.1 %2019: 51.1 %2020: 53.2 %

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

Analysis

In 2020, labor share of gross domestic product (gdp) in Guam stood at 53.2%. That is the highest value across all 17 years on record.

That represents a change of up 4.1% on the previous year and up 3.9% over ten years.

Over the whole period, labor share of gross domestic product (gdp) in Guam peaked at 53.2% in 2020 and was at its lowest, 49.9%, in 2004.

Guam ranks 64th of 186 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 51.3% 49.9% 52.9% 6
2010s 51.5% 51.1% 52.1% 10
2020s 53.2% 53.2% 53.2% 1

Countries ranked near Guam

  1. 61 Bosnia and Herzegovina 53.5% compare
  2. 61 Bulgaria 53.5% compare
  3. 63 Tanzania 53.3% compare
  4. 64 Zimbabwe 53.2% compare
  5. 66 Israel 52.5% compare
  6. 67 Mozambique 51.9% compare

See the full ranking of 186 places β†’

More work & labour data for Guam

All data for Guam β†’

Frequently asked questions

What is labor share of gross domestic product (gdp) in Guam?
Labor share of gross domestic product (gdp) in Guam was 53.2% 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 Guam?
The highest recorded value was 53.2% in 2020.
What is the lowest labor share of gross domestic product (gdp) recorded in Guam?
The lowest recorded value was 49.9% in 2004.
How does Guam rank for labor share of gross domestic product (gdp)?
Guam ranks 64th out of 186 countries with data for 2020.
Is labor share of gross domestic product (gdp) rising or falling in Guam?
Over the last ten years it is up 3.9%. The long-run trend across the full record is flat.
Where does this Guam 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.