Labor share of gdp in Guyana
Guyana: Labor share of gdp was 49.9 in 2020. ▬ Flat
Latest (2020)
49.9
Change on year
up 5.7%
World rank
73rd
of 187 countries
All-time high
49.9
in 2020
All-time low
46.4
in 2018
Years of data
17
2004–2020
Labor share of gdp in Guyana, 2004–2020
Source: Our World in Data.
Analysis
In 2020, labor share of gdp in Guyana stood at 49.9. That is the highest value across all 17 years on record.
The figure is up 5.7% on the previous year and up 6.6% over ten years.
Over the whole period, labor share of gdp in Guyana peaked at 49.9 in 2020 and was at its lowest, 46.4, in 2018.
Guyana ranks 73rd of 187 countries on this measure, in the middle of the range.
Labor share of gdp in Guyana, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 47.1 | — |
| 2005 | 47.4 | +0.6% |
| 2006 | 46.7 | -1.5% |
| 2007 | 46.5 | -0.4% |
| 2008 | 47.1 | +1.3% |
| 2009 | 46.8 | -0.6% |
| 2010 | 46.8 | +0.0% |
| 2011 | 46.7 | -0.2% |
| 2012 | 46.6 | -0.2% |
| 2013 | 46.8 | +0.4% |
| 2014 | 46.9 | +0.2% |
| 2015 | 47 | +0.2% |
| 2016 | 46.7 | -0.6% |
| 2017 | 46.6 | -0.2% |
| 2018 | 46.4 | -0.4% |
| 2019 | 47.2 | +1.7% |
| 2020 | 49.9 | +5.7% |
Guyana compared with similar countries
- Guyana's 49.9 is below the median for high income countries, which is 54.5, 92% of the median. (62 countries reporting)
- Guyana's 49.9 is below the median for Latin America & Caribbean, which is 50.4, 99% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.93 | 46.5 | 47.4 | 6 |
| 2010s | 46.77 | 46.4 | 47.2 | 10 |
| 2020s | 49.9 | 49.9 | 49.9 | 1 |
Countries ranked near Guyana
More work & labour data for Guyana
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4095 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.3957 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.4228 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.9077 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.9156 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 295.49 1000 No (2050)
- Population - Est. & Proj. — Rural population 526.41 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 455.78 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 433.17 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 888.95 1000 No (2100)
Frequently asked questions
- What is labor share of gdp in Guyana?
- Labor share of gdp in Guyana was 49.9 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Guyana?
- The highest recorded value was 49.9 in 2020.
- What is the lowest labor share of gdp recorded in Guyana?
- The lowest recorded value was 46.4 in 2018.
- How does Guyana rank for labor share of gdp?
- Guyana ranks 73rd out of 187 countries with data for 2020.
- Is labor share of gdp rising or falling in Guyana?
- Over the last ten years it is up 6.6%. The long-run trend across the full record is flat.
- Where does this Guyana 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 · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).