Labor share of gdp in Macao

Macao: Labor share of gdp was 34.2 in 2020. β–² Rising

Latest (2020)
34.2
Change on year
up 10.0%
World rank
172nd
of 186 countries
All-time high
34.2
in 2020
All-time low
21.1
in 2013
Years of data
17
2004–2020

Labor share of gdp in Macao, 2004–2020

01020302004201220202004: 27.92005: 29.92006: 31.32007: 32.82008: 32.22009: 30.62010: 24.72011: 222012: 22.12013: 21.12014: 23.42015: 31.62016: 32.62017: 30.62018: 30.72019: 31.12020: 34.2

Source: Our World in Data.

Analysis

In 2020, labor share of gdp in Macao stood at 34.2. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 10.0% on the previous year and up 38.5% over ten years.

Over the whole period, labor share of gdp in Macao peaked at 34.2 in 2020 and was at its lowest, 21.1, in 2013.

Macao ranks 172nd of 186 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 30.78 27.9 32.8 6
2010s 26.99 21.1 32.6 10
2020s 34.2 34.2 34.2 1

Countries ranked near Macao

  1. 169 Brunei 35.6 compare
  2. 170 Mexico 35.2 compare
  3. 171 Panama 34.5 compare
  4. 173 Papua New Guinea 34.1 compare
  5. 175 Kyrgyzstan 33.3 compare

See the full ranking of 186 places β†’

More work & labour data for Macao

All data for Macao β†’

Frequently asked questions

What is labor share of gdp in Macao?
Labor share of gdp in Macao was 34.2 in 2020, according to Our World in Data.
What is the highest labor share of gdp recorded in Macao?
The highest recorded value was 34.2 in 2020.
What is the lowest labor share of gdp recorded in Macao?
The lowest recorded value was 21.1 in 2013.
How does Macao rank for labor share of gdp?
Macao ranks 172nd out of 186 countries with data for 2020.
Is labor share of gdp rising or falling in Macao?
Over the last ten years it is up 38.5%. The long-run trend across the full record is rising.
Where does this Macao 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