Labor share of gross domestic product (GDP) in Spain

Spain: Labor share of gross domestic product (GDP) was 60.9% in 2020. β–Ό Falling

Latest (2020)
60.9%
Change on year
up 2.9%
World rank
16th
of 186 countries
All-time high
64.7%
in 2008
All-time low
56.7%
in 2017
Years of data
17
2004–2020

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

02040602004201220202004: 62.4 %2005: 61.8 %2006: 61.8 %2007: 62.2 %2008: 64.7 %2009: 64.7 %2010: 64 %2011: 62.5 %2012: 61.4 %2013: 59 %2014: 58.3 %2015: 59.4 %2016: 58.2 %2017: 56.7 %2018: 56.9 %2019: 59.2 %2020: 60.9 %

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

Analysis

In 2020, labor share of gross domestic product (gdp) in Spain stood at 60.9%.

That represents a change of up 2.9% on the previous year and down 4.8% over ten years.

Over the whole period, labor share of gross domestic product (gdp) in Spain peaked at 64.7% in 2008 and was at its lowest, 56.7%, in 2017.

That places Spain 16th out of 186 countries with data for 2020, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 62.9% 61.8% 64.7% 6
2010s 59.6% 56.7% 64.0% 10
2020s 60.9% 60.9% 60.9% 1

Countries ranked near Spain

  1. 13 Lesotho 61.4% compare
  2. 14 France 61.3% compare
  3. 15 Slovenia 61.0% compare
  4. 16 Latvia 60.9% compare
  5. 18 South Africa 60.7% compare
  6. 19 United Kingdom 60.4% compare
  7. 19 United States 60.4% compare

See the full ranking of 186 places β†’

More work & labour data for Spain

All data for Spain β†’

Frequently asked questions

What is labor share of gross domestic product (gdp) in Spain?
Labor share of gross domestic product (gdp) in Spain was 60.9% 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 Spain?
The highest recorded value was 64.7% in 2008.
What is the lowest labor share of gross domestic product (gdp) recorded in Spain?
The lowest recorded value was 56.7% in 2017.
How does Spain rank for labor share of gross domestic product (gdp)?
Spain ranks 16th out of 186 countries with data for 2020.
Is labor share of gross domestic product (gdp) rising or falling in Spain?
Over the last ten years it is down 4.8%. The long-run trend across the full record is falling.
Where does this Spain 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.