Labor share of gdp in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Labor share of gdp was 51.8 in 2020. ▬ Flat
Latest (2020)
51.8
Change on year
up 7.0%
World rank
61st
of 187 countries
All-time high
51.8
in 2020
All-time low
46.3
in 2006
Years of data
17
2004–2020
Labor share of gdp in Saint Vincent and the Grenadines, 2004–2020
Source: Our World in Data.
Analysis
Saint Vincent and the Grenadines recorded 51.8 for labor share of gdp in 2020. That is the highest value across all 17 years on record.
That represents a change of up 7.0% on the previous year and up 4.0% over ten years.
Over the whole period, labor share of gdp in Saint Vincent and the Grenadines peaked at 51.8 in 2020 and was at its lowest, 46.3, in 2006.
Saint Vincent and the Grenadines ranks 61st of 187 countries on this measure, in the middle of the range.
Labor share of gdp in Saint Vincent and the Grenadines, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 47.2 | — |
| 2005 | 47.7 | +1.1% |
| 2006 | 46.3 | -2.9% |
| 2007 | 47.4 | +2.4% |
| 2008 | 48.3 | +1.9% |
| 2009 | 48.9 | +1.2% |
| 2010 | 49.8 | +1.8% |
| 2011 | 48.7 | -2.2% |
| 2012 | 48.1 | -1.2% |
| 2013 | 47.8 | -0.6% |
| 2014 | 48.2 | +0.8% |
| 2015 | 47.7 | -1.0% |
| 2016 | 47.3 | -0.8% |
| 2017 | 48 | +1.5% |
| 2018 | 47.6 | -0.8% |
| 2019 | 48.4 | +1.7% |
| 2020 | 51.8 | +7.0% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 51.8 is above the median for upper middle income countries, which is 45.7, 1.1× the median. (53 countries reporting)
- Saint Vincent and the Grenadines's 51.8 is above the median for Latin America & Caribbean, which is 50.4, 1.0× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47.63 | 46.3 | 48.9 | 6 |
| 2010s | 48.16 | 47.3 | 49.8 | 10 |
| 2020s | 51.8 | 51.8 | 51.8 | 1 |
Countries ranked near Saint Vincent and the Grenadines
More work & labour data for Saint Vincent and the Grenadines
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7465 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.7145 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.7771 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.47 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2601 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 71.69 1000 No (2050)
- Population - Est. & Proj. — Rural population 37.72 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 32.81 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 31.4 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 64.22 1000 No (2100)
Frequently asked questions
- What is labor share of gdp in Saint Vincent and the Grenadines?
- Labor share of gdp in Saint Vincent and the Grenadines was 51.8 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 51.8 in 2020.
- What is the lowest labor share of gdp recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 46.3 in 2006.
- How does Saint Vincent and the Grenadines rank for labor share of gdp?
- Saint Vincent and the Grenadines ranks 61st out of 187 countries with data for 2020.
- Is labor share of gdp rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 4.0%. The long-run trend across the full record is flat.
- Where does this Saint Vincent and the Grenadines 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).