Labor share of gdp in Thailand

Thailand: Labor share of gdp was 47.4 in 2020. β–¬ Flat

Latest (2020)
47.4
Change on year
up 3.5%
World rank
88th
of 186 countries
All-time high
49.3
in 2014
All-time low
43.9
in 2010
Years of data
17
2004–2020

Labor share of gdp in Thailand, 2004–2020

010203040502004201220202004: 46.22005: 46.42006: 45.32007: 47.92008: 45.22009: 46.22010: 43.92011: 452012: 45.92013: 47.12014: 49.32015: 49.22016: 47.52017: 47.22018: 47.72019: 45.82020: 47.4

Source: Our World in Data.

Analysis

Thailand recorded 47.4 for labor share of gdp in 2020.

That represents a change of up 3.5% on the previous year and up 8.0% over ten years.

Over the whole period, labor share of gdp in Thailand peaked at 49.3 in 2014 and was at its lowest, 43.9, in 2010.

That places Thailand 88th out of 186 countries with data for 2020, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 46.2 45.2 47.9 6
2010s 46.86 43.9 49.3 10
2020s 47.4 47.4 47.4 1

Countries ranked near Thailand

  1. 85 Hungary 48.2 compare
  2. 86 Haiti 47.8 compare
  3. 87 Dominican Republic 47.7 compare
  4. 89 Romania 47.2 compare
  5. 90 Turkmenistan 46.9 compare
  6. 91 Myanmar 46.5 compare

See the full ranking of 186 places β†’

More work & labour data for Thailand

All data for Thailand β†’

Frequently asked questions

What is labor share of gdp in Thailand?
Labor share of gdp in Thailand was 47.4 in 2020, according to Our World in Data.
What is the highest labor share of gdp recorded in Thailand?
The highest recorded value was 49.3 in 2014.
What is the lowest labor share of gdp recorded in Thailand?
The lowest recorded value was 43.9 in 2010.
How does Thailand rank for labor share of gdp?
Thailand ranks 88th out of 186 countries with data for 2020.
Is labor share of gdp rising or falling in Thailand?
Over the last ten years it is up 8.0%. The long-run trend across the full record is flat.
Where does this Thailand 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