Labour income share as a percent of GDP in Caribbean
Caribbean: Labour income share as a percent of GDP was 48.1 in 2026. ▬ Flat
Labour income share as a percent of GDP in Caribbean, 2004–2026
Source: International Labour Organization.
Analysis
In 2026, labour income share as a percent of gdp in Caribbean stood at 48.1.
Compared with earlier readings it is down 0.2% on the previous year and down 0.2% over ten years.
Over the whole period, labour income share as a percent of gdp in Caribbean peaked at 50.5 in 2009 and was at its lowest, 47.5, in 2021.
Caribbean ranks 57th of 87 countries on this measure, in the middle of the range.
Labour income share as a percent of GDP in Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 48.1 | — |
| 2005 | 49.5 | +2.9% |
| 2006 | 48.8 | -1.4% |
| 2007 | 48.6 | -0.4% |
| 2008 | 49.4 | +1.6% |
| 2009 | 50.5 | +2.2% |
| 2010 | 50.2 | -0.6% |
| 2011 | 50 | -0.4% |
| 2012 | 49 | -2.0% |
| 2013 | 49.2 | +0.4% |
| 2014 | 49 | -0.4% |
| 2015 | 48.2 | -1.6% |
| 2016 | 48.2 | +0.0% |
| 2017 | 48.2 | +0.0% |
| 2018 | 47.9 | -0.6% |
| 2019 | 48 | +0.2% |
| 2020 | 49.6 | +3.3% |
| 2021 | 47.5 | -4.2% |
| 2022 | 47.7 | +0.4% |
| 2023 | 48.3 | +1.3% |
| 2024 | 48 | -0.6% |
| 2025 | 48.2 | +0.4% |
| 2026 | 48.1 | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.15 | 48.1 | 50.5 | 6 |
| 2010s | 48.79 | 47.9 | 50.2 | 10 |
| 2020s | 48.2 | 47.5 | 49.6 | 7 |
Countries ranked near Caribbean
More work & labour data for Caribbean
- Population - Est. & Proj. — Total Population - Male 18,305 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5991 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5887 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.6092 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.6 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2651 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 39,824 1000 No (2050)
- Population - Est. & Proj. — Total Population - Both sexes 37,345 1000 No (2100)
- Population - Est. & Proj. — Total Population - Female 19,040 1000 No (2100)
- Population - Est. & Proj. — Rural population 8,434 1000 No (2050)
Frequently asked questions
- What is labour income share as a percent of gdp in Caribbean?
- Labour income share as a percent of gdp in Caribbean was 48.1 in 2026, according to International Labour Organization.
- What is the highest labour income share as a percent of gdp recorded in Caribbean?
- The highest recorded value was 50.5 in 2009.
- What is the lowest labour income share as a percent of gdp recorded in Caribbean?
- The lowest recorded value was 47.5 in 2021.
- How does Caribbean rank for labour income share as a percent of gdp?
- Caribbean ranks 57th out of 87 countries with data for 2026.
- Is labour income share as a percent of gdp rising or falling in Caribbean?
- Over the last ten years it is down 0.2%. The long-run trend across the full record is flat.
- Where does this Caribbean data come from?
- The figures come from International Labour Organization, published as part of Labour income share as a percent of GDP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. The labour income share in GDP is the ratio, in percentage, between total labour income and gross domestic product (a measure of total output), both provided in nominal terms. Labour income includes the compensation of employees and part of the income of the self-employed. Self-employed workers earn from both their work and capital ownership. Total compensation of employees refers to the remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. The labour income of self-employed is imputed on the basis of a statistical analysis of employees of similar characteristics. The labour income share after accounting for the labour income of the self-employed is often referred to as the adjusted labour income share in GDP. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.