Labour income share as a percent of GDP (ILO modelled estimates) in Latin America and the Caribbean: High income
Latin America and the Caribbean: High income: Labour income share as a percent of GDP (ILO modelled estimates) was 51.1 in 2026. ▬ Flat
Labour income share as a percent of GDP in Latin America and the Caribbean: High income, 2004–2026
Source: International Labour Organization.
Analysis
Latin America and the Caribbean: High income recorded 51.1 for labour income share as a percent of gdp in 2026.
The figure is up 0.6% over ten years.
Over the whole period, labour income share as a percent of gdp in Latin America and the Caribbean: High income peaked at 53.4 in 2004 and was at its lowest, 48.8, in 2007.
That places Latin America and the Caribbean: High income 43rd out of 87 groups with data for 2026, putting it in the middle of the range.
Labour income share as a percent of GDP (ILO modelled estimates) in Latin America and the Caribbean: High income, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 53.4 | — |
| 2005 | 51.9 | -2.8% |
| 2006 | 49.2 | -5.2% |
| 2007 | 48.8 | -0.8% |
| 2008 | 50.5 | +3.5% |
| 2009 | 51.2 | +1.4% |
| 2010 | 49.5 | -3.3% |
| 2011 | 49.8 | +0.6% |
| 2012 | 49.9 | +0.2% |
| 2013 | 49.9 | +0.0% |
| 2014 | 50.2 | +0.6% |
| 2015 | 50.4 | +0.4% |
| 2016 | 50.8 | +0.8% |
| 2017 | 50.8 | +0.0% |
| 2018 | 52.5 | +3.3% |
| 2019 | 53 | +1.0% |
| 2020 | 51.7 | -2.5% |
| 2021 | 50 | -3.3% |
| 2022 | 50.8 | +1.6% |
| 2023 | 51.8 | +2.0% |
| 2024 | 50.9 | -1.7% |
| 2025 | 51.1 | +0.4% |
| 2026 | 51.1 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 50.83 | 48.8 | 53.4 | 6 |
| 2010s | 50.68 | 49.5 | 53 | 10 |
| 2020s | 51.06 | 50 | 51.8 | 7 |
Countries ranked near Latin America and the Caribbean: High income
More work & labour data for Latin America and the Caribbean: High income
- Labour force (ILO modelled estimates) 19,892 (2027)
- Labour force participation rate (ILO modelled estimates) 60.43 (2027)
- Persons outside the labour force (ILO modelled estimates) 13,027 (2027)
- Unemployment rate (ILO modelled estimates) 8.14 (2027)
- Labour dependency ratio 1.17 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 76,690 (2027)
- Output per worker, GDP constant 2015 US $ 40,488 (2027)
- Employment-to-population ratio (ILO modelled estimates) 55.51 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.8477 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.8323 % change on previous year (2027)
Frequently asked questions
- What is labour income share as a percent of gdp in Latin America and the Caribbean: High income?
- Labour income share as a percent of gdp in Latin America and the Caribbean: High income was 51.1 in 2026, according to International Labour Organization.
- What is the highest labour income share as a percent of gdp recorded in Latin America and the Caribbean: High income?
- The highest recorded value was 53.4 in 2004.
- What is the lowest labour income share as a percent of gdp recorded in Latin America and the Caribbean: High income?
- The lowest recorded value was 48.8 in 2007.
- How does Latin America and the Caribbean: High income rank for labour income share as a percent of gdp?
- Latin America and the Caribbean: High income ranks 43rd out of 87 groups with data for 2026.
- Is labour income share as a percent of gdp rising or falling in Latin America and the Caribbean: High income?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is flat.
- Where does this Latin America and the Caribbean: High income 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.
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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.