Labour income share as a percent of GDP in Latin America and the Caribbean
Latin America and the Caribbean: Labour income share as a percent of GDP was 49.3 in 2026. ▲ Rising
Labour income share as a percent of GDP in Latin America and the Caribbean, 2004–2026
Source: International Labour Organization.
Analysis
In 2026, labour income share as a percent of gdp in Latin America and the Caribbean stood at 49.3.
That represents a change of up 0.2% on the previous year and up 0.4% over ten years.
Over the whole period, labour income share as a percent of gdp in Latin America and the Caribbean peaked at 50.2 in 2014 and was at its lowest, 45.8, in 2004.
That places Latin America and the Caribbean 52nd out of 87 groups with data for 2026, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Labour income share as a percent of GDP in Latin America and the Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 45.8 | — |
| 2005 | 46 | +0.4% |
| 2006 | 46 | +0.0% |
| 2007 | 45.8 | -0.4% |
| 2008 | 46.5 | +1.5% |
| 2009 | 49.2 | +5.8% |
| 2010 | 47.6 | -3.3% |
| 2011 | 47.8 | +0.4% |
| 2012 | 48.6 | +1.7% |
| 2013 | 49.5 | +1.9% |
| 2014 | 50.2 | +1.4% |
| 2015 | 49.2 | -2.0% |
| 2016 | 49.1 | -0.2% |
| 2017 | 48.7 | -0.8% |
| 2018 | 48.4 | -0.6% |
| 2019 | 48.6 | +0.4% |
| 2020 | 48.9 | +0.6% |
| 2021 | 47.8 | -2.2% |
| 2022 | 48.2 | +0.8% |
| 2023 | 48.9 | +1.5% |
| 2024 | 49 | +0.2% |
| 2025 | 49.2 | +0.4% |
| 2026 | 49.3 | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.55 | 45.8 | 49.2 | 6 |
| 2010s | 48.77 | 47.6 | 50.2 | 10 |
| 2020s | 48.76 | 47.8 | 49.3 | 7 |
Countries ranked near Latin America and the Caribbean
More work & labour data for Latin America and the Caribbean
- Labour force (ILO modelled estimates) 331,299 (2027)
- Labour force participation rate (ILO modelled estimates) 62.53 (2027)
- Persons outside the labour force (ILO modelled estimates) 198,545 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.34 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.9209 % change on previous year (2027)
- Output per worker, GDP constant 2021 international $ at PPP 44,022 (2027)
- Unemployment rate (ILO modelled estimates) 5.1 (2027)
- Labour dependency ratio 1.15 (2027)
- Employment-to-population ratio (ILO modelled estimates) 59.34 (2027)
- Output per worker, GDP constant 2015 US $ 20,218 (2027)
Frequently asked questions
- What is labour income share as a percent of gdp in Latin America and the Caribbean?
- Labour income share as a percent of gdp in Latin America and the Caribbean was 49.3 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?
- The highest recorded value was 50.2 in 2014.
- What is the lowest labour income share as a percent of gdp recorded in Latin America and the Caribbean?
- The lowest recorded value was 45.8 in 2004.
- How does Latin America and the Caribbean rank for labour income share as a percent of gdp?
- Latin America and the Caribbean ranks 52nd 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?
- Over the last ten years it is up 0.4%. The long-run trend across the full record is rising.
- Where does this Latin America and the 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.
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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.