Output per worker, GDP constant 2015 US $ in Latin America and the Caribbean: Lower-middle income
Latin America and the Caribbean: Lower-middle income: Output per worker, GDP constant 2015 US $ was 5,320 in 2027. ▲ Rising
Output per worker, GDP constant 2015 US $ in Latin America and the Caribbean: Lower-middle income, 1991–2027
Source: International Labour Organization.
Analysis
Latin America and the Caribbean: Lower-middle income recorded 5,320 for output per worker, gdp constant 2015 us $ in 2027.
The figure is up 0.5% on the previous year and down 4.8% over ten years.
Over the whole period, output per worker, gdp constant 2015 us $ in Latin America and the Caribbean: Lower-middle income peaked at 5,587 in 2017 and was at its lowest, 4,166, in 1994.
Latin America and the Caribbean: Lower-middle income ranks 76th of 87 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Output per worker, GDP constant 2015 US $ in Latin America and the Caribbean: Lower-middle income, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 4,467 | — |
| 1992 | 4,364 | -2.3% |
| 1993 | 4,315 | -1.1% |
| 1994 | 4,166 | -3.5% |
| 1995 | 4,307 | +3.4% |
| 1996 | 4,363 | +1.3% |
| 1997 | 4,405 | +1.0% |
| 1998 | 4,475 | +1.6% |
| 1999 | 4,447 | -0.6% |
| 2000 | 4,539 | +2.1% |
| 2001 | 4,525 | -0.3% |
| 2002 | 4,533 | +0.2% |
| 2003 | 4,602 | +1.5% |
| 2004 | 4,668 | +1.5% |
| 2005 | 4,757 | +1.9% |
| 2006 | 4,874 | +2.5% |
| 2007 | 5,011 | +2.8% |
| 2008 | 5,089 | +1.6% |
| 2009 | 5,011 | -1.5% |
| 2010 | 4,965 | -0.9% |
| 2011 | 5,110 | +2.9% |
| 2012 | 5,194 | +1.7% |
| 2013 | 5,267 | +1.4% |
| 2014 | 5,343 | +1.5% |
| 2015 | 5,444 | +1.9% |
| 2016 | 5,556 | +2.1% |
| 2017 | 5,587 | +0.5% |
| 2018 | 5,502 | -1.5% |
| 2019 | 5,460 | -0.8% |
| 2020 | 5,302 | -2.9% |
| 2021 | 5,297 | -0.1% |
| 2022 | 5,347 | +0.9% |
| 2023 | 5,379 | +0.6% |
| 2024 | 5,345 | -0.6% |
| 2025 | 5,311 | -0.6% |
| 2026 | 5,291 | -0.4% |
| 2027 | 5,320 | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,368 | 4,166 | 4,475 | 9 |
| 2000s | 4,761 | 4,525 | 5,089 | 10 |
| 2010s | 5,343 | 4,965 | 5,587 | 10 |
| 2020s | 5,324 | 5,291 | 5,379 | 8 |
Countries ranked near Latin America and the Caribbean: Lower-middle income
- 73 Saint Vincent and the Grenadines 24,883 compare
- 74 Russian Federation 23,578 compare
- 75 Montenegro 23,476 compare
- 76 Bulgaria 23,195 compare
- 77 Mexico 22,910 compare
- 78 Djibouti 22,397 compare
- 79 Lebanon 22,042 compare
More work & labour data for Latin America and the Caribbean: Lower-middle income
- Labour force (ILO modelled estimates) 20,680 (2027)
- Labour force participation rate (ILO modelled estimates) 66.85 (2027)
- Persons outside the labour force (ILO modelled estimates) 10,255 (2027)
- Labour dependency ratio 1.26 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 15,281 (2027)
- Employment-to-population ratio (ILO modelled estimates) 62.31 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.74 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 1.88 % change on previous year (2027)
- Employment 18,533 (2025)
- Employment (ILO modelled estimates) 18,533 (2025)
All data for Latin America and the Caribbean: Lower-middle income →
Frequently asked questions
- What is output per worker, gdp constant 2015 us $ in Latin America and the Caribbean: Lower-middle income?
- Output per worker, gdp constant 2015 us $ in Latin America and the Caribbean: Lower-middle income was 5,320 in 2027, according to International Labour Organization.
- What is the highest output per worker, gdp constant 2015 us $ recorded in Latin America and the Caribbean: Lower-middle income?
- The highest recorded value was 5,587 in 2017.
- What is the lowest output per worker, gdp constant 2015 us $ recorded in Latin America and the Caribbean: Lower-middle income?
- The lowest recorded value was 4,166 in 1994.
- How does Latin America and the Caribbean: Lower-middle income rank for output per worker, gdp constant 2015 us $?
- Latin America and the Caribbean: Lower-middle income ranks 76th out of 87 groups with data for 2027.
- Is output per worker, gdp constant 2015 us $ rising or falling in Latin America and the Caribbean: Lower-middle income?
- Over the last ten years it is down 4.8%. The long-run trend across the full record is rising.
- Where does this Latin America and the Caribbean: Lower-middle income data come from?
- The figures come from International Labour Organization, published as part of Output per worker, GDP constant 2015 US $ (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
This measure of labour productivity is calculated using data on GDP in constant 2015 US dollars derived from the World Development Indicators database of the World Bank. To compute labour productivity as GDP per worker, ILO estimates for total employment are used. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.