Output per worker, GDP constant 2021 international $ at PPP in Latin America and the Caribbean
Latin America and the Caribbean: Output per worker, GDP constant 2021 international $ at PPP was 44,022 in 2027. ▲ Rising
Output per worker, GDP constant 2021 international $ at PPP in Latin America and the Caribbean, 1991–2027
Source: International Labour Organization.
Analysis
The most recent figure for output per worker, gdp constant 2021 international $ at ppp in Latin America and the Caribbean is 44,022, measured in 2027.
The figure is up 1.6% on the previous year and up 1.6% over ten years.
Over the whole period, output per worker, gdp constant 2021 international $ at ppp in Latin America and the Caribbean peaked at 44,982 in 2013 and was at its lowest, 36,425, in 1992.
That places Latin America and the Caribbean 53rd out of 87 groups with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Output per worker, GDP constant 2021 international $ at PPP in Latin America and the Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 36,442 | — |
| 1992 | 36,425 | -0.0% |
| 1993 | 36,634 | +0.6% |
| 1994 | 37,472 | +2.3% |
| 1995 | 37,406 | -0.2% |
| 1996 | 38,291 | +2.4% |
| 1997 | 38,958 | +1.7% |
| 1998 | 39,171 | +0.5% |
| 1999 | 38,729 | -1.1% |
| 2000 | 39,396 | +1.7% |
| 2001 | 38,666 | -1.9% |
| 2002 | 37,883 | -2.0% |
| 2003 | 37,572 | -0.8% |
| 2004 | 38,752 | +3.1% |
| 2005 | 39,341 | +1.5% |
| 2006 | 40,421 | +2.7% |
| 2007 | 41,838 | +3.5% |
| 2008 | 42,565 | +1.7% |
| 2009 | 41,180 | -3.3% |
| 2010 | 42,818 | +4.0% |
| 2011 | 44,000 | +2.8% |
| 2012 | 44,322 | +0.7% |
| 2013 | 44,982 | +1.5% |
| 2014 | 44,832 | -0.3% |
| 2015 | 44,322 | -1.1% |
| 2016 | 43,557 | -1.7% |
| 2017 | 43,350 | -0.5% |
| 2018 | 42,887 | -1.1% |
| 2019 | 42,054 | -1.9% |
| 2020 | 42,232 | +0.4% |
| 2021 | 42,507 | +0.7% |
| 2022 | 42,224 | -0.7% |
| 2023 | 42,366 | +0.3% |
| 2024 | 42,579 | +0.5% |
| 2025 | 42,936 | +0.8% |
| 2026 | 43,349 | +1.0% |
| 2027 | 44,022 | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37,725 | 36,425 | 39,171 | 9 |
| 2000s | 39,761 | 37,572 | 42,565 | 10 |
| 2010s | 43,712 | 42,054 | 44,982 | 10 |
| 2020s | 42,777 | 42,224 | 44,022 | 8 |
Countries ranked near Latin America and the Caribbean
More work & labour data for Latin America and the Caribbean
- Persons outside the labour force (ILO modelled estimates) 198,545 (2027)
- Labour force participation rate (ILO modelled estimates) 62.53 (2027)
- Labour force (ILO modelled estimates) 331,299 (2027)
- Employment-to-population ratio (ILO modelled estimates) 59.34 (2027)
- Unemployment rate (ILO modelled estimates) 5.1 (2027)
- Labour dependency ratio 1.15 (2027)
- Output per worker, GDP constant 2015 US $ 20,218 (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)
- Employment (ILO modelled estimates) 307,384 (2025)
Frequently asked questions
- What is output per worker, gdp constant 2021 international $ at ppp in Latin America and the Caribbean?
- Output per worker, gdp constant 2021 international $ at ppp in Latin America and the Caribbean was 44,022 in 2027, according to International Labour Organization.
- What is the highest output per worker, gdp constant 2021 international $ at ppp recorded in Latin America and the Caribbean?
- The highest recorded value was 44,982 in 2013.
- What is the lowest output per worker, gdp constant 2021 international $ at ppp recorded in Latin America and the Caribbean?
- The lowest recorded value was 36,425 in 1992.
- How does Latin America and the Caribbean rank for output per worker, gdp constant 2021 international $ at ppp?
- Latin America and the Caribbean ranks 53rd out of 87 groups with data for 2027.
- Is output per worker, gdp constant 2021 international $ at ppp rising or falling in Latin America and the Caribbean?
- Over the last ten years it is up 1.6%. 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 Output per worker, GDP constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
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About this data
This measure of labour productivity is calculated using data on GDP (in constant 2021 international dollars at PPP) 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.