Latin America and the Caribbean vs Panama: Output per hour worked, GDP constant 2021 international $ at PPP
Output per hour worked, GDP constant 2021 international $ at PPP over time
- Latin America and the Caribbean
- Panama
How they compare
Panama currently reports 45.6 against 21.66 in Latin America and the Caribbean, a difference of 23.94.
That makes Panama's figure about 2.1 times Latin America and the Caribbean's.
Across all 23 years both countries report, Panama has been ahead every year.
Latin America and the Caribbean ranks 52nd and Panama ranks 51st of 87 groups.
Panama has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America and the Caribbean | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 19.38 | 22.81 | 3.43 | Panama |
| 2010s | 21.2 | 32.02 | 10.82 | Panama |
| 2020s | 21.27 | 42.69 | 21.42 | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher output per hour worked, gdp constant 2021 international $ at ppp, Latin America and the Caribbean or Panama?
- Panama, at 45.6 against 21.66 in Latin America and the Caribbean as of 2027.
- What is the difference in output per hour worked, gdp constant 2021 international $ at ppp between Latin America and the Caribbean and Panama?
- 23.94, with Panama ahead.
- How many years of comparable data are there for Latin America and the Caribbean and Panama?
- 23 years are reported by both, from 2005 to 2027.
- How do Latin America and the Caribbean and Panama rank globally for output per hour worked, gdp constant 2021 international $ at ppp?
- Latin America and the Caribbean ranks 52nd and Panama ranks 51st of 87 groups.
- Where does this data come from?
- International Labour Organization, published as Output per hour worked, GDP constant 2021 international $ at PPP (ILO modelled estimates). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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. This series is based on the 13th ICLS definitions. 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. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.