Output per hour worked, GDP constant 2021 international $ at PPP in Latin America and the Caribbean: High income
Latin America and the Caribbean: High income: Output per hour worked, GDP constant 2021 international $ at PPP was 39.76 in 2027. ▲ Rising
Output per hour worked, GDP constant 2021 international $ at PPP in Latin America and the Caribbean: High income, 2005–2027
Source: International Labour Organization.
Analysis
The most recent figure for output per hour worked, gdp constant 2021 international $ at ppp in Latin America and the Caribbean: High income is 39.76, measured in 2027. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 2.7% on the previous year and up 21.1% over ten years.
Over the whole period, output per hour worked, gdp constant 2021 international $ at ppp in Latin America and the Caribbean: High income peaked at 39.76 in 2027 and was at its lowest, 27.9, in 2005.
That places Latin America and the Caribbean: High income 27th 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 23 years of available data.
Output per hour worked, GDP constant 2021 international $ at PPP in Latin America and the Caribbean: High income, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 27.9 | — |
| 2006 | 28.39 | +1.8% |
| 2007 | 28.84 | +1.6% |
| 2008 | 29.28 | +1.5% |
| 2009 | 29.55 | +0.9% |
| 2010 | 29.65 | +0.3% |
| 2011 | 30.05 | +1.3% |
| 2012 | 31.06 | +3.4% |
| 2013 | 31.68 | +2.0% |
| 2014 | 32.21 | +1.7% |
| 2015 | 32.42 | +0.7% |
| 2016 | 32.88 | +1.4% |
| 2017 | 32.82 | -0.2% |
| 2018 | 33.14 | +1.0% |
| 2019 | 33.35 | +0.6% |
| 2020 | 36.89 | +10.6% |
| 2021 | 36.72 | -0.5% |
| 2022 | 35.51 | -3.3% |
| 2023 | 35.97 | +1.3% |
| 2024 | 36.98 | +2.8% |
| 2025 | 37.83 | +2.3% |
| 2026 | 38.7 | +2.3% |
| 2027 | 39.76 | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.79 | 27.9 | 29.55 | 5 |
| 2010s | 31.93 | 29.65 | 33.35 | 10 |
| 2020s | 37.3 | 35.51 | 39.76 | 8 |
Countries ranked near Latin America and the Caribbean: High income
- 24 Spain 70.94 compare
- 25 United Kingdom of Great Britain and Northern Ireland 68.7 compare
- 26 Iceland 68.24 compare
- 27 Saudi Arabia 67.49 compare
- 28 Qatar 67.01 compare
- 29 Hong Kong, China 66.74 compare
- 30 New Caledonia 65.26 compare
More economy & growth data for Latin America and the Caribbean: High income
- Gross Domestic Product, GDP in millions constant 2021 international $ 1.40 million (2027)
Frequently asked questions
- What is output per hour worked, gdp constant 2021 international $ at ppp in Latin America and the Caribbean: High income?
- Output per hour worked, gdp constant 2021 international $ at ppp in Latin America and the Caribbean: High income was 39.76 in 2027, according to International Labour Organization.
- What is the highest output per hour worked, gdp constant 2021 international $ at ppp recorded in Latin America and the Caribbean: High income?
- The highest recorded value was 39.76 in 2027.
- What is the lowest output per hour worked, gdp constant 2021 international $ at ppp recorded in Latin America and the Caribbean: High income?
- The lowest recorded value was 27.9 in 2005.
- How does Latin America and the Caribbean: High income rank for output per hour worked, gdp constant 2021 international $ at ppp?
- Latin America and the Caribbean: High income ranks 27th out of 87 groups with data for 2027.
- Is output per hour worked, gdp constant 2021 international $ at ppp rising or falling in Latin America and the Caribbean: High income?
- Over the last ten years it is up 21.1%. The long-run trend across the full record is rising.
- Where does this Latin America and the Caribbean: High income data come from?
- The figures come from International Labour Organization, published as part of Output per hour worked, GDP constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
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.