Output per hour worked, GDP constant 2021 international $ at PPP in Latin America and the Caribbean
Latin America and the Caribbean: Output per hour worked, GDP constant 2021 international $ at PPP was 21.66 in 2027. ▲ Rising
Output per hour worked, GDP constant 2021 international $ at PPP in Latin America and the Caribbean, 2005–2027
Source: International Labour Organization.
Analysis
In 2027, output per hour worked, gdp constant 2021 international $ at ppp in Latin America and the Caribbean stood at 21.66.
The figure is up 1.5% on the previous year and up 2.3% over ten years.
Over the whole period, output per hour worked, gdp constant 2021 international $ at ppp in Latin America and the Caribbean peaked at 22.36 in 2020 and was at its lowest, 18.32, in 2005.
That places Latin America and the Caribbean 52nd 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, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 18.32 | — |
| 2006 | 18.84 | +2.8% |
| 2007 | 19.77 | +4.9% |
| 2008 | 20.23 | +2.3% |
| 2009 | 19.74 | -2.4% |
| 2010 | 20.53 | +4.0% |
| 2011 | 21.11 | +2.8% |
| 2012 | 21.37 | +1.2% |
| 2013 | 21.71 | +1.6% |
| 2014 | 21.71 | +0.0% |
| 2015 | 21.53 | -0.8% |
| 2016 | 21.15 | -1.8% |
| 2017 | 21.18 | +0.1% |
| 2018 | 21.03 | -0.7% |
| 2019 | 20.68 | -1.7% |
| 2020 | 22.36 | +8.1% |
| 2021 | 21.1 | -5.6% |
| 2022 | 20.72 | -1.8% |
| 2023 | 20.84 | +0.6% |
| 2024 | 21.01 | +0.8% |
| 2025 | 21.15 | +0.7% |
| 2026 | 21.34 | +0.9% |
| 2027 | 21.66 | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.38 | 18.32 | 20.23 | 5 |
| 2010s | 21.2 | 20.53 | 21.71 | 10 |
| 2020s | 21.27 | 20.72 | 22.36 | 8 |
Countries ranked near Latin America and the Caribbean
- 49 Latvia 48.21 compare
- 50 Hungary 47.82 compare
- 51 Panama 45.6 compare
- 52 Russian Federation 44.84 compare
- 53 Kazakhstan 43.82 compare
- 54 United Arab Emirates 43.66 compare
- 55 Türkiye 43.09 compare
More economy & growth data for Latin America and the Caribbean
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.54 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.86 Percent per annum (2028)
- Gross Domestic Product, GDP in millions constant 2021 international $ 13.84 million (2027)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 32.96 Percentage of GDP (2028)
- 2.5.1b Number of transboundary breeds (including extinct ones) — Value 348 No (2025)
- 2.5.2 Number of transboundary breeds with unknown risk status — Value 182 No (2025)
- 2.5.2 Number of transboundary breeds (not extinct) — Value 340 No (2025)
- 2.5.2 Number of local breeds with unknown risk status — Value 452 No (2025)
- 2.5.2 Number of local breeds (not extinct) — Value 569 No (2025)
- 2.5.1b Number of local breeds kept in the country — Value 580 No (2025)
Frequently asked questions
- What is output per hour worked, gdp constant 2021 international $ at ppp in Latin America and the Caribbean?
- Output per hour worked, gdp constant 2021 international $ at ppp in Latin America and the Caribbean was 21.66 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?
- The highest recorded value was 22.36 in 2020.
- What is the lowest output per hour worked, gdp constant 2021 international $ at ppp recorded in Latin America and the Caribbean?
- The lowest recorded value was 18.32 in 2005.
- How does Latin America and the Caribbean rank for output per hour worked, gdp constant 2021 international $ at ppp?
- Latin America and the Caribbean ranks 52nd 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?
- Over the last ten years it is up 2.3%. 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 hour worked, GDP constant 2021 international $ at PPP (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. 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.