Labor productivity in Latin America & Caribbean in 2025 — 43,303 $/person. Since 1991, the indicator has risen by 26.9%.
1991–2025 · PPP $ per person employed
How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean
| Year | $/person | Change | Change, % |
|---|---|---|---|
| 2025 | 43,303 | +332 | +0.77% |
| 2024 | 42,971 | +193 | +0.45% |
| 2023 | 42,778 | +120 | +0.28% |
| 2022 | 42,658 | −295 | −0.69% |
| 2021 | 42,954 | +290 | +0.68% |
| 2020 | 42,664 | +428 | +1.01% |
| 2019 | 42,236 | −480 | −1.12% |
| 2018 | 42,716 | −121 | −0.28% |
| 2017 | 42,837 | +219 | +0.51% |
| 2016 | 42,618 | −140 | −0.33% |
| 2015 | 42,759 | −270 | −0.63% |
| 2014 | 43,029 | +72 | +0.17% |
| 2013 | 42,956 | +659 | +1.56% |
| 2012 | 42,297 | +162 | +0.38% |
| 2011 | 42,136 | +1,142 | +2.78% |
| 2010 | 40,994 | +1,826 | +4.66% |
| 2009 | 39,168 | −1,279 | −3.16% |
| 2008 | 40,447 | +639 | +1.61% |
| 2007 | 39,807 | +1,222 | +3.17% |
| 2006 | 38,585 | +869 | +2.3% |
| 2005 | 37,716 | +410 | +1.1% |
| 2004 | 37,306 | +835 | +2.29% |
| 2003 | 36,471 | −42 | −0.12% |
| 2002 | 36,513 | −495 | −1.34% |
| 2001 | 37,008 | −796 | −2.11% |
| 2000 | 37,804 | +653 | +1.76% |
| 1999 | 37,151 | −269 | −0.72% |
| 1998 | 37,420 | +329 | +0.89% |
| 1997 | 37,091 | +621 | +1.7% |
| 1996 | 36,470 | +998 | +2.81% |
| 1995 | 35,471 | −171 | −0.48% |
| 1994 | 35,643 | +1,066 | +3.08% |
| 1993 | 34,577 | +460 | +1.35% |
| 1992 | 34,117 | −8 | −0.02% |
| 1991 | 34,125 | — | — |
Gross domestic product per person employed in constant dollars at purchasing power parity. It differs from GDP per capita in the denominator: there the whole population, here only those who work — and the difference between the two indicators speaks of demography and employment. A country can have a low GDP per capita alongside decent productivity simply because only a small part of the population works: many children, many women out of employment, early retirement.
Important: There are no aggregates for country groups: the correct denominator is the number of people employed, and we have no separate series for the employed. The labor force will not do — it includes the unemployed, and the discrepancy is largest precisely in countries with high unemployment.
Source: ILOSTAT (ILO), license CC BY 4.0.
The soundest measure of living standards: income per person adjusted for prices.
Labor Employment-to-population ratioThe share of the population aged 15 and over that actually works.
Labor Labor forceThe number of people employed or actively looking for work — the economically active population.
Labor Vulnerable employmentThe share of own-account and contributing family workers — with no contract, insurance or guarantees.