Progress
Stagnation or regression
Stagnation or regression

Desired direction: No assessment

Sub-categories

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Headline data

Labour share of GDP
Year Value Units Series
2019 47.1 % Proportion of GDP generated by labor
2011 50.0 % Proportion of GDP generated by labor
2016 47.5 % Proportion of GDP generated by labor
2010 50.2 % Proportion of GDP generated by labor
2015 47.9 % Proportion of GDP generated by labor
2021 47.4 % Proportion of GDP generated by labor
2012 49.2 % Proportion of GDP generated by labor
2014 48.2 % Proportion of GDP generated by labor
2020 49.8 % Proportion of GDP generated by labor
2013 49.0 % Proportion of GDP generated by labor
2018 46.9 % Proportion of GDP generated by labor
2017 47.3 % Proportion of GDP generated by labor

Geographical Area:

Unit of Measurement:

Footnote:

Methodological sheet of the indicator available for the Autonomous Community of the Basque Country.

Available indicator

Labour share of GDP
Target

10.4 Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equality
Goal

10- Reduce inequality within and among countries
Definition

Salaried employees’ compensation as a proportion of GDP at current prices
Theoretical formula \[PPIBRA^{t} = \frac{RA^{t}}{PIB^{t}} \cdot 100\]

where:

$RA^{t} =$ salaried employees’ compensation in year $t$

$PIB^{t} =$ gross domestic product at current prices in year $t$
Available disaggregations

Province
Frequency

Annual
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Indicator calculated using a methodology harmonised across the central statistical bodies of the autonomous communities
Data last updated 2025/05/08
Metadata last updated 2025/06/13

Source 1

Eustat-Basque Statistics Institute
Organisation Eustat-Basque Statistics Institute
Periodicity Annual
Link to data source Economic Accounts

This section provides more information about the United Nations indicator or the European Union Sustainable Development Indicator, such as its rationale, international results, metadata, and other relevant statistics.

Rationale

Labour share of GDP seeks to inform about the relative share of GDP which accrues to workers as compared to the share which accrues to capital in a given reference period.

In order to interpret this indicator effectively, it is important to consider it together with economic growth trends. The share of labour compensation in national output can highlight the extent to which economic growth translates into higher incomes for employees over time (and/or higher earnings for the self-employed). In periods of economic recession, the labour income share provides an indication of the extent to which falling output reduces labour income relative to profits.

If labour income falls at a greater rate than profits, the labour income share will be expected to fall. By contrast, if there is a sharper decline in profits than in labour income, the share will rise.

For any given level of GDP and profits, the labour income share can fall as a result of falling wages, falling earnings of the self-employed, changes in the composition of employment by income or a combination of these.

Increased production and GDP often lead to improved living standards of individuals in the economy, but this will depend on the distribution of real income and public policy among other factors.

Source: United Nations Statistics Division
Comparability between the available indicator and the UN indicator

The available indicator complies with United Nations metadata.
International results

Labour share of GDP (%) SL_EMP_GTOTL UNSTATS
Link to UN metadata

Metadata 10-4-1.pdf
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