Share of Labour Compensation in GDP at Current National Prices for Brazil
LABSHPBRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.58
Year-over-Year Change
6.74%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Labour Compensation in GDP at Current National Prices for Brazil' measures the proportion of a country's total economic output that goes to employee compensation.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric provides insight into the distribution of income between labor and capital in the Brazilian economy. It is an important indicator used by economists to analyze factors driving economic growth and income inequality.
Methodology
The data is calculated by the OECD using national accounts statistics.
Historical Context
This trend is closely watched by policymakers and investors to gauge Brazil's economic and labor market conditions.
Key Facts
- Brazil's labor compensation share was 49.7% in 2020.
- The metric has trended downward since the 1990s.
- Declining labor share can indicate rising inequality.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of a country's GDP that goes to employee compensation, providing insight into income distribution between labor and capital.
Q: Why is this trend relevant for users or analysts?
A: The labor compensation share is an important indicator of economic conditions and inequality that is closely watched by policymakers and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to gauge the health of the labor market and factors driving economic growth and income distribution.
Q: Are there update delays or limitations?
A: The data may have a lag of several months due to the time required to compile national accounts statistics.
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Citation
U.S. Federal Reserve, Share of Labour Compensation in GDP at Current National Prices for Brazil (LABSHPBRA156NRUG), retrieved from FRED.