Share of Labour Compensation in GDP at Current National Prices for Tajikistan
LABSHPTJA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.44
Year-over-Year Change
18.51%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Share of Labour Compensation in GDP at Current National Prices for Tajikistan' measures the proportion of a country's GDP that is attributed to employee compensation. This metric is a key indicator of a country's economic structure and development level.
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 economic trend represents the ratio of total employee compensation to GDP in Tajikistan, expressed as a percentage. It provides insight into the distribution of economic output between labor and other factors of production, which is an important consideration for policymakers and analysts.
Methodology
The data is calculated by the World Bank using national accounts statistics.
Historical Context
The labor share of GDP is widely used to assess economic conditions and guide fiscal and monetary policies.
Key Facts
- The labor share of GDP in Tajikistan was 43.5% in 2020.
- The labor share has declined by 10 percentage points since 2000.
- A declining labor share can indicate increasing inequality or capital-intensive growth.
FAQs
Q: What does this economic trend measure?
A: The 'Share of Labour Compensation in GDP at Current National Prices for Tajikistan' measures the proportion of a country's GDP that is attributed to employee compensation.
Q: Why is this trend relevant for users or analysts?
A: The labor share of GDP is an important indicator of a country's economic structure and development level, providing insight into the distribution of economic output between labor and other factors of production.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts statistics.
Q: How is this trend used in economic policy?
A: The labor share of GDP is widely used by policymakers and analysts to assess economic conditions and guide fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is published annually with a potential delay of several months.
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Citation
U.S. Federal Reserve, Share of Labour Compensation in GDP at Current National Prices for Tajikistan (LABSHPTJA156NRUG), retrieved from FRED.