GDP per person employed (constant 2021 PPP $) in Latin America & Caribbean (excluding high income) stood at 41,332 constant 2021 PPP $ in 2025, according to World Bank (ILO). The latest value is up 0.7% from 41,061 constant 2021 PPP $ in 2024. Ten years earlier, in 2015, the value was 41,251 constant 2021 PPP $ (up 0.2% since). The highest value since 1991 was 41,573 constant 2021 PPP $ in 2014, the lowest 33,588 constant 2021 PPP $ in 1992.
Data source: World Bank (ILO) · Unit: constant 2021 PPP $ · Category: Labor and Employment · Explore more indicators on EconDash
GDP per person employed (constant 2021 PPP $), measured in constant 2021 PPP $, measures the total economic output of Latin America & Caribbean (excluding high income). It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Latin America & Caribbean (excluding high income), the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.
GDP per person employed (constant 2021 PPP $) in Latin America & Caribbean (excluding high income) stood at 41,332 constant 2021 PPP $ in 2025, according to World Bank (ILO).
The latest value is up 0.7% from 41,061 constant 2021 PPP $ in 2024. Ten years earlier, in 2015, the value was 41,251 constant 2021 PPP $ (up 0.2% since).
The highest value since 1991 was 41,573 constant 2021 PPP $ in 2014, the lowest 33,588 constant 2021 PPP $ in 1992.
| Indicator | GDP per person employed (constant 2021 PPP $) |
|---|---|
| Country | Latin America & Caribbean (excluding high income) |
| Category | Labor and Employment |
| Unit | constant 2021 PPP $ |
| Source | World Bank (ILO) |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
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World Bank. (2026). GDP per person employed (constant 2021 PPP $) — Latin America & Caribbean (excluding high income) [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/labor-productivity/LAC. Original source: https://data.worldbank.org/indicator/SL.GDP.PCAP.EM.KD
World Bank. "GDP per person employed (constant 2021 PPP $) — Latin America & Caribbean (excluding high income)." EconDash, 2026, https://econdash.org/chart/labor-productivity/LAC. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/SL.GDP.PCAP.EM.KD.
World Bank. 2026. "GDP per person employed (constant 2021 PPP $) — Latin America & Caribbean (excluding high income)." EconDash. Accessed November 13, 2026. https://econdash.org/chart/labor-productivity/LAC. Original source: https://data.worldbank.org/indicator/SL.GDP.PCAP.EM.KD.
@misc{econdash_labor_productivity_lac,
author = {{World Bank}},
title = {{GDP per person employed (constant 2021 PPP \$) --- Latin America \& Caribbean (excluding high income)}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/labor-productivity/LAC},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/SL.GDP.PCAP.EM.KD}
}Browse indicators available for Latin America & Caribbean (excluding high income). Click any indicator to view its interactive chart, compare with other countries, and download historical data.
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