GDP per person employed (constant 2021 PPP $) in Latin America & Caribbean stood at 43,303 constant 2021 PPP $ in 2025, according to World Bank (ILO). The latest value is up 0.8% from 42,971 constant 2021 PPP $ in 2024. Ten years earlier, in 2015, the value was 42,759 constant 2021 PPP $ (up 1.3% since). The latest value is the highest since 1991; the lowest was 34,117 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 . 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 , 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 stood at 43,303 constant 2021 PPP $ in 2025, according to World Bank (ILO).
The latest value is up 0.8% from 42,971 constant 2021 PPP $ in 2024. Ten years earlier, in 2015, the value was 42,759 constant 2021 PPP $ (up 1.3% since).
The latest value is the highest since 1991; the lowest was 34,117 constant 2021 PPP $ in 1992.
| Indicator | GDP per person employed (constant 2021 PPP $) |
|---|---|
| Country | Latin America & Caribbean |
| 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 [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/labor-productivity/LCN. Original source: https://data.worldbank.org/indicator/SL.GDP.PCAP.EM.KD
World Bank. "GDP per person employed (constant 2021 PPP $) — Latin America & Caribbean ." EconDash, 2026, https://econdash.org/chart/labor-productivity/LCN. 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 ." EconDash. Accessed November 13, 2026. https://econdash.org/chart/labor-productivity/LCN. Original source: https://data.worldbank.org/indicator/SL.GDP.PCAP.EM.KD.
@misc{econdash_labor_productivity_lcn,
author = {{World Bank}},
title = {{GDP per person employed (constant 2021 PPP \$) --- Latin America \& Caribbean }},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/labor-productivity/LCN},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/SL.GDP.PCAP.EM.KD}
}Browse indicators available for Latin America & Caribbean . Click any indicator to view its interactive chart, compare with other countries, and download historical data.
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