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Data of the day 4/10
−17.3 points

Australia's labour share of GDP has fallen 17 points since its 1974 peak; Italy's by 11.

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The labour share fell in all thirteen countries, by 3 to 17 points

Labour income as % of GDP. Grey: post-1970 peak with its year. Blue: latest data (2023).

Australia
54.671.9 · 1974
-17.3
Netherlands
55.973.1 · 1975
-17.2
Italy
51.262.6 · 1975
-11.4
Sweden
61.072.0 · 1977
-11.0
Canada
65.975.8 · 1972
-9.9
France
63.171.5 · 1980
-8.4
United States
56.864.9 · 1970
-8.1
New Zealand
55.462.9 · 1982*
-7.4
Spain
59.566.7 · 1980*
-7.2
Germany
63.769.4 · 1981*
-5.6
United Kingdom
59.564.8 · 1975
-5.3
South Korea
54.659.0 · 1996
-4.4
Japan
58.862.1 · 1977
-3.3

Hover or tap a country for details.

* Series only available from 1980-82: the true peak may be earlier.

Source: Penn World Table 11.0 via FRED, labour income share of GDP at current prices.

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