Share of Labour Compensation in GDP at Current National Prices for France
LABSHPFRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.62
Year-over-Year Change
2.77%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Labour Compensation in GDP at Current National Prices for France' measures the proportion of GDP that goes to employee compensation in France. This metric provides insight into the distribution of national income and can inform economic policy decisions.
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 series represents the ratio of total labor compensation to GDP in France, calculated using current national prices. It is a key measure of income distribution and can offer perspectives on factors like productivity, inflation, and the social safety net.
Methodology
The data is collected and calculated by the OECD based on national accounts information.
Historical Context
Policymakers and analysts use this metric to assess the balance between labor and other income sources in the French economy.
Key Facts
- France's labor compensation share of GDP was 55.4% in 2020.
- The labor share has declined from over 60% in the 1970s.
- Declining labor share can indicate a shift toward capital-intensive production.
FAQs
Q: What does this economic trend measure?
A: This metric measures the proportion of France's GDP that goes to employee compensation, providing insight into income distribution in the economy.
Q: Why is this trend relevant for users or analysts?
A: The labor compensation share is a key indicator of how national income is divided between labor and other factors of production, which is relevant for assessing economic performance and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on national accounts information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the balance between labor and other income sources, which can inform decisions around taxation, labor market policies, and social welfare programs.
Q: Are there update delays or limitations?
A: The data is subject to the timelines of national accounts reporting and may have a delay of several months to a year.
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Citation
U.S. Federal Reserve, Share of Labour Compensation in GDP at Current National Prices for France (LABSHPFRA156NRUG), retrieved from FRED.