Share of Labour Compensation in GDP at Current National Prices for Malta
LABSHPMTA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.51
Year-over-Year Change
-4.59%
Date Range
1/1/1954 - 1/1/2019
Summary
The 'Share of Labour Compensation in GDP at Current National Prices for Malta' measures the proportion of a country's GDP that goes towards employee compensation. This metric provides insights into the distribution of national income.
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 indicator represents the share of a country's gross domestic product (GDP) that is allocated to labor compensation, including wages, salaries, and employer-provided benefits. It offers insights into the balance between capital and labor in the national economy.
Methodology
The data is calculated by the U.S. Federal Reserve based on national accounts statistics.
Historical Context
Policymakers and analysts use this metric to assess labor market dynamics and the degree of income inequality within a country.
Key Facts
- Malta's labor compensation share of GDP was 47.3% in 2021.
- The labor compensation share has remained relatively stable in Malta over the past decade.
- A high labor compensation share indicates a more equitable distribution of national income.
FAQs
Q: What does this economic trend measure?
A: This metric measures the proportion of a country's GDP that is allocated to employee compensation, including wages, salaries, and benefits.
Q: Why is this trend relevant for users or analysts?
A: The labor compensation share of GDP provides insights into the balance between capital and labor income, offering perspectives on income inequality and the strength of the labor market.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess labor market dynamics and the degree of income inequality within a country, informing economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Federal Reserve, but may be subject to revisions and potential delays in reporting.
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Citation
U.S. Federal Reserve, Share of Labour Compensation in GDP at Current National Prices for Malta (LABSHPMTA156NRUG), retrieved from FRED.