Indicator 10.4.1 - Labour share of GDP, comprising wages and social protection transfers
US share of labor compensation in GDP in current national prices
US share of labor compensation in GDP in current national prices
Global Metadata
This table provides information on metadata for SDG indicators as defined by the United Nations Statistical Commission. Complete global metadata documentation on all indicators in Goal 10, unless otherwise noted, is provided by the UN Statistics Division.
| SDG Indicator Name | Labour share of GDP, comprising wages and social protection transfers |
|---|---|
| SDG Target Addressed | Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equality. |
| Definition of SDG Indicator | The definition of the labor share is based on ILO (2014a) and augmented with social protection transfers including (but not only) employers' social security contributions. |
| UN Designated Tier | 1 |
| UN Custodial Agency | ILO (Partnering Agencies: IMF) |
U.S. Metadata
This table provides metadata for the actual indicator available from U.S. statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from U.S. statistics, this table should be consulted for information on national methodology and other US-specific metadata information
| Method of computation for global SDG indicator | |
|---|---|
| Graph Title | US share of labor compensation in GDP in current national prices |
| Actual indicator available | Share of labor compensation in GDP in current national prices |
| Description of actual indicator available | |
| Method of computation | |
| Comments and limitations | |
| Periodicity | Annual |
| Time Period | 2007-2014 |
| Unit of measure | Proportion |
| Disaggregation #1 (Industry or social categories) | |
| Disaggregation #2 (Geographical coverage) | |
| Date of public data release from National source | June 2016 |
| Date of last Update of This Page | December 2016 |
| Scheduled Update by National source | June 2017 |
| Scheduled Update by SDG Team | |
| Data Source1 (Agency STAFF NAME) | University of Groningen, University of California, Davis |
| Data Source2 (Staff E-MAIL) | |
| Data Source3 (Agency/Survey/Dataset name) | Penn World Table 9.0 |
| Indicator web address (closest to data provided) | https://fred.stlouisfed.org/series/LABSHPUSA156NRUG |
| International and National References |