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Indicator 10.4.1 Labour share of GDP, comprising wages and social protection transfers

Labour share of GDP, comprising wages, salaries and employers social contributions

The methodology used to compile this data differs from the labour share published in the Labour Productivity national statistic release, because it excludes the impact of the self-employed. Further information can be found in the Labour productivity, UK release and this article.

Sub-categories

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Headline data

Source: Office for National Statistics (ONS)

Geographical Area: United Kingdom

Unit of Measurement: Percentage (%)

This table provides metadata for the actual indicator available from UK statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from UK statistics, this table should be consulted for information on national methodology and other UK-specific metadata information.

Indicator available

Labour share of GDP, comprising wages, salaries and employers social contributions

Indicator description
Geographical coverage

United Kingdom

Unit of measurement

Percentage (%)

Definitions

The labour share of income estimates the income received by labour in the generation of value added, which includes the compensation of employees.

Available disaggregations
Calculations

(Compensation of employees / Gross Domestic Product at market prices) * 100

Other information

Labour Share of GDP seeks to inform about the relative share of GDP which accrues to workers as compared to the share which accrues to capital in each reference period.  In Periods of economic recession this figure provides an indication of the extent to which falling output reduces labour income relative to profits. If Labour income falls at a greater rate than profits the labour income share will be expected to fall. Increased production and GDP often lead to improved living standards, depending on the distribution of real income and public policy among other factors, which are reflected in this indicator. Data follows the UN specification for this indicator. This indicator has been identified in collaboration with topic experts.

Data last updated 2020-10-16: see changes on GitHub opens in a new window
Metadata last updated 2020-10-16: see changes on GitHub opens in a new window

This table provides information on metadata for SDG indicators as defined by the UN Statistical Commission. Complete global metadata is provided by the UN Statistics Division.

Indicator name

Labour share of GDP, comprising wages and social protection transfers

Target name

Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equality

Global indicator description
UN designated tier

Tier II

UN custodian agency

International Labour Organization (ILO)

Link to UN metadata United Nations Sustainable Development Goals Metadata (PDF 190 KB) opens in a new window
Organisation

Office for National Statistics (ONS)

Periodicity

Quarterly

Earliest available data

1948

Geographical coverage

United Kingdom

Link to data source UK Economic Accounts time series - Compenastion of employees as % of Gross Domestic Product opens in a new window
Release date

30/09/2019

Next release

20/12/2019

Statistical classification

National Statistic

Contact details

sector.accounts@ons.gov.uk

Other information