Basu, DeepankarHuato, JulioJauregui, Jesus LaraWasner, Evan2024-04-262022-01-02202210.7275/43yv-c721https://hdl.handle.net/20.500.14394/22304In this paper we present estimates of the world profit rate using country-level data from the Extended Penn World Table 7.0 and industry-level data from the World Input Output Database. The country-aggregated world profit rate series spans the period from 1960 to 2019, and the industry-aggregated world profit rate series runs from 2000 to 2014. The country-aggregated world profit rate series displays a strong negative linear trend for the period 1960-1980 and a weaker negative linear trend from 1980 to 2019. A medium run decomposition analysis reveals that the decline in the world profit rate is driven by a decline in the output-capital ratio. The industry-aggregated world profit rate shows a negative linear trend for the period 2000-2014, which, once again, is driven by a fall in the output-capital ratio. We have created a World Profitability Dashboard to allow researchers to freely access profit rate series and the underlying data at country, industry, country-group and world levels of aggregation.UMass Amherst Open Access Policyhttp://creativecommons.org/licenses/by-nc-nd/3.0/profit rateprofit shareoutput-capital ratioprofitability decompositionEconomic HistoryEconomic TheoryIncome DistributionIndustrial OrganizationPolitical EconomyWorking Paper