Armenia vs Serbia: Compensation of employees
Compensation of employees over time
- Armenia
- Serbia
How they compare
Serbia currently reports 443.02 billion current LCU against 428.74 billion current LCU in Armenia, a difference of 14.28 billion current LCU.
The two have swapped places 2 times across 16 shared years of data; in 2007 it was Serbia ahead.
Armenia ranks 47th and Serbia ranks 45th of 156 countries.
Serbia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Armenia | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 153.02 billion current LCU | 264.72 billion current LCU | 111.69 billion current LCU | Serbia |
| 2010s | 245.26 billion current LCU | 293.33 billion current LCU | 48.06 billion current LCU | Serbia |
| 2020s | 326.68 billion current LCU | 411.89 billion current LCU | 85.21 billion current LCU | Serbia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Armenia or Serbia?
- Serbia, at 443.02 billion current LCU against 428.74 billion current LCU in Armenia as of 2022.
- What is the difference in compensation of employees between Armenia and Serbia?
- 14.28 billion current LCU, with Serbia ahead.
- How many years of comparable data are there for Armenia and Serbia?
- 16 years are reported by both, from 2007 to 2022.
- How do Armenia and Serbia rank globally for compensation of employees?
- Armenia ranks 47th and Serbia ranks 45th of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Compensation of employees (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.