Armenia vs South Africa: Compensation of employees

Armenia
428.74 billion current LCU
in 2024
South Africa
335.09 billion current LCU
in 2024
Armenia rank
47th
South Africa rank
49th

Compensation of employees over time

  • Armenia
  • South Africa
0100.0B200.0B300.0B400.0B197219982024

How they compare

Armenia currently reports 428.74 billion current LCU against 335.09 billion current LCU in South Africa, a difference of 93.66 billion current LCU.

That makes Armenia's figure about 1.3 times South Africa's.

The two have swapped places 1 time across 21 shared years of data; in 2004 it was South Africa ahead.

Armenia ranks 47th and South Africa ranks 49th of 156 countries.

Armenia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Armenia South Africa Difference Ahead
2000s 115.75 billion current LCU 81.33 billion current LCU 34.42 billion current LCU Armenia
2010s 245.26 billion current LCU 200.11 billion current LCU 45.15 billion current LCU Armenia
2020s 358.63 billion current LCU 310.08 billion current LCU 48.55 billion current LCU Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher compensation of employees, Armenia or South Africa?
Armenia, at 428.74 billion current LCU against 335.09 billion current LCU in South Africa as of 2024.
What is the difference in compensation of employees between Armenia and South Africa?
93.66 billion current LCU, with Armenia ahead.
How many years of comparable data are there for Armenia and South Africa?
21 years are reported by both, from 2004 to 2024.
How do Armenia and South Africa rank globally for compensation of employees?
Armenia ranks 47th and South Africa ranks 49th 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.

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Armenia vs South Africa: Compensation of employees. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 03 September 2026, from https://public-sector.statizoid.com/compare/compensation-of-employees-current-lcu/armenia/south-africa/

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About this data

Indicator
Compensation of employees (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,496 data points, 1972–2024
Last refreshed

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.