Azerbaijan vs Luxembourg: Compensation of employees
Compensation of employees over time
- Azerbaijan
- Luxembourg
How they compare
Luxembourg currently reports 7.67 billion current LCU against 5.05 billion current LCU in Azerbaijan, a difference of 2.61 billion current LCU.
That makes Luxembourg's figure about 1.5 times Azerbaijan's.
Across all 22 years both countries report, Luxembourg has been ahead every year.
Azerbaijan ranks 119th and Luxembourg ranks 116th of 156 countries.
Luxembourg has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Azerbaijan | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 50.16 million current LCU | 1.33 billion current LCU | 1.28 billion current LCU | Luxembourg |
| 2000s | 1.46 billion current LCU | 2.91 billion current LCU | 1.45 billion current LCU | Luxembourg |
| 2010s | 2.12 billion current LCU | 4.03 billion current LCU | 1.91 billion current LCU | Luxembourg |
| 2020s | 4.32 billion current LCU | 6.55 billion current LCU | 2.23 billion current LCU | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Azerbaijan or Luxembourg?
- Luxembourg, at 7.67 billion current LCU against 5.05 billion current LCU in Azerbaijan as of 2024.
- What is the difference in compensation of employees between Azerbaijan and Luxembourg?
- 2.61 billion current LCU, with Luxembourg ahead.
- How many years of comparable data are there for Azerbaijan and Luxembourg?
- 22 years are reported by both, from 1994 to 2024.
- How do Azerbaijan and Luxembourg rank globally for compensation of employees?
- Azerbaijan ranks 119th and Luxembourg ranks 116th 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.