Belgium vs Ecuador: Compensation of employees
Compensation of employees over time
- Belgium
- Ecuador
How they compare
Belgium currently reports 15.04 billion current LCU against 10.10 billion current LCU in Ecuador, a difference of 4.93 billion current LCU.
That makes Belgium's figure about 1.5 times Ecuador's.
Across all 10 years both countries report, Belgium has been ahead every year.
Belgium ranks 106th and Ecuador ranks 108th of 156 countries.
Belgium has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Belgium | Ecuador | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 11.23 billion current LCU | 9.66 billion current LCU | 1.57 billion current LCU | Belgium |
| 2020s | 12.26 billion current LCU | 10.06 billion current LCU | 2.19 billion current LCU | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Belgium or Ecuador?
- Belgium, at 15.04 billion current LCU against 10.10 billion current LCU in Ecuador as of 2024.
- What is the difference in compensation of employees between Belgium and Ecuador?
- 4.93 billion current LCU, with Belgium ahead.
- How many years of comparable data are there for Belgium and Ecuador?
- 10 years are reported by both, from 2013 to 2022.
- How do Belgium and Ecuador rank globally for compensation of employees?
- Belgium ranks 106th and Ecuador ranks 108th 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.