Canada vs Germany: Compensation of employees
Compensation of employees over time
- Canada
- Germany
How they compare
Germany currently reports 79.75 billion current LCU against 61.53 billion current LCU in Canada, a difference of 18.21 billion current LCU.
That makes Germany's figure about 1.3 times Canada's.
Across all 35 years both countries report, Germany has been ahead every year.
Canada ranks 79th and Germany ranks 76th of 156 countries.
Germany has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Canada | Germany | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 18.19 billion current LCU | 35.45 billion current LCU | 17.26 billion current LCU | Germany |
| 2000s | 26.78 billion current LCU | 42.97 billion current LCU | 16.19 billion current LCU | Germany |
| 2010s | 38.74 billion current LCU | 53.65 billion current LCU | 14.90 billion current LCU | Germany |
| 2020s | 53.97 billion current LCU | 71.93 billion current LCU | 17.96 billion current LCU | Germany |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Canada or Germany?
- Germany, at 79.75 billion current LCU against 61.53 billion current LCU in Canada as of 2024.
- What is the difference in compensation of employees between Canada and Germany?
- 18.21 billion current LCU, with Germany ahead.
- How many years of comparable data are there for Canada and Germany?
- 35 years are reported by both, from 1990 to 2024.
- How do Canada and Germany rank globally for compensation of employees?
- Canada ranks 79th and Germany ranks 76th 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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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.