Canada vs Honduras: Compensation of employees

Canada
61.53 billion current LCU
in 2024
Honduras
68.04 billion current LCU
in 2020
Canada rank
79th
Honduras rank
78th

Compensation of employees over time

  • Canada
  • Honduras
020.0B40.0B60.0B197219982024

How they compare

Honduras currently reports 68.04 billion current LCU against 61.53 billion current LCU in Canada, a difference of 6.51 billion current LCU.

That makes Honduras's figure about 1.1 times Canada's.

The two have swapped places 1 time across 14 shared years of data; in 2003 it was Canada ahead.

Canada ranks 79th and Honduras ranks 78th of 156 countries.

Across the 3 decades both report, Canada averaged higher in 1 and Honduras in 2.

Head to head by decade

Decade Canada Honduras Difference Ahead
2000s 28.86 billion current LCU 22.83 billion current LCU 6.03 billion current LCU Canada
2010s 37.21 billion current LCU 42.08 billion current LCU 4.87 billion current LCU Honduras
2020s 45.01 billion current LCU 68.04 billion current LCU 23.03 billion current LCU Honduras

Averages of every year both report within each decade.

Frequently asked questions

Which has higher compensation of employees, Canada or Honduras?
Honduras, at 68.04 billion current LCU against 61.53 billion current LCU in Canada as of 2020.
What is the difference in compensation of employees between Canada and Honduras?
6.51 billion current LCU, with Honduras ahead.
How many years of comparable data are there for Canada and Honduras?
14 years are reported by both, from 2003 to 2020.
How do Canada and Honduras rank globally for compensation of employees?
Canada ranks 79th and Honduras ranks 78th 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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Canada vs Honduras: Compensation of employees. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 24 August 2026, from https://public-sector.statizoid.com/compare/compensation-of-employees-current-lcu/canada/honduras/

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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.