Czechia vs Iceland: Compensation of employees
Compensation of employees over time
- Czechia
- Iceland
How they compare
Iceland currently reports 334.27 billion current LCU against 326.16 billion current LCU in Czechia, a difference of 8.11 billion current LCU.
The two have swapped places 2 times across 31 shared years of data; in 1993 it was Iceland ahead.
Czechia ranks 51st and Iceland ranks 50th of 156 countries.
Across the 4 decades both report, Czechia averaged higher in 3 and Iceland in 1.
Head to head by decade
| Decade | Czechia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 73.82 billion current LCU | 46.40 billion current LCU | 27.41 billion current LCU | Czechia |
| 2000s | 139.13 billion current LCU | 96.70 billion current LCU | 42.43 billion current LCU | Czechia |
| 2010s | 193.65 billion current LCU | 177.36 billion current LCU | 16.29 billion current LCU | Czechia |
| 2020s | 293.02 billion current LCU | 299.99 billion current LCU | 6.97 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Czechia or Iceland?
- Iceland, at 334.27 billion current LCU against 326.16 billion current LCU in Czechia as of 2023.
- What is the difference in compensation of employees between Czechia and Iceland?
- 8.11 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Czechia and Iceland?
- 31 years are reported by both, from 1993 to 2023.
- How do Czechia and Iceland rank globally for compensation of employees?
- Czechia ranks 51st and Iceland ranks 50th 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.