Germany vs Guinea-Bissau: Compensation of employees
Compensation of employees over time
- Germany
- Guinea-Bissau
How they compare
Germany currently reports 79.75 billion current LCU against 73.60 billion current LCU in Guinea-Bissau, a difference of 6.15 billion current LCU.
That makes Germany's figure about 1.1 times Guinea-Bissau's.
The two have swapped places 2 times across 8 shared years of data; in 2017 it was Germany ahead.
Germany ranks 76th and Guinea-Bissau ranks 77th of 156 countries.
Across the 2 decades both report, Germany averaged higher in 1 and Guinea-Bissau in 1.
Head to head by decade
| Decade | Germany | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 60.05 billion current LCU | 52.16 billion current LCU | 7.89 billion current LCU | Germany |
| 2020s | 71.93 billion current LCU | 72.69 billion current LCU | 757.04 million current LCU | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Germany or Guinea-Bissau?
- Germany, at 79.75 billion current LCU against 73.60 billion current LCU in Guinea-Bissau as of 2024.
- What is the difference in compensation of employees between Germany and Guinea-Bissau?
- 6.15 billion current LCU, with Germany ahead.
- How many years of comparable data are there for Germany and Guinea-Bissau?
- 8 years are reported by both, from 2017 to 2024.
- How do Germany and Guinea-Bissau rank globally for compensation of employees?
- Germany ranks 76th and Guinea-Bissau ranks 77th 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.