Ghana vs Guatemala: Compensation of employees

Ghana
50.81 billion current LCU
in 2023
Guatemala
37.99 billion current LCU
in 2024
Ghana rank
83rd
Guatemala rank
85th

Compensation of employees over time

  • Ghana
  • Guatemala
020.0B40.0B60.0B199020072024

How they compare

Ghana currently reports 50.81 billion current LCU against 37.99 billion current LCU in Guatemala, a difference of 12.82 billion current LCU.

That makes Ghana's figure about 1.3 times Guatemala's.

The two have swapped places 1 time across 27 shared years of data; in 1990 it was Guatemala ahead.

Ghana ranks 83rd and Guatemala ranks 85th of 156 countries.

Across the 4 decades both report, Ghana averaged higher in 1 and Guatemala in 3.

Head to head by decade

Decade Ghana Guatemala Difference Ahead
1990s 14.66 million current LCU 1.67 billion current LCU 1.66 billion current LCU Guatemala
2000s 1.17 billion current LCU 7.64 billion current LCU 6.48 billion current LCU Guatemala
2010s 12.02 billion current LCU 20.22 billion current LCU 8.20 billion current LCU Guatemala
2020s 37.54 billion current LCU 32.07 billion current LCU 5.47 billion current LCU Ghana

Averages of every year both report within each decade.

Frequently asked questions

Which has higher compensation of employees, Ghana or Guatemala?
Ghana, at 50.81 billion current LCU against 37.99 billion current LCU in Guatemala as of 2023.
What is the difference in compensation of employees between Ghana and Guatemala?
12.82 billion current LCU, with Ghana ahead.
How many years of comparable data are there for Ghana and Guatemala?
27 years are reported by both, from 1990 to 2023.
How do Ghana and Guatemala rank globally for compensation of employees?
Ghana ranks 83rd and Guatemala ranks 85th 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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Ghana vs Guatemala: Compensation of employees. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 28 August 2026, from https://public-sector.statizoid.com/compare/compensation-of-employees-current-lcu/ghana/guatemala/

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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.