Ghana vs Zambia: Compensation of employees
Compensation of employees over time
- Ghana
- Zambia
How they compare
Zambia currently reports 53.95 billion current LCU against 50.81 billion current LCU in Ghana, a difference of 3.14 billion current LCU.
That makes Zambia's figure about 1.1 times Ghana's.
The two have swapped places 2 times across 27 shared years of data; in 1990 it was Ghana ahead.
Ghana ranks 83rd and Zambia ranks 81st of 156 countries.
Across the 4 decades both report, Ghana averaged higher in 1 and Zambia in 3.
Head to head by decade
| Decade | Ghana | Zambia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14.66 million current LCU | 29.10 million current LCU | 14.44 million current LCU | Zambia |
| 2000s | 1.17 billion current LCU | 2.66 billion current LCU | 1.49 billion current LCU | Zambia |
| 2010s | 12.02 billion current LCU | 14.91 billion current LCU | 2.89 billion current LCU | Zambia |
| 2020s | 37.54 billion current LCU | 35.15 billion current LCU | 2.40 billion current LCU | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Ghana or Zambia?
- Zambia, at 53.95 billion current LCU against 50.81 billion current LCU in Ghana as of 2024.
- What is the difference in compensation of employees between Ghana and Zambia?
- 3.14 billion current LCU, with Zambia ahead.
- How many years of comparable data are there for Ghana and Zambia?
- 27 years are reported by both, from 1990 to 2023.
- How do Ghana and Zambia rank globally for compensation of employees?
- Ghana ranks 83rd and Zambia ranks 81st 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.