Hungary vs Mongolia: Compensation of employees
Compensation of employees over time
- Hungary
- Mongolia
How they compare
Hungary currently reports 6.50 trillion current LCU against 6.27 trillion current LCU in Mongolia, a difference of 239.24 billion current LCU.
Across all 31 years both countries report, Hungary has been ahead every year.
Hungary ranks 15th and Mongolia ranks 16th of 156 countries.
Hungary has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Hungary | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 329.29 billion current LCU | 11.61 billion current LCU | 317.68 billion current LCU | Hungary |
| 2000s | 1.19 trillion current LCU | 234.93 billion current LCU | 950.70 billion current LCU | Hungary |
| 2010s | 2.54 trillion current LCU | 1.05 trillion current LCU | 1.49 trillion current LCU | Hungary |
| 2020s | 5.25 trillion current LCU | 3.44 trillion current LCU | 1.81 trillion current LCU | Hungary |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Hungary or Mongolia?
- Hungary, at 6.50 trillion current LCU against 6.27 trillion current LCU in Mongolia as of 2024.
- What is the difference in compensation of employees between Hungary and Mongolia?
- 239.24 billion current LCU, with Hungary ahead.
- How many years of comparable data are there for Hungary and Mongolia?
- 31 years are reported by both, from 1992 to 2024.
- How do Hungary and Mongolia rank globally for compensation of employees?
- Hungary ranks 15th and Mongolia ranks 16th 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.