Indonesia vs Republic of Korea: Compensation of employees
Compensation of employees over time
- Indonesia
- Republic of Korea
How they compare
Indonesia currently reports 127.66 trillion current LCU against 62.92 trillion current LCU in Republic of Korea, a difference of 64.74 trillion current LCU.
That makes Indonesia's figure about 2.0 times Republic of Korea's.
Across all 33 years both countries report, Indonesia has been ahead every year.
Indonesia ranks 2nd and Republic of Korea ranks 4th of 156 countries.
Indonesia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Indonesia | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 524.62 billion current LCU | 351.12 billion current LCU | 173.50 billion current LCU | Indonesia |
| 1980s | 2.94 trillion current LCU | 1.91 trillion current LCU | 1.04 trillion current LCU | Indonesia |
| 1990s | 10.64 trillion current LCU | 7.45 trillion current LCU | 3.18 trillion current LCU | Indonesia |
| 2000s | 71.73 trillion current LCU | 18.72 trillion current LCU | 53.01 trillion current LCU | Indonesia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Indonesia or Republic of Korea?
- Indonesia, at 127.66 trillion current LCU against 62.92 trillion current LCU in Republic of Korea as of 2009.
- What is the difference in compensation of employees between Indonesia and Republic of Korea?
- 64.74 trillion current LCU, with Indonesia ahead.
- How many years of comparable data are there for Indonesia and Republic of Korea?
- 33 years are reported by both, from 1972 to 2009.
- How do Indonesia and Republic of Korea rank globally for compensation of employees?
- Indonesia ranks 2nd and Republic of Korea ranks 4th 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.