South Korea vs Lebanon: Compensation of employees
Compensation of employees over time
- South Korea
- Lebanon
How they compare
Lebanon currently reports 87.05 trillion current LCU against 62.92 trillion current LCU in South Korea, a difference of 24.13 trillion current LCU.
That makes Lebanon's figure about 1.4 times South Korea's.
The two have swapped places 1 time across 26 shared years of data; in 1997 it was South Korea ahead.
South Korea ranks 4th and Lebanon ranks 3rd of 156 countries.
South Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | South Korea | Lebanon | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.05 trillion current LCU | 1.91 trillion current LCU | 8.14 trillion current LCU | South Korea |
| 2000s | 17.91 trillion current LCU | 2.16 trillion current LCU | 15.75 trillion current LCU | South Korea |
| 2010s | 38.67 trillion current LCU | 4.38 trillion current LCU | 34.29 trillion current LCU | South Korea |
| 2020s | 57.54 trillion current LCU | 32.71 trillion current LCU | 24.83 trillion current LCU | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, South Korea or Lebanon?
- Lebanon, at 87.05 trillion current LCU against 62.92 trillion current LCU in South Korea as of 2024.
- What is the difference in compensation of employees between South Korea and Lebanon?
- 24.13 trillion current LCU, with Lebanon ahead.
- How many years of comparable data are there for South Korea and Lebanon?
- 26 years are reported by both, from 1997 to 2024.
- How do South Korea and Lebanon rank globally for compensation of employees?
- South Korea ranks 4th and Lebanon ranks 3rd 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.