Luxembourg vs Slovakia: Compensation of employees
Compensation of employees over time
- Luxembourg
- Slovakia
How they compare
Slovakia currently reports 8.96 billion current LCU against 7.67 billion current LCU in Luxembourg, a difference of 1.29 billion current LCU.
That makes Slovakia's figure about 1.2 times Luxembourg's.
Across all 30 years both countries report, Slovakia has been ahead every year.
Luxembourg ranks 116th and Slovakia ranks 113th of 156 countries.
Slovakia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Luxembourg | Slovakia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.48 billion current LCU | 2.08 billion current LCU | 600.11 million current LCU | Slovakia |
| 2000s | 2.36 billion current LCU | 2.83 billion current LCU | 467.57 million current LCU | Slovakia |
| 2010s | 4.03 billion current LCU | 4.50 billion current LCU | 463.67 million current LCU | Slovakia |
| 2020s | 6.55 billion current LCU | 7.54 billion current LCU | 983.82 million current LCU | Slovakia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Luxembourg or Slovakia?
- Slovakia, at 8.96 billion current LCU against 7.67 billion current LCU in Luxembourg as of 2024.
- What is the difference in compensation of employees between Luxembourg and Slovakia?
- 1.29 billion current LCU, with Slovakia ahead.
- How many years of comparable data are there for Luxembourg and Slovakia?
- 30 years are reported by both, from 1995 to 2024.
- How do Luxembourg and Slovakia rank globally for compensation of employees?
- Luxembourg ranks 116th and Slovakia ranks 113th 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.