Namibia vs Spain: Compensation of employees

Namibia
35.48 billion current LCU
in 2024
Spain
31.60 billion current LCU
in 2024
Namibia rank
88th
Spain rank
91st

Compensation of employees over time

  • Namibia
  • Spain
010.0B20.0B30.0B40.0B197219982024

How they compare

Namibia currently reports 35.48 billion current LCU against 31.60 billion current LCU in Spain, a difference of 3.88 billion current LCU.

That makes Namibia's figure about 1.1 times Spain's.

The two have swapped places 1 time across 35 shared years of data; in 1990 it was Spain ahead.

Namibia ranks 88th and Spain ranks 91st of 156 countries.

Across the 4 decades both report, Namibia averaged higher in 1 and Spain in 3.

Head to head by decade

Decade Namibia Spain Difference Ahead
1990s 2.14 billion current LCU 19.04 billion current LCU 16.90 billion current LCU Spain
2000s 5.93 billion current LCU 21.36 billion current LCU 15.43 billion current LCU Spain
2010s 21.57 billion current LCU 25.10 billion current LCU 3.53 billion current LCU Spain
2020s 31.83 billion current LCU 29.19 billion current LCU 2.64 billion current LCU Namibia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher compensation of employees, Namibia or Spain?
Namibia, at 35.48 billion current LCU against 31.60 billion current LCU in Spain as of 2024.
What is the difference in compensation of employees between Namibia and Spain?
3.88 billion current LCU, with Namibia ahead.
How many years of comparable data are there for Namibia and Spain?
35 years are reported by both, from 1990 to 2024.
How do Namibia and Spain rank globally for compensation of employees?
Namibia ranks 88th and Spain ranks 91st 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

Indicator
Compensation of employees (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,496 data points, 1972–2024
Last refreshed

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.