Sweden vs United Kingdom of Great Britain and Northern Ireland: Compensation of employees
Compensation of employees over time
- Sweden
- United Kingdom of Great Britain and Northern Ireland
How they compare
Sweden currently reports 201.19 billion current LCU against 194.78 billion current LCU in United Kingdom of Great Britain and Northern Ireland, a difference of 6.41 billion current LCU.
Across all 53 years both countries report, Sweden has been ahead every year.
Sweden ranks 60th and United Kingdom of Great Britain and Northern Ireland ranks 62nd of 156 countries.
Sweden has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Sweden | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 10.54 billion current LCU | 6.36 billion current LCU | 4.18 billion current LCU | Sweden |
| 1980s | 22.60 billion current LCU | 18.26 billion current LCU | 4.34 billion current LCU | Sweden |
| 1990s | 51.70 billion current LCU | 40.72 billion current LCU | 10.98 billion current LCU | Sweden |
| 2000s | 88.58 billion current LCU | 78.93 billion current LCU | 9.65 billion current LCU | Sweden |
| 2010s | 125.21 billion current LCU | 107.19 billion current LCU | 18.02 billion current LCU | Sweden |
| 2020s | 176.53 billion current LCU | 165.79 billion current LCU | 10.74 billion current LCU | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Sweden or United Kingdom of Great Britain and Northern Ireland?
- Sweden, at 201.19 billion current LCU against 194.78 billion current LCU in United Kingdom of Great Britain and Northern Ireland as of 2024.
- What is the difference in compensation of employees between Sweden and United Kingdom of Great Britain and Northern Ireland?
- 6.41 billion current LCU, with Sweden ahead.
- How many years of comparable data are there for Sweden and United Kingdom of Great Britain and Northern Ireland?
- 53 years are reported by both, from 1972 to 2024.
- How do Sweden and United Kingdom of Great Britain and Northern Ireland rank globally for compensation of employees?
- Sweden ranks 60th and United Kingdom of Great Britain and Northern Ireland ranks 62nd 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.