Africa Western and Central vs Lao People's Democratic Republic: Compensation of employees
Compensation of employees over time
- Africa Western and Central
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports 54.2% against 37.2% in Africa Western and Central, a difference of 17.0%.
That makes Lao People's Democratic Republic's figure about 1.5 times Africa Western and Central's.
Across all 7 years both countries report, Lao People's Democratic Republic has been ahead every year.
Africa Western and Central ranks 2nd and Lao People's Democratic Republic ranks 2nd of 41 groups.
Lao People's Democratic Republic has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Africa Western and Central | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 38.3% | 54.2% | 15.9% | Lao People's Democratic Republic |
| 2020s | 37.5% | 57.5% | 19.9% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Africa Western and Central or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at 54.2% against 37.2% in Africa Western and Central as of 2022.
- What is the difference in compensation of employees between Africa Western and Central and Lao People's Democratic Republic?
- 17.0%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Africa Western and Central and Lao People's Democratic Republic?
- 7 years are reported by both, from 2015 to 2021.
- How do Africa Western and Central and Lao People's Democratic Republic rank globally for compensation of employees?
- Africa Western and Central ranks 2nd and Lao People's Democratic Republic ranks 2nd of 41 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Compensation of employees (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.