Armenia vs Chile: Compensation of employees
Armenia
19.3%
in 2023
Chile
19.9%
in 2023
Armenia rank
99th
Chile rank
98th
Compensation of employees over time
- Armenia
- Chile
How they compare
Chile currently reports 19.9% against 19.3% in Armenia, a difference of 0.6%.
The two have swapped places 8 times across 20 shared years of data; in 2004 it was Chile ahead.
Armenia ranks 99th and Chile ranks 98th of 155 countries.
Across the 3 decades both report, Armenia averaged higher in 2 and Chile in 1.
Head to head by decade
| Decade | Armenia | Chile | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 21.0% | 21.0% | 0.0% | Chile |
| 2010s | 21.8% | 21.2% | 0.6% | Armenia |
| 2020s | 19.0% | 18.8% | 0.2% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Armenia or Chile?
- Chile, at 19.9% against 19.3% in Armenia as of 2023.
- What is the difference in compensation of employees between Armenia and Chile?
- 0.6%, with Chile ahead.
- How many years of comparable data are there for Armenia and Chile?
- 20 years are reported by both, from 2004 to 2023.
- How do Armenia and Chile rank globally for compensation of employees?
- Armenia ranks 99th and Chile ranks 98th of 155 countries.
- 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.
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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.