Armenia vs Luxembourg: Compensation of employees
Compensation of employees over time
- Armenia
- Luxembourg
How they compare
Luxembourg currently reports 20.5% against 19.3% in Armenia, a difference of 1.2%.
That makes Luxembourg's figure about 1.1 times Armenia's.
The two have swapped places 2 times across 20 shared years of data; in 2004 it was Luxembourg ahead.
Armenia ranks 99th and Luxembourg ranks 96th of 155 countries.
Across the 3 decades both report, Armenia averaged higher in 2 and Luxembourg in 1.
Head to head by decade
| Decade | Armenia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 21.0% | 20.7% | 0.2% | Armenia |
| 2010s | 21.8% | 20.1% | 1.7% | Armenia |
| 2020s | 19.0% | 20.5% | 1.5% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Armenia or Luxembourg?
- Luxembourg, at 20.5% against 19.3% in Armenia as of 2023.
- What is the difference in compensation of employees between Armenia and Luxembourg?
- 1.2%, with Luxembourg ahead.
- How many years of comparable data are there for Armenia and Luxembourg?
- 20 years are reported by both, from 2004 to 2023.
- How do Armenia and Luxembourg rank globally for compensation of employees?
- Armenia ranks 99th and Luxembourg ranks 96th 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.