Barbados vs Iceland: Compensation of employees
Barbados
24.7%
in 2016
Iceland
23.8%
in 2023
Barbados rank
80th
Iceland rank
82nd
Compensation of employees over time
- Barbados
- Iceland
How they compare
Barbados currently reports 24.7% against 23.8% in Iceland, a difference of 0.9%.
Across all 14 years both countries report, Barbados has been ahead every year.
Barbados ranks 80th and Iceland ranks 82nd of 155 countries.
Barbados has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Barbados | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 34.0% | 25.3% | 8.7% | Barbados |
| 2010s | 26.9% | 21.4% | 5.4% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Barbados or Iceland?
- Barbados, at 24.7% against 23.8% in Iceland as of 2016.
- What is the difference in compensation of employees between Barbados and Iceland?
- 0.9%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Iceland?
- 14 years are reported by both, from 2003 to 2016.
- How do Barbados and Iceland rank globally for compensation of employees?
- Barbados ranks 80th and Iceland ranks 82nd 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.