Cape Verde vs Upper middle income: Compensation of employees
Compensation of employees over time
- Cape Verde
- Upper middle income
How they compare
Cape Verde currently reports 39.9% against 20.9% in Upper middle income, a difference of 19.0%.
That makes Cape Verde's figure about 1.9 times Upper middle income's.
Across all 15 years both countries report, Cape Verde has been ahead every year.
Cape Verde ranks 27th and Upper middle income ranks 27th of 155 countries.
Cape Verde has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cape Verde | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 36.6% | 26.9% | 9.7% | Cape Verde |
| 2010s | 40.6% | 24.0% | 16.6% | Cape Verde |
| 2020s | 39.9% | 23.1% | 16.7% | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Cape Verde or Upper middle income?
- Cape Verde, at 39.9% against 20.9% in Upper middle income as of 2020.
- What is the difference in compensation of employees between Cape Verde and Upper middle income?
- 19.0%, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Upper middle income?
- 15 years are reported by both, from 2006 to 2020.
- How do Cape Verde and Upper middle income rank globally for compensation of employees?
- Cape Verde ranks 27th and Upper middle income ranks 27th 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.