Canada vs Colombia: Compensation of employees
Canada
10.2%
in 2023
Colombia
9.8%
in 2023
Canada rank
138th
Colombia rank
141st
Compensation of employees over time
- Canada
- Colombia
How they compare
Canada currently reports 10.2% against 9.8% in Colombia, a difference of 0.4%.
The two have swapped places 3 times across 20 shared years of data; in 1998 it was Colombia ahead.
Canada ranks 138th and Colombia ranks 141st of 155 countries.
Colombia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Canada | Colombia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.2% | 42.8% | 33.6% | Colombia |
| 2000s | 11.1% | 25.6% | 14.5% | Colombia |
| 2010s | 11.1% | 12.7% | 1.6% | Colombia |
| 2020s | 9.2% | 9.9% | 0.7% | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Canada or Colombia?
- Canada, at 10.2% against 9.8% in Colombia as of 2023.
- What is the difference in compensation of employees between Canada and Colombia?
- 0.4%, with Canada ahead.
- How many years of comparable data are there for Canada and Colombia?
- 20 years are reported by both, from 1998 to 2023.
- How do Canada and Colombia rank globally for compensation of employees?
- Canada ranks 138th and Colombia ranks 141st 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.