Ecuador vs Palau: Compensation of employees
Ecuador
28.6%
in 2022
Palau
31.0%
in 2020
Ecuador rank
65th
Palau rank
62nd
Compensation of employees over time
- Ecuador
- Palau
How they compare
Palau currently reports 31.0% against 28.6% in Ecuador, a difference of 2.4%.
That makes Palau's figure about 1.1 times Ecuador's.
Across all 8 years both countries report, Palau has been ahead every year.
Ecuador ranks 65th and Palau ranks 62nd of 155 countries.
Palau has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 28.3% | 34.7% | 6.4% | Palau |
| 2020s | 30.9% | 31.0% | 0.1% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Ecuador or Palau?
- Palau, at 31.0% against 28.6% in Ecuador as of 2020.
- What is the difference in compensation of employees between Ecuador and Palau?
- 2.4%, with Palau ahead.
- How many years of comparable data are there for Ecuador and Palau?
- 8 years are reported by both, from 2013 to 2020.
- How do Ecuador and Palau rank globally for compensation of employees?
- Ecuador ranks 65th and Palau ranks 62nd 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.
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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.