Euro area vs Guinea-Bissau: Compensation of employees
Euro area
16.4%
in 2023
Guinea-Bissau
38.4%
in 2023
Euro area rank
34th
Guinea-Bissau rank
35th
Compensation of employees over time
- Euro area
- Guinea-Bissau
How they compare
Guinea-Bissau currently reports 38.4% against 16.4% in Euro area, a difference of 22.0%.
That makes Guinea-Bissau's figure about 2.3 times Euro area's.
Across all 7 years both countries report, Guinea-Bissau has been ahead every year.
Euro area ranks 34th and Guinea-Bissau ranks 35th of 41 groups.
Guinea-Bissau has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Euro area | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 16.3% | 45.0% | 28.7% | Guinea-Bissau |
| 2020s | 15.8% | 44.1% | 28.3% | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Euro area or Guinea-Bissau?
- Guinea-Bissau, at 38.4% against 16.4% in Euro area as of 2023.
- What is the difference in compensation of employees between Euro area and Guinea-Bissau?
- 22.0%, with Guinea-Bissau ahead.
- How many years of comparable data are there for Euro area and Guinea-Bissau?
- 7 years are reported by both, from 2017 to 2023.
- How do Euro area and Guinea-Bissau rank globally for compensation of employees?
- Euro area ranks 34th and Guinea-Bissau ranks 35th of 41 groups.
- 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.