Euro area vs Jamaica: Compensation of employees
Euro area
16.4%
in 2023
Jamaica
38.0%
in 2020
Euro area rank
34th
Jamaica rank
36th
Compensation of employees over time
- Euro area
- Jamaica
How they compare
Jamaica currently reports 38.0% against 16.4% in Euro area, a difference of 21.6%.
That makes Jamaica's figure about 2.3 times Euro area's.
Across all 33 years both countries report, Jamaica has been ahead every year.
Euro area ranks 34th and Jamaica ranks 36th of 41 groups.
Jamaica has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Euro area | Jamaica | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 15.3% | 42.2% | 26.9% | Jamaica |
| 1990s | 14.6% | 36.5% | 21.9% | Jamaica |
| 2000s | 16.7% | 35.4% | 18.8% | Jamaica |
| 2010s | 15.7% | 39.2% | 23.5% | Jamaica |
| 2020s | 15.4% | 38.0% | 22.6% | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Euro area or Jamaica?
- Jamaica, at 38.0% against 16.4% in Euro area as of 2020.
- What is the difference in compensation of employees between Euro area and Jamaica?
- 21.6%, with Jamaica ahead.
- How many years of comparable data are there for Euro area and Jamaica?
- 33 years are reported by both, from 1988 to 2020.
- How do Euro area and Jamaica rank globally for compensation of employees?
- Euro area ranks 34th and Jamaica ranks 36th 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.