Euro area vs Namibia: Compensation of employees
Euro area
16.4%
in 2023
Namibia
38.8%
in 2023
Euro area rank
34th
Namibia rank
33rd
Compensation of employees over time
- Euro area
- Namibia
How they compare
Namibia currently reports 38.8% against 16.4% in Euro area, a difference of 22.4%.
That makes Namibia's figure about 2.4 times Euro area's.
Across all 27 years both countries report, Namibia has been ahead every year.
Euro area ranks 34th and Namibia ranks 33rd of 41 groups.
Namibia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Euro area | Namibia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 13.5% | 51.7% | 38.1% | Namibia |
| 2000s | 16.7% | 48.1% | 31.4% | Namibia |
| 2010s | 15.7% | 44.2% | 28.5% | Namibia |
| 2020s | 15.8% | 41.9% | 26.1% | Namibia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Euro area or Namibia?
- Namibia, at 38.8% against 16.4% in Euro area as of 2023.
- What is the difference in compensation of employees between Euro area and Namibia?
- 22.4%, with Namibia ahead.
- How many years of comparable data are there for Euro area and Namibia?
- 27 years are reported by both, from 1991 to 2023.
- How do Euro area and Namibia rank globally for compensation of employees?
- Euro area ranks 34th and Namibia ranks 33rd 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.