European Union vs Guinea-Bissau: Compensation of employees
Compensation of employees over time
- European Union
- Guinea-Bissau
How they compare
Guinea-Bissau currently reports 38.4% against 15.6% in European Union, a difference of 22.8%.
That makes Guinea-Bissau's figure about 2.5 times European Union's.
Across all 7 years both countries report, Guinea-Bissau has been ahead every year.
European Union ranks 38th 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 | European Union | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 15.9% | 45.0% | 29.2% | Guinea-Bissau |
| 2020s | 15.3% | 44.1% | 28.8% | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, European Union or Guinea-Bissau?
- Guinea-Bissau, at 38.4% against 15.6% in European Union as of 2023.
- What is the difference in compensation of employees between European Union and Guinea-Bissau?
- 22.8%, with Guinea-Bissau ahead.
- How many years of comparable data are there for European Union and Guinea-Bissau?
- 7 years are reported by both, from 2017 to 2023.
- How do European Union and Guinea-Bissau rank globally for compensation of employees?
- European Union ranks 38th 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.
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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.