European Union vs Jamaica: Compensation of employees
European Union
15.6%
in 2023
Jamaica
38.0%
in 2020
European Union rank
38th
Jamaica rank
36th
Compensation of employees over time
- European Union
- Jamaica
How they compare
Jamaica currently reports 38.0% against 15.6% in European Union, a difference of 22.4%.
That makes Jamaica's figure about 2.4 times European Union's.
Across all 33 years both countries report, Jamaica has been ahead every year.
European Union ranks 38th 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 | European Union | Jamaica | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 12.8% | 42.2% | 29.4% | Jamaica |
| 1990s | 13.2% | 36.5% | 23.3% | Jamaica |
| 2000s | 14.9% | 35.4% | 20.5% | Jamaica |
| 2010s | 14.7% | 39.2% | 24.5% | Jamaica |
| 2020s | 15.2% | 38.0% | 22.8% | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, European Union or Jamaica?
- Jamaica, at 38.0% against 15.6% in European Union as of 2020.
- What is the difference in compensation of employees between European Union and Jamaica?
- 22.4%, with Jamaica ahead.
- How many years of comparable data are there for European Union and Jamaica?
- 33 years are reported by both, from 1988 to 2020.
- How do European Union and Jamaica rank globally for compensation of employees?
- European Union ranks 38th 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.