Iceland vs Kuwait: Compensation of employees
Iceland
23.8%
in 2023
Kuwait
24.2%
in 2006
Iceland rank
82nd
Kuwait rank
81st
Compensation of employees over time
- Iceland
- Kuwait
How they compare
Kuwait currently reports 24.2% against 23.8% in Iceland, a difference of 0.4%.
The two have swapped places 7 times across 26 shared years of data; in 1972 it was Kuwait ahead.
Iceland ranks 82nd and Kuwait ranks 81st of 155 countries.
Across the 4 decades both report, Iceland averaged higher in 1 and Kuwait in 3.
Head to head by decade
| Decade | Iceland | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 27.5% | 32.4% | 4.9% | Kuwait |
| 1980s | 31.0% | 35.8% | 4.8% | Kuwait |
| 1990s | 30.4% | 28.5% | 1.9% | Iceland |
| 2000s | 29.6% | 32.0% | 2.4% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Iceland or Kuwait?
- Kuwait, at 24.2% against 23.8% in Iceland as of 2006.
- What is the difference in compensation of employees between Iceland and Kuwait?
- 0.4%, with Kuwait ahead.
- How many years of comparable data are there for Iceland and Kuwait?
- 26 years are reported by both, from 1972 to 2006.
- How do Iceland and Kuwait rank globally for compensation of employees?
- Iceland ranks 82nd and Kuwait ranks 81st of 155 countries.
- 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.