Republic of Korea vs Netherlands: Compensation of employees
Compensation of employees over time
- Republic of Korea
- Netherlands
How they compare
Republic of Korea currently reports 8.8% against 7.8% in Netherlands, a difference of 1.0%.
That makes Republic of Korea's figure about 1.1 times Netherlands's.
Across all 50 years both countries report, Republic of Korea has been ahead every year.
Republic of Korea ranks 146th and Netherlands ranks 148th of 155 countries.
Republic of Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Republic of Korea | Netherlands | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 16.7% | 11.7% | 5.0% | Republic of Korea |
| 1980s | 15.9% | 9.4% | 6.5% | Republic of Korea |
| 1990s | 13.8% | 8.1% | 5.7% | Republic of Korea |
| 2000s | 11.0% | 7.4% | 3.6% | Republic of Korea |
| 2010s | 10.2% | 7.5% | 2.7% | Republic of Korea |
| 2020s | 8.7% | 7.6% | 1.1% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Republic of Korea or Netherlands?
- Republic of Korea, at 8.8% against 7.8% in Netherlands as of 2023.
- What is the difference in compensation of employees between Republic of Korea and Netherlands?
- 1.0%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Netherlands?
- 50 years are reported by both, from 1974 to 2023.
- How do Republic of Korea and Netherlands rank globally for compensation of employees?
- Republic of Korea ranks 146th and Netherlands ranks 148th 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.