South Korea vs Sweden: Compensation of employees (% of expense)
South Korea
8.8%
in 2023
Sweden
9.2%
in 2022
South Korea rank
146th
Sweden rank
145th
Compensation of employees (% of expense) over time
- South Korea
- Sweden
How they compare
Sweden currently reports 9.2% against 8.8% in South Korea, a difference of 0.4%.
The two have swapped places 1 time across 51 shared years of data; in 1972 it was South Korea ahead.
South Korea ranks 146th and Sweden ranks 145th of 155 countries.
Across the 6 decades both report, South Korea averaged higher in 5 and Sweden in 1.
Head to head by decade
| Decade | South Korea | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 16.9% | 10.8% | 6.1% | South Korea |
| 1980s | 15.9% | 6.7% | 9.2% | South Korea |
| 1990s | 13.8% | 7.0% | 6.9% | South Korea |
| 2000s | 11.0% | 9.2% | 1.8% | South Korea |
| 2010s | 10.2% | 9.2% | 0.9% | South Korea |
| 2020s | 8.7% | 9.1% | 0.4% | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, South Korea or Sweden?
- Sweden, at 9.2% against 8.8% in South Korea as of 2022.
- What is the difference in compensation of employees between South Korea and Sweden?
- 0.4%, with Sweden ahead.
- How many years of comparable data are there for South Korea and Sweden?
- 51 years are reported by both, from 1972 to 2022.
- How do South Korea and Sweden rank globally for compensation of employees?
- South Korea ranks 146th and Sweden ranks 145th 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.