South Korea vs United States: Compensation of employees (% of expense)
Compensation of employees (% of expense) over time
- South Korea
- United States
How they compare
South Korea currently reports 8.8% against 8.1% in United States, a difference of 0.7%.
That makes South Korea's figure about 1.1 times United States's.
The two have swapped places 9 times across 52 shared years of data; in 1972 it was United States ahead.
South Korea ranks 146th and United States ranks 147th of 155 countries.
South Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | South Korea | United States | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 16.9% | 15.1% | 1.8% | South Korea |
| 1980s | 15.9% | 10.8% | 5.0% | South Korea |
| 1990s | 13.8% | 9.1% | 4.7% | South Korea |
| 2000s | 11.0% | 10.3% | 0.7% | South Korea |
| 2010s | 10.2% | 9.8% | 0.4% | South Korea |
| 2020s | 8.7% | 7.4% | 1.3% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, South Korea or United States?
- South Korea, at 8.8% against 8.1% in United States as of 2023.
- What is the difference in compensation of employees between South Korea and United States?
- 0.7%, with South Korea ahead.
- How many years of comparable data are there for South Korea and United States?
- 52 years are reported by both, from 1972 to 2023.
- How do South Korea and United States rank globally for compensation of employees?
- South Korea ranks 146th and United States ranks 147th 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.