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