Lao People's Democratic Republic vs Least developed countries: Compensation of employees
Compensation of employees over time
- Lao People's Democratic Republic
- Least developed countries
How they compare
Lao People's Democratic Republic currently reports 54.2% against 39.9% in Least developed countries, a difference of 14.3%.
That makes Lao People's Democratic Republic's figure about 1.4 times Least developed countries's.
Across all 11 years both countries report, Lao People's Democratic Republic has been ahead every year.
Lao People's Democratic Republic ranks 2nd and Least developed countries ranks 1st of 155 countries.
Lao People's Democratic Republic has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 51.6% | 36.2% | 15.4% | Lao People's Democratic Republic |
| 2020s | 57.5% | 39.3% | 18.1% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Lao People's Democratic Republic or Least developed countries?
- Lao People's Democratic Republic, at 54.2% against 39.9% in Least developed countries as of 2022.
- What is the difference in compensation of employees between Lao People's Democratic Republic and Least developed countries?
- 14.3%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Least developed countries?
- 11 years are reported by both, from 2010 to 2021.
- How do Lao People's Democratic Republic and Least developed countries rank globally for compensation of employees?
- Lao People's Democratic Republic ranks 2nd and Least developed countries ranks 1st 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.
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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.