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