Latin America & Caribbean (excluding high income) vs Solomon Islands: Compensation of employees
Compensation of employees over time
- Latin America & Caribbean (excluding high income)
- Solomon Islands
How they compare
Solomon Islands currently reports 47.3% against 32.0% in Latin America & Caribbean (excluding high income), a difference of 15.3%.
That makes Solomon Islands's figure about 1.5 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 3 times across 12 shared years of data; in 2011 it was Latin America & Caribbean (excluding high income) ahead.
Latin America & Caribbean (excluding high income) ranks 12th and Solomon Islands ranks 12th of 41 groups.
Solomon Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 33.6% | 34.5% | 0.9% | Solomon Islands |
| 2020s | 30.1% | 39.8% | 9.7% | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Latin America & Caribbean (excluding high income) or Solomon Islands?
- Solomon Islands, at 47.3% against 32.0% in Latin America & Caribbean (excluding high income) as of 2022.
- What is the difference in compensation of employees between Latin America & Caribbean (excluding high income) and Solomon Islands?
- 15.3%, with Solomon Islands ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Solomon Islands?
- 12 years are reported by both, from 2011 to 2022.
- How do Latin America & Caribbean (excluding high income) and Solomon Islands rank globally for compensation of employees?
- Latin America & Caribbean (excluding high income) ranks 12th and Solomon Islands ranks 12th of 41 groups.
- 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.