Latin America & Caribbean vs Lesotho: Compensation of employees

Latin America & Caribbean
24.5%
in 2023
Lesotho
44.7%
in 2022
Latin America & Caribbean rank
19th
Lesotho rank
18th

Compensation of employees over time

  • Latin America & Caribbean
  • Lesotho
0204060198720052023

How they compare

Lesotho currently reports 44.7% against 24.5% in Latin America & Caribbean, a difference of 20.2%.

That makes Lesotho's figure about 1.8 times Latin America & Caribbean's.

The two have swapped places 2 times across 25 shared years of data; in 1998 it was Lesotho ahead.

Latin America & Caribbean ranks 19th and Lesotho ranks 18th of 41 groups.

Lesotho has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latin America & Caribbean Lesotho Difference Ahead
1990s 25.1% 41.8% 16.7% Lesotho
2000s 31.2% 36.2% 4.9% Lesotho
2010s 30.6% 42.2% 11.6% Lesotho
2020s 29.3% 43.7% 14.4% Lesotho

Averages of every year both report within each decade.

Frequently asked questions

Which has higher compensation of employees, Latin America & Caribbean or Lesotho?
Lesotho, at 44.7% against 24.5% in Latin America & Caribbean as of 2022.
What is the difference in compensation of employees between Latin America & Caribbean and Lesotho?
20.2%, with Lesotho ahead.
How many years of comparable data are there for Latin America & Caribbean and Lesotho?
25 years are reported by both, from 1998 to 2022.
How do Latin America & Caribbean and Lesotho rank globally for compensation of employees?
Latin America & Caribbean ranks 19th and Lesotho ranks 18th 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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Latin America & Caribbean vs Lesotho: Compensation of employees. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 13 September 2026, from https://public-sector.statizoid.com/compare/compensation-of-employees-percent-of-expense/latin-america-and-caribbean/lesotho/

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About this data

Indicator
Compensation of employees (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
196 places, 5,286 data points, 1972–2024
Last refreshed

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.