Namibia vs World: Compensation of employees
Namibia
38.8%
in 2023
World
19.1%
in 2022
Namibia rank
33rd
World rank
30th
Compensation of employees over time
- Namibia
- World
How they compare
Namibia currently reports 38.8% against 19.1% in World, a difference of 19.7%.
That makes Namibia's figure about 2.0 times World's.
Across all 22 years both countries report, Namibia has been ahead every year.
Namibia ranks 33rd and World ranks 30th of 155 countries.
Namibia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Namibia | World | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 47.7% | 21.9% | 25.8% | Namibia |
| 2010s | 44.2% | 23.2% | 21.0% | Namibia |
| 2020s | 42.9% | 20.5% | 22.4% | Namibia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Namibia or World?
- Namibia, at 38.8% against 19.1% in World as of 2023.
- What is the difference in compensation of employees between Namibia and World?
- 19.7%, with Namibia ahead.
- How many years of comparable data are there for Namibia and World?
- 22 years are reported by both, from 2001 to 2022.
- How do Namibia and World rank globally for compensation of employees?
- Namibia ranks 33rd and World ranks 30th 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.