Panama vs Tonga: Compensation of employees
Panama
34.3%
in 2021
Tonga
33.8%
in 2023
Panama rank
48th
Tonga rank
51st
Compensation of employees over time
- Panama
- Tonga
How they compare
Panama currently reports 34.3% against 33.8% in Tonga, a difference of 0.5%.
Across all 8 years both countries report, Tonga has been ahead every year.
Panama ranks 48th and Tonga ranks 51st of 155 countries.
Tonga has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 31.7% | 41.2% | 9.5% | Tonga |
| 2020s | 33.5% | 39.0% | 5.5% | Tonga |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Panama or Tonga?
- Panama, at 34.3% against 33.8% in Tonga as of 2021.
- What is the difference in compensation of employees between Panama and Tonga?
- 0.5%, with Panama ahead.
- How many years of comparable data are there for Panama and Tonga?
- 8 years are reported by both, from 2014 to 2021.
- How do Panama and Tonga rank globally for compensation of employees?
- Panama ranks 48th and Tonga ranks 51st 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.