Paraguay vs Small states: Compensation of employees
Paraguay
41.5%
in 2023
Small states
21.9%
in 2022
Paraguay rank
22nd
Small states rank
24th
Compensation of employees over time
- Paraguay
- Small states
How they compare
Paraguay currently reports 41.5% against 21.9% in Small states, a difference of 19.6%.
That makes Paraguay's figure about 1.9 times Small states's.
Across all 18 years both countries report, Paraguay has been ahead every year.
Paraguay ranks 22nd and Small states ranks 24th of 155 countries.
Paraguay has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Paraguay | Small states | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 51.4% | 33.1% | 18.2% | Paraguay |
| 2010s | 53.6% | 28.7% | 24.9% | Paraguay |
| 2020s | 47.7% | 25.5% | 22.2% | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Paraguay or Small states?
- Paraguay, at 41.5% against 21.9% in Small states as of 2023.
- What is the difference in compensation of employees between Paraguay and Small states?
- 19.6%, with Paraguay ahead.
- How many years of comparable data are there for Paraguay and Small states?
- 18 years are reported by both, from 2005 to 2022.
- How do Paraguay and Small states rank globally for compensation of employees?
- Paraguay ranks 22nd and Small states ranks 24th 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.