Which has higher compensation of employees, Singapore or Sri Lanka?

Sri Lanka, at 18.9% against 18.8% in Singapore as of 2023.

How many years of comparable data are there for Singapore and Sri Lanka?

34 years are reported by both, from 1990 to 2023.

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.

Singapore vs Sri Lanka: Compensation of employees

Singapore

18.8%

in 2023

Sri Lanka

18.9%

in 2023

Singapore rank

104th

Sri Lanka rank

103rd

Compensation of employees over time

Singapore
Sri Lanka

How they compare

Sri Lanka currently reports 18.9% against 18.8% in Singapore, a difference of 0.1%.

The two have swapped places 5 times across 34 shared years of data; in 1990 it was Singapore ahead.

Singapore ranks 104th and Sri Lanka ranks 103rd of 155 countries.

Across the 4 decades both report, Singapore averaged higher in 2 and Sri Lanka in 2.

Head to head by decade

Decade	Singapore	Sri Lanka	Difference	Ahead
1990s	32.9%	21.4%	11.5%	Singapore
2000s	29.8%	26.2%	3.6%	Singapore
2010s	27.1%	27.5%	0.4%	Sri Lanka
2020s	18.5%	24.6%	6.1%	Sri Lanka

Averages of every year both report within each decade.

Frequently asked questions

Which has higher compensation of employees, Singapore or Sri Lanka?: Sri Lanka, at 18.9% against 18.8% in Singapore as of 2023.
What is the difference in compensation of employees between Singapore and Sri Lanka?: 0.1%, with Sri Lanka ahead.
How many years of comparable data are there for Singapore and Sri Lanka?: 34 years are reported by both, from 1990 to 2023.
How do Singapore and Sri Lanka rank globally for compensation of employees?: Singapore ranks 104th and Sri Lanka ranks 103rd 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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Singapore vs Sri Lanka: Compensation of employees. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 09 September 2026, from https://public-sector.statizoid.com/compare/compensation-of-employees-percent-of-expense/singapore/sri-lanka/

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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: 03 September 2026

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.