Compensation of employees (current LCU) in Argentina
Argentina: Compensation of employees (current LCU) was 13.07 trillion current LCU in 2024. ◆ Volatile
Compensation of employees in Argentina, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, compensation of employees in Argentina stood at 13.07 trillion current LCU. That is the highest value across all 26 years on record.
The figure is up 150.5% on the previous year and up 8,926.0% over ten years.
Over the whole period, compensation of employees in Argentina peaked at 13.07 trillion current LCU in 2024 and was at its lowest, 1.71 billion current LCU, in 1990.
That places Argentina 10th out of 156 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Compensation of employees (current LCU) in Argentina, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 1.71 billion current LCU | — |
| 1991 | 5.12 billion current LCU | +199.4% |
| 1992 | 5.36 billion current LCU | +4.6% |
| 1993 | 5.67 billion current LCU | +5.8% |
| 1994 | 6.39 billion current LCU | +12.7% |
| 1995 | 6.90 billion current LCU | +8.0% |
| 1996 | 6.77 billion current LCU | -1.9% |
| 1997 | 7.22 billion current LCU | +6.6% |
| 1998 | 6.78 billion current LCU | -6.1% |
| 1999 | 7.16 billion current LCU | +5.6% |
| 2000 | 7.03 billion current LCU | -1.8% |
| 2001 | 6.50 billion current LCU | -7.5% |
| 2002 | 6.98 billion current LCU | +7.3% |
| 2003 | 8.70 billion current LCU | +24.7% |
| 2004 | 9.42 billion current LCU | +8.2% |
| 2014 | 144.83 billion current LCU | +1437.5% |
| 2015 | 196.09 billion current LCU | +35.4% |
| 2016 | 267.82 billion current LCU | +36.6% |
| 2017 | 330.06 billion current LCU | +23.2% |
| 2018 | 403.69 billion current LCU | +22.3% |
| 2019 | 552.19 billion current LCU | +36.8% |
| 2020 | 708.12 billion current LCU | +28.2% |
| 2021 | 1.11 trillion current LCU | +56.7% |
| 2022 | 2.07 trillion current LCU | +86.7% |
| 2023 | 5.22 trillion current LCU | +151.8% |
| 2024 | 13.07 trillion current LCU | +150.5% |
Argentina compared with similar countries
- Argentina's 13.07 trillion current LCU is above the median for upper middle income countries, which is 95.94 billion current LCU, 136.3× the median. (47 countries reporting)
- Argentina's 13.07 trillion current LCU is above the median for Latin America & Caribbean, which is 34.98 billion current LCU, 373.8× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (current LCU) in Argentina changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +1437.5% | 9.42 billion current LCU | 144.83 billion current LCU |
| 1991 | +199.4% | 1.71 billion current LCU | 5.12 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.91 billion current LCU | 1.71 billion current LCU | 7.22 billion current LCU | 10 |
| 2000s | 7.73 billion current LCU | 6.50 billion current LCU | 9.42 billion current LCU | 5 |
| 2010s | 315.78 billion current LCU | 144.83 billion current LCU | 552.19 billion current LCU | 6 |
| 2020s | 4.44 trillion current LCU | 708.12 billion current LCU | 13.07 trillion current LCU | 5 |
Countries ranked near Argentina
More public sector data for Argentina
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 108.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.941 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 104.76 % change on previous year (2024)
Frequently asked questions
- What is compensation of employees in Argentina?
- Compensation of employees in Argentina was 13.07 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Argentina?
- The highest recorded value was 13.07 trillion current LCU in 2024.
- What is the lowest compensation of employees recorded in Argentina?
- The lowest recorded value was 1.71 billion current LCU in 1990.
- How does Argentina rank for compensation of employees?
- Argentina ranks 10th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Argentina?
- Over the last ten years it is up 8,926.0%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.