Compensation of employees in Bangladesh
Bangladesh: Compensation of employees was 596.99 billion current LCU in 2021. ◆ Volatile
Compensation of employees in Bangladesh, 2001–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Bangladesh recorded 596.99 billion current LCU for compensation of employees in 2021. That is the highest value across all 21 years on record.
That represents a change of up 3.0% on the previous year and up 204.2% over ten years.
Over the whole period, compensation of employees in Bangladesh peaked at 596.99 billion current LCU in 2021 and was at its lowest, 62.32 billion current LCU, in 2001.
Bangladesh ranks 40th of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Compensation of employees in Bangladesh, year by year
| Year | current LCU | Change |
|---|---|---|
| 2001 | 62.32 billion current LCU | — |
| 2002 | 65.39 billion current LCU | +4.9% |
| 2003 | 69.14 billion current LCU | +5.7% |
| 2004 | 74.31 billion current LCU | +7.5% |
| 2005 | 80.73 billion current LCU | +8.6% |
| 2006 | 95.70 billion current LCU | +18.5% |
| 2007 | 118.30 billion current LCU | +23.6% |
| 2008 | 122.16 billion current LCU | +3.3% |
| 2009 | 131.69 billion current LCU | +7.8% |
| 2010 | 157.14 billion current LCU | +19.3% |
| 2011 | 196.28 billion current LCU | +24.9% |
| 2012 | 207.21 billion current LCU | +5.6% |
| 2013 | 219.75 billion current LCU | +6.1% |
| 2014 | 268.37 billion current LCU | +22.1% |
| 2015 | 294.61 billion current LCU | +9.8% |
| 2016 | 410.50 billion current LCU | +39.3% |
| 2017 | 515.61 billion current LCU | +25.6% |
| 2018 | 514.02 billion current LCU | -0.3% |
| 2019 | 561.97 billion current LCU | +9.3% |
| 2020 | 579.60 billion current LCU | +3.1% |
| 2021 | 596.99 billion current LCU | +3.0% |
Bangladesh compared with similar countries
- Bangladesh's 596.99 billion current LCU is above the median for lower middle income countries, which is 142.97 billion current LCU, 4.2× the median. (36 countries reporting)
- Bangladesh's 596.99 billion current LCU is above the median for South Asia, which is 377.40 billion current LCU, 1.6× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 91.08 billion current LCU | 62.32 billion current LCU | 131.69 billion current LCU | 9 |
| 2010s | 334.55 billion current LCU | 157.14 billion current LCU | 561.97 billion current LCU | 10 |
| 2020s | 588.30 billion current LCU | 579.60 billion current LCU | 596.99 billion current LCU | 2 |
Countries ranked near Bangladesh
More public sector data for Bangladesh
- Democracy, annual growth rate -100 % change on previous year (2024)
- 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 -100 % change on previous year (2024)
- Elected parliament, annual growth rate -100 % change on previous year (2024)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (2024)
- Democracy 0 (2025)
- Chief executive of the government is elected 0 (2025)
- Elected parliament 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is compensation of employees in Bangladesh?
- Compensation of employees in Bangladesh was 596.99 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Bangladesh?
- The highest recorded value was 596.99 billion current LCU in 2021.
- What is the lowest compensation of employees recorded in Bangladesh?
- The lowest recorded value was 62.32 billion current LCU in 2001.
- How does Bangladesh rank for compensation of employees?
- Bangladesh ranks 40th out of 156 countries with data for 2021.
- Is compensation of employees rising or falling in Bangladesh?
- Over the last ten years it is up 204.2%. The long-run trend across the full record is volatile.
- Where does this Bangladesh 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.
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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.