Compensation of employees in Bangladesh

Bangladesh: Compensation of employees was 596.99 billion current LCU in 2021. ◆ Volatile

Latest (2021)
596.99 billion current LCU
Change on year
up 3.0%
World rank
40th
of 156 countries
All-time high
596.99 billion current LCU
in 2021
All-time low
62.32 billion current LCU
in 2001
Years of data
21
2001–2021

Compensation of employees in Bangladesh, 2001–2021

0200.0B400.0B600.0B2001201120212001: 62.3B current LCU2002: 65.4B current LCU2003: 69.1B current LCU2004: 74.3B current LCU2005: 80.7B current LCU2006: 95.7B current LCU2007: 118.3B current LCU2008: 122.2B current LCU2009: 131.7B current LCU2010: 157.1B current LCU2011: 196.3B current LCU2012: 207.2B current LCU2013: 219.8B current LCU2014: 268.4B current LCU2015: 294.6B current LCU2016: 410.5B current LCU2017: 515.6B current LCU2018: 514.0B current LCU2019: 562.0B current LCU2020: 579.6B current LCU2021: 597.0B current LCU

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 37 Mexico 729.55 billion current LCU compare
  2. 38 Gabon 682.39 billion current LCU compare
  3. 39 Mali 631.06 billion current LCU compare
  4. 41 United States 590.32 billion current LCU compare
  5. 42 Saudi Arabia 562.26 billion current LCU compare
  6. 43 Burundi 480.99 billion current LCU compare

See the full ranking of 156 places →

More public sector data for Bangladesh

All data for Bangladesh →

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.

Download this data

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About this data

Indicator
Compensation of employees (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,496 data points, 1972–2024
Last refreshed

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.