Compensation of employees (current LCU) in Bosnia and Herzegovina
Bosnia and Herzegovina: Compensation of employees (current LCU) was 4.92 billion current LCU in 2024. ▲ Rising
Compensation of employees in Bosnia and Herzegovina, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, compensation of employees in Bosnia and Herzegovina stood at 4.92 billion current LCU. That is the highest value across all 20 years on record.
That represents a change of up 8.4% on the previous year and up 71.5% over ten years.
Over the whole period, compensation of employees in Bosnia and Herzegovina peaked at 4.92 billion current LCU in 2024 and was at its lowest, 1.61 billion current LCU, in 2005.
That places Bosnia and Herzegovina 121st out of 156 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Compensation of employees (current LCU) in Bosnia and Herzegovina, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 1.61 billion current LCU | — |
| 2006 | 1.96 billion current LCU | +22.0% |
| 2007 | 2.24 billion current LCU | +14.1% |
| 2008 | 2.66 billion current LCU | +18.9% |
| 2009 | 2.79 billion current LCU | +4.7% |
| 2010 | 2.80 billion current LCU | +0.5% |
| 2011 | 2.93 billion current LCU | +4.4% |
| 2012 | 2.93 billion current LCU | +0.3% |
| 2013 | 2.88 billion current LCU | -1.8% |
| 2014 | 2.87 billion current LCU | -0.3% |
| 2015 | 2.89 billion current LCU | +0.7% |
| 2016 | 2.88 billion current LCU | -0.5% |
| 2017 | 2.89 billion current LCU | +0.3% |
| 2018 | 2.99 billion current LCU | +3.6% |
| 2019 | 3.29 billion current LCU | +9.9% |
| 2020 | 3.44 billion current LCU | +4.8% |
| 2021 | 3.54 billion current LCU | +2.8% |
| 2022 | 3.96 billion current LCU | +11.9% |
| 2023 | 4.54 billion current LCU | +14.6% |
| 2024 | 4.92 billion current LCU | +8.4% |
Bosnia and Herzegovina compared with similar countries
- Bosnia and Herzegovina's 4.92 billion current LCU is below the median for upper middle income countries, which is 95.94 billion current LCU, 5% of the median. (47 countries reporting)
- Bosnia and Herzegovina's 4.92 billion current LCU is below the median for Europe & Central Asia, which is 31.50 billion current LCU, 16% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.25 billion current LCU | 1.61 billion current LCU | 2.79 billion current LCU | 5 |
| 2010s | 2.93 billion current LCU | 2.80 billion current LCU | 3.29 billion current LCU | 10 |
| 2020s | 4.08 billion current LCU | 3.44 billion current LCU | 4.92 billion current LCU | 5 |
Countries ranked near Bosnia and Herzegovina
More public sector data for Bosnia and Herzegovina
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Frequently asked questions
- What is compensation of employees in Bosnia and Herzegovina?
- Compensation of employees in Bosnia and Herzegovina was 4.92 billion 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 Bosnia and Herzegovina?
- The highest recorded value was 4.92 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Bosnia and Herzegovina?
- The lowest recorded value was 1.61 billion current LCU in 2005.
- How does Bosnia and Herzegovina rank for compensation of employees?
- Bosnia and Herzegovina ranks 121st out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is up 71.5%. The long-run trend across the full record is rising.
- Where does this Bosnia and Herzegovina 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.