Compensation of employees (current LCU) in Costa Rica
Costa Rica: Compensation of employees (current LCU) was 5.09 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
5.09 trillion current LCU
Change on year
up 39.8%
World rank
19th
of 156 countries
All-time high
5.09 trillion current LCU
in 2024
All-time low
880.00 million current LCU
in 1973
Years of data
51
1973–2024
Compensation of employees in Costa Rica, 1973–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Costa Rica recorded 5.09 trillion current LCU for compensation of employees in 2024. That is the highest value across all 51 years on record.
That represents a change of up 39.8% on the previous year and up 47.0% over ten years.
Over the whole period, compensation of employees in Costa Rica peaked at 5.09 trillion current LCU in 2024 and was at its lowest, 880.00 million current LCU, in 1973.
Costa Rica ranks 19th of 156 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Compensation of employees (current LCU) in Costa Rica, year by year
| Year | current LCU | Change |
|---|---|---|
| 1973 | 880.00 million current LCU | — |
| 1974 | 1.08 billion current LCU | +22.7% |
| 1976 | 1.87 billion current LCU | +73.1% |
| 1977 | 2.17 billion current LCU | +16.0% |
| 1978 | 3.09 billion current LCU | +42.4% |
| 1979 | 3.74 billion current LCU | +21.0% |
| 1980 | 4.60 billion current LCU | +23.0% |
| 1981 | 5.45 billion current LCU | +18.5% |
| 1982 | 7.72 billion current LCU | +41.7% |
| 1983 | 11.22 billion current LCU | +45.3% |
| 1984 | 12.80 billion current LCU | +14.1% |
| 1985 | 15.39 billion current LCU | +20.2% |
| 1986 | 19.64 billion current LCU | +27.6% |
| 1987 | 27.99 billion current LCU | +42.5% |
| 1988 | 36.06 billion current LCU | +28.8% |
| 1989 | 47.13 billion current LCU | +30.7% |
| 1990 | 57.46 billion current LCU | +21.9% |
| 1991 | 70.90 billion current LCU | +23.4% |
| 1992 | 86.75 billion current LCU | +22.4% |
| 1993 | 107.96 billion current LCU | +24.4% |
| 1994 | 135.39 billion current LCU | +25.4% |
| 1995 | 171.48 billion current LCU | +26.7% |
| 1996 | 201.94 billion current LCU | +17.8% |
| 1997 | 234.55 billion current LCU | +16.1% |
| 1998 | 284.87 billion current LCU | +21.5% |
| 1999 | 351.46 billion current LCU | +23.4% |
| 2000 | 406.43 billion current LCU | +15.6% |
| 2001 | 468.50 billion current LCU | +15.3% |
| 2002 | 599.86 billion current LCU | +28.0% |
| 2003 | 697.10 billion current LCU | +16.2% |
| 2004 | 781.86 billion current LCU | +12.2% |
| 2005 | 898.18 billion current LCU | +14.9% |
| 2006 | 1.05 trillion current LCU | +17.2% |
| 2007 | 1.22 trillion current LCU | +16.2% |
| 2008 | 1.54 trillion current LCU | +26.2% |
| 2009 | 1.99 trillion current LCU | +28.7% |
| 2010 | 2.43 trillion current LCU | +22.3% |
| 2011 | 2.70 trillion current LCU | +10.9% |
| 2012 | 2.94 trillion current LCU | +8.9% |
| 2013 | 3.21 trillion current LCU | +9.2% |
| 2014 | 3.46 trillion current LCU | +7.9% |
| 2015 | 3.74 trillion current LCU | +8.1% |
| 2016 | 3.93 trillion current LCU | +5.1% |
| 2017 | 4.09 trillion current LCU | +4.2% |
| 2018 | 4.31 trillion current LCU | +5.3% |
| 2019 | 3.52 trillion current LCU | -18.3% |
| 2020 | 3.59 trillion current LCU | +1.8% |
| 2021 | 3.60 trillion current LCU | +0.4% |
| 2022 | 3.60 trillion current LCU | +0.0% |
| 2023 | 3.64 trillion current LCU | +1.1% |
| 2024 | 5.09 trillion current LCU | +39.8% |
Costa Rica compared with similar countries
- Costa Rica's 5.09 trillion current LCU is above the median for high income countries, which is 23.97 billion current LCU, 212.3× the median. (57 countries reporting)
- Costa Rica's 5.09 trillion current LCU is above the median for Latin America & Caribbean, which is 34.98 billion current LCU, 145.5× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.14 billion current LCU | 880.00 million current LCU | 3.74 billion current LCU | 6 |
| 1980s | 18.80 billion current LCU | 4.60 billion current LCU | 47.13 billion current LCU | 10 |
| 1990s | 170.28 billion current LCU | 57.46 billion current LCU | 351.46 billion current LCU | 10 |
| 2000s | 965.95 billion current LCU | 406.43 billion current LCU | 1.99 trillion current LCU | 10 |
| 2010s | 3.43 trillion current LCU | 2.43 trillion current LCU | 4.31 trillion current LCU | 10 |
| 2020s | 3.90 trillion current LCU | 3.59 trillion current LCU | 5.09 trillion current LCU | 5 |
Countries ranked near Costa Rica
More public sector data for Costa Rica
- 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 8.00 million SIPRI trend indicator values (2019)
- Arms imports (SIPRI trend indicator values), per capita 1.6 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), gaps filled 8.00 million SIPRI trend indicator values (2019)
Frequently asked questions
- What is compensation of employees in Costa Rica?
- Compensation of employees in Costa Rica was 5.09 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 Costa Rica?
- The highest recorded value was 5.09 trillion current LCU in 2024.
- What is the lowest compensation of employees recorded in Costa Rica?
- The lowest recorded value was 880.00 million current LCU in 1973.
- How does Costa Rica rank for compensation of employees?
- Costa Rica ranks 19th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Costa Rica?
- Over the last ten years it is up 47.0%. The long-run trend across the full record is volatile.
- Where does this Costa Rica 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.