Compensation of employees in Costa Rica
Costa Rica: Compensation of employees was 5.09 trillion current LCU in 2024. ◆ Volatile
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 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% |
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
- 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)
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 156.68 SIPRI trend indicator values per square kilometre (2019)
- Military expenditure (current USD), per square kilometre 0 current USD per square kilometre (2023)
- Tax revenue 13.5% (2024)
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.
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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.