Compensation of employees in Dominican Republic
Dominican Republic: Compensation of employees was 453.52 billion current LCU in 2024. ◆ Volatile
Compensation of employees in Dominican Republic, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for compensation of employees in Dominican Republic is 453.52 billion current LCU, measured in 2024. That is the highest value across all 53 years on record.
The figure is up 5.5% on the previous year and up 170.3% over ten years.
Over the whole period, compensation of employees in Dominican Republic peaked at 453.52 billion current LCU in 2024 and was at its lowest, 141.80 million current LCU, in 1972.
Dominican Republic ranks 44th 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 Dominican Republic, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 141.80 million current LCU | — |
| 1973 | 150.00 million current LCU | +5.8% |
| 1974 | 168.00 million current LCU | +12.0% |
| 1975 | 186.80 million current LCU | +11.2% |
| 1976 | 202.40 million current LCU | +8.4% |
| 1977 | 212.30 million current LCU | +4.9% |
| 1978 | 256.50 million current LCU | +20.8% |
| 1979 | 367.40 million current LCU | +43.2% |
| 1980 | 442.30 million current LCU | +20.4% |
| 1981 | 482.30 million current LCU | +9.0% |
| 1982 | 508.80 million current LCU | +5.5% |
| 1983 | 525.60 million current LCU | +3.3% |
| 1984 | 599.10 million current LCU | +14.0% |
| 1985 | 736.60 million current LCU | +23.0% |
| 1986 | 835.90 million current LCU | +13.5% |
| 1987 | 813.30 million current LCU | -2.7% |
| 1988 | 1.18 billion current LCU | +44.9% |
| 1989 | 1.48 billion current LCU | +25.9% |
| 1990 | 2.00 billion current LCU | +35.1% |
| 1991 | 2.65 billion current LCU | +32.2% |
| 1992 | 3.49 billion current LCU | +31.6% |
| 1993 | 4.44 billion current LCU | +27.3% |
| 1994 | 5.31 billion current LCU | +19.6% |
| 1995 | 6.82 billion current LCU | +28.5% |
| 1996 | 7.78 billion current LCU | +14.0% |
| 1997 | 12.46 billion current LCU | +60.3% |
| 1998 | 15.06 billion current LCU | +20.8% |
| 1999 | 16.69 billion current LCU | +10.9% |
| 2000 | 21.37 billion current LCU | +28.0% |
| 2001 | 25.12 billion current LCU | +17.5% |
| 2002 | 28.75 billion current LCU | +14.5% |
| 2003 | 30.41 billion current LCU | +5.8% |
| 2004 | 35.21 billion current LCU | +15.8% |
| 2005 | 50.72 billion current LCU | +44.1% |
| 2006 | 57.34 billion current LCU | +13.1% |
| 2007 | 68.28 billion current LCU | +19.1% |
| 2008 | 80.12 billion current LCU | +17.3% |
| 2009 | 93.51 billion current LCU | +16.7% |
| 2010 | 104.84 billion current LCU | +12.1% |
| 2011 | 113.92 billion current LCU | +8.7% |
| 2012 | 120.92 billion current LCU | +6.1% |
| 2013 | 153.78 billion current LCU | +27.2% |
| 2014 | 167.81 billion current LCU | +9.1% |
| 2015 | 186.03 billion current LCU | +10.9% |
| 2016 | 209.10 billion current LCU | +12.4% |
| 2017 | 226.43 billion current LCU | +8.3% |
| 2018 | 260.58 billion current LCU | +15.1% |
| 2019 | 278.70 billion current LCU | +7.0% |
| 2020 | 297.11 billion current LCU | +6.6% |
| 2021 | 337.23 billion current LCU | +13.5% |
| 2022 | 385.80 billion current LCU | +14.4% |
| 2023 | 429.71 billion current LCU | +11.4% |
| 2024 | 453.52 billion current LCU | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 210.65 million current LCU | 141.80 million current LCU | 367.40 million current LCU | 8 |
| 1980s | 760.58 million current LCU | 442.30 million current LCU | 1.48 billion current LCU | 10 |
| 1990s | 7.67 billion current LCU | 2.00 billion current LCU | 16.69 billion current LCU | 10 |
| 2000s | 49.08 billion current LCU | 21.37 billion current LCU | 93.51 billion current LCU | 10 |
| 2010s | 182.21 billion current LCU | 104.84 billion current LCU | 278.70 billion current LCU | 10 |
| 2020s | 380.67 billion current LCU | 297.11 billion current LCU | 453.52 billion current LCU | 5 |
Countries ranked near Dominican Republic
More public sector data for Dominican Republic
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.8751 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 11.11 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 10.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 85.84 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0079 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 3.65 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 980.99 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 186.73 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Dominican Republic?
- Compensation of employees in Dominican Republic was 453.52 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 Dominican Republic?
- The highest recorded value was 453.52 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Dominican Republic?
- The lowest recorded value was 141.80 million current LCU in 1972.
- How does Dominican Republic rank for compensation of employees?
- Dominican Republic ranks 44th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Dominican Republic?
- Over the last ten years it is up 170.3%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic 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.