Compensation of employees (current LCU) in Dominican Republic
Dominican Republic: Compensation of employees (current LCU) was 453.52 billion current LCU in 2024. ◆ Volatile
Latest (2024)
453.52 billion current LCU
Change on year
up 5.5%
World rank
45th
of 156 countries
All-time high
453.52 billion current LCU
in 2024
All-time low
141.80 million current LCU
in 1972
Years of data
53
1972–2024
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 45th 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 (current LCU) 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% |
Dominican Republic compared with similar countries
- Dominican Republic's 453.52 billion current LCU is above the median for upper middle income countries, which is 95.94 billion current LCU, 4.7× the median. (47 countries reporting)
- Dominican Republic's 453.52 billion current LCU is above the median for Latin America & Caribbean, which is 34.98 billion current LCU, 13.0× the median. (25 countries reporting)
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
- 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 13.00 million SIPRI trend indicator values (2025)
- 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)
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 45th 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.
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.