Compensation of employees in Germany
Germany: Compensation of employees was 79.75 billion current LCU in 2024. β² Rising
Compensation of employees in Germany, 1972β2024
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 Germany is 79.75 billion current LCU, measured in 2024. That is the highest value across all 53 years on record.
That represents a change of up 6.7% on the previous year and up 53.7% over ten years.
Over the whole period, compensation of employees in Germany peaked at 79.75 billion current LCU in 2024 and was at its lowest, 11.85 billion current LCU, in 1972.
Germany ranks 76th of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.23 billion current LCU | 11.85 billion current LCU | 19.56 billion current LCU | 8 |
| 1980s | 24.65 billion current LCU | 21.18 billion current LCU | 28.21 billion current LCU | 10 |
| 1990s | 35.45 billion current LCU | 29.64 billion current LCU | 41.81 billion current LCU | 10 |
| 2000s | 42.97 billion current LCU | 41.43 billion current LCU | 46.59 billion current LCU | 10 |
| 2010s | 53.65 billion current LCU | 47.93 billion current LCU | 62.98 billion current LCU | 10 |
| 2020s | 71.93 billion current LCU | 65.71 billion current LCU | 79.75 billion current LCU | 5 |
Countries ranked near Germany
More public sector data for Germany
- Arms imports 239.00 million SIPRI trend indicator values (2024)
- Tax revenue 10.9% (2024)
- Taxes on income, profits and capital gains 16.5% (2024)
- Taxes on goods and services 20.0% (2024)
- Net investment in nonfinancial assets 1.1% (2024)
- Net lending (+) / net borrowing (-) -1.7% (2024)
- Interest payments 2.5% (2024)
- Grants and other revenue 7.9% (2024)
- Interest payments 1.4% (2022)
- Other taxes 0.0% (1980)
Frequently asked questions
- What is compensation of employees in Germany?
- Compensation of employees in Germany was 79.75 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 Germany?
- The highest recorded value was 79.75 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Germany?
- The lowest recorded value was 11.85 billion current LCU in 1972.
- How does Germany rank for compensation of employees?
- Germany ranks 76th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Germany?
- Over the last ten years it is up 53.7%. The long-run trend across the full record is rising.
- Where does this Germany 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
CSV Β· JSON β 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.