Compensation of employees (current LCU) in India
India: Compensation of employees (current LCU) was 4.32 trillion current LCU in 2022. ◆ Volatile
Compensation of employees in India, 1974–2022
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 India is 4.32 trillion current LCU, measured in 2022. That is the highest value across all 46 years on record.
Compared with earlier readings it is up 211.7% over ten years.
Over the whole period, compensation of employees in India peaked at 4.32 trillion current LCU in 2022 and was at its lowest, 16.20 billion current LCU, in 1974.
That places India 21st out of 156 countries with data for 2022, putting it 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 India, year by year
| Year | current LCU | Change |
|---|---|---|
| 1974 | 16.20 billion current LCU | — |
| 1975 | 18.56 billion current LCU | +14.6% |
| 1976 | 18.35 billion current LCU | -1.1% |
| 1977 | 19.02 billion current LCU | +3.7% |
| 1978 | 20.21 billion current LCU | +6.3% |
| 1979 | 21.68 billion current LCU | +7.3% |
| 1980 | 24.58 billion current LCU | +13.4% |
| 1981 | 27.91 billion current LCU | +13.5% |
| 1982 | 32.23 billion current LCU | +15.5% |
| 1983 | 37.52 billion current LCU | +16.4% |
| 1984 | 44.83 billion current LCU | +19.5% |
| 1985 | 50.94 billion current LCU | +13.6% |
| 1986 | 64.36 billion current LCU | +26.3% |
| 1987 | 74.96 billion current LCU | +16.5% |
| 1988 | 84.28 billion current LCU | +12.4% |
| 1989 | 90.82 billion current LCU | +7.8% |
| 1990 | 99.70 billion current LCU | +9.8% |
| 1991 | 110.69 billion current LCU | +11.0% |
| 1992 | 126.24 billion current LCU | +14.0% |
| 1993 | 133.57 billion current LCU | +5.8% |
| 1994 | 144.97 billion current LCU | +8.5% |
| 1995 | 170.36 billion current LCU | +17.5% |
| 1996 | 195.49 billion current LCU | +14.8% |
| 1997 | 265.46 billion current LCU | +35.8% |
| 1998 | 293.91 billion current LCU | +10.7% |
| 1999 | 321.58 billion current LCU | +9.4% |
| 2000 | 338.64 billion current LCU | +5.3% |
| 2001 | 332.29 billion current LCU | -1.9% |
| 2002 | 388.81 billion current LCU | +17.0% |
| 2003 | 391.58 billion current LCU | +0.7% |
| 2004 | 428.04 billion current LCU | +9.3% |
| 2005 | 464.73 billion current LCU | +8.6% |
| 2006 | 493.43 billion current LCU | +6.2% |
| 2007 | 528.37 billion current LCU | +7.1% |
| 2008 | 815.92 billion current LCU | +54.4% |
| 2009 | 1.14 trillion current LCU | +39.8% |
| 2010 | 1.12 trillion current LCU | -1.9% |
| 2011 | 1.12 trillion current LCU | +0.0% |
| 2012 | 1.39 trillion current LCU | +23.9% |
| 2013 | 1.52 trillion current LCU | +9.6% |
| 2014 | 1.79 trillion current LCU | +17.5% |
| 2015 | 1.75 trillion current LCU | -1.7% |
| 2016 | 2.26 trillion current LCU | +29.0% |
| 2017 | 2.52 trillion current LCU | +11.5% |
| 2018 | 2.67 trillion current LCU | +5.8% |
| 2022 | 4.32 trillion current LCU | +62.0% |
India compared with similar countries
- India's 4.32 trillion current LCU is above the median for lower middle income countries, which is 145.99 billion current LCU, 29.6× the median. (36 countries reporting)
- India's 4.32 trillion current LCU is above the median for South Asia, which is 377.40 billion current LCU, 11.5× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (current LCU) in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +62.0% | 2.67 trillion current LCU | 4.32 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.00 billion current LCU | 16.20 billion current LCU | 21.68 billion current LCU | 6 |
| 1980s | 53.24 billion current LCU | 24.58 billion current LCU | 90.82 billion current LCU | 10 |
| 1990s | 186.20 billion current LCU | 99.70 billion current LCU | 321.58 billion current LCU | 10 |
| 2000s | 532.27 billion current LCU | 332.29 billion current LCU | 1.14 trillion current LCU | 10 |
| 2010s | 1.79 trillion current LCU | 1.12 trillion current LCU | 2.67 trillion current LCU | 9 |
| 2020s | 4.32 trillion current LCU | 4.32 trillion current LCU | 4.32 trillion current LCU | 1 |
Countries ranked near India
More public sector data for India
- 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)
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- Arms imports 2.86 billion SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.805 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -21.66 % change on previous year (2024)
Frequently asked questions
- What is compensation of employees in India?
- Compensation of employees in India was 4.32 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in India?
- The highest recorded value was 4.32 trillion current LCU in 2022.
- What is the lowest compensation of employees recorded in India?
- The lowest recorded value was 16.20 billion current LCU in 1974.
- How does India rank for compensation of employees?
- India ranks 21st out of 156 countries with data for 2022.
- Is compensation of employees rising or falling in India?
- Over the last ten years it is up 211.7%. The long-run trend across the full record is volatile.
- Where does this India 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.