Compensation of employees (current LCU) in Micronesia (country)
Micronesia (country): Compensation of employees (current LCU) was 22.87 million current LCU in 2020. ▲ Rising
Compensation of employees in Micronesia (country), 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Micronesia (country) recorded 22.87 million current LCU for compensation of employees in 2020.
Compared with earlier readings it is down 2.7% on the previous year and up 26.9% over ten years.
Over the whole period, compensation of employees in Micronesia (country) peaked at 23.52 million current LCU in 2019 and was at its lowest, 14.72 million current LCU, in 2008.
That places Micronesia (country) 155th out of 156 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Compensation of employees (current LCU) in Micronesia (country), year by year
| Year | current LCU | Change |
|---|---|---|
| 2008 | 14.72 million current LCU | — |
| 2009 | 16.95 million current LCU | +15.2% |
| 2010 | 18.02 million current LCU | +6.3% |
| 2011 | 17.85 million current LCU | -0.9% |
| 2012 | 18.34 million current LCU | +2.7% |
| 2013 | 17.91 million current LCU | -2.4% |
| 2014 | 16.97 million current LCU | -5.2% |
| 2015 | 18.21 million current LCU | +7.3% |
| 2016 | 20.69 million current LCU | +13.7% |
| 2017 | 20.28 million current LCU | -2.0% |
| 2018 | 20.81 million current LCU | +2.6% |
| 2019 | 23.52 million current LCU | +13.0% |
| 2020 | 22.87 million current LCU | -2.7% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 22.87 million current LCU is below the median for upper middle income countries, which is 95.94 billion current LCU, 0% of the median. (47 countries reporting)
- Micronesia (country)'s 22.87 million current LCU is below the median for East Asia & Pacific, which is 23.59 billion current LCU, 0% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.83 million current LCU | 14.72 million current LCU | 16.95 million current LCU | 2 |
| 2010s | 19.26 million current LCU | 16.97 million current LCU | 23.52 million current LCU | 10 |
| 2020s | 22.87 million current LCU | 22.87 million current LCU | 22.87 million current LCU | 1 |
Countries ranked near Micronesia (country)
More public sector data for Micronesia (country)
- 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 7.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 62.15 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0158 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2023)
Frequently asked questions
- What is compensation of employees in Micronesia (country)?
- Compensation of employees in Micronesia (country) was 22.87 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Micronesia (country)?
- The highest recorded value was 23.52 million current LCU in 2019.
- What is the lowest compensation of employees recorded in Micronesia (country)?
- The lowest recorded value was 14.72 million current LCU in 2008.
- How does Micronesia (country) rank for compensation of employees?
- Micronesia (country) ranks 155th out of 156 countries with data for 2020.
- Is compensation of employees rising or falling in Micronesia (country)?
- Over the last ten years it is up 26.9%. The long-run trend across the full record is rising.
- Where does this Micronesia (country) 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.