Compensation of employees in Naoero
Naoero: Compensation of employees was 72.51 million current LCU in 2024. ▲ Rising
Compensation of employees in Naoero, 2014–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, compensation of employees in Naoero stood at 72.51 million current LCU.
Compared with earlier readings it is down 4.0% on the previous year and up 365.8% over ten years.
Over the whole period, compensation of employees in Naoero peaked at 75.56 million current LCU in 2023 and was at its lowest, 15.57 million current LCU, in 2014.
That places Naoero 152nd out of 156 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Compensation of employees in Naoero, year by year
| Year | current LCU | Change |
|---|---|---|
| 2014 | 15.57 million current LCU | — |
| 2015 | 25.27 million current LCU | +62.3% |
| 2016 | 24.31 million current LCU | -3.8% |
| 2017 | 29.24 million current LCU | +20.2% |
| 2018 | 56.35 million current LCU | +92.7% |
| 2019 | 65.76 million current LCU | +16.7% |
| 2020 | 65.40 million current LCU | -0.5% |
| 2021 | 68.22 million current LCU | +4.3% |
| 2022 | 73.43 million current LCU | +7.6% |
| 2023 | 75.56 million current LCU | +2.9% |
| 2024 | 72.51 million current LCU | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 36.08 million current LCU | 15.57 million current LCU | 65.76 million current LCU | 6 |
| 2020s | 71.02 million current LCU | 65.40 million current LCU | 75.56 million current LCU | 5 |
Countries ranked near Naoero
- 149 San Marino 195.21 million current LCU compare
- 150 Tonga 163.46 million current LCU compare
- 151 Kiribati 115.48 million current LCU compare
- 153 Marshall Islands 50.76 million current LCU compare
- 154 Palau 47.37 million current LCU compare
- 155 Micronesia, Federated States of 22.87 million current LCU compare
More public sector data for Naoero
- Tax revenue 21.4% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 (2019)
- Taxes on income, profits and capital gains 8.7% (2024)
- Capital stock, General government, Constant prices, Percent of GDP 0 (2019)
- Capital stock, General government, Constant prices, Purchasing power 0 (2019)
- Taxes on goods and services 2.7% (2024)
- Net investment in nonfinancial assets 9.2% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) 15.1% (2024)
Frequently asked questions
- What is compensation of employees in Naoero?
- Compensation of employees in Naoero was 72.51 million 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 Naoero?
- The highest recorded value was 75.56 million current LCU in 2023.
- What is the lowest compensation of employees recorded in Naoero?
- The lowest recorded value was 15.57 million current LCU in 2014.
- How does Naoero rank for compensation of employees?
- Naoero ranks 152nd out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Naoero?
- Over the last ten years it is up 365.8%. The long-run trend across the full record is rising.
- Where does this Naoero 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 · JSON — 11 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.