Compensation of employees in Russia
Russia: Compensation of employees was 4.53 trillion current LCU in 2020. ◆ Volatile
Compensation of employees in Russia, 1999–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Russia recorded 4.53 trillion current LCU for compensation of employees in 2020. That is the highest value across all 22 years on record.
The figure is up 6.4% on the previous year and up 121.2% over ten years.
Over the whole period, compensation of employees in Russia peaked at 4.53 trillion current LCU in 2020 and was at its lowest, 124.37 billion current LCU, in 1999.
That places Russia 20th out of 156 countries with data for 2020, 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 in Russia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1999 | 124.37 billion current LCU | — |
| 2000 | 214.23 billion current LCU | +72.3% |
| 2001 | 247.49 billion current LCU | +15.5% |
| 2002 | 412.91 billion current LCU | +66.8% |
| 2003 | 548.35 billion current LCU | +32.8% |
| 2004 | 651.00 billion current LCU | +18.7% |
| 2005 | 827.99 billion current LCU | +27.2% |
| 2006 | 1.04 trillion current LCU | +25.0% |
| 2007 | 1.28 trillion current LCU | +23.5% |
| 2008 | 1.61 trillion current LCU | +26.2% |
| 2009 | 1.98 trillion current LCU | +22.9% |
| 2010 | 2.05 trillion current LCU | +3.3% |
| 2011 | 2.25 trillion current LCU | +10.0% |
| 2012 | 2.86 trillion current LCU | +26.8% |
| 2013 | 3.26 trillion current LCU | +14.1% |
| 2014 | 3.46 trillion current LCU | +6.0% |
| 2015 | 3.50 trillion current LCU | +1.1% |
| 2016 | 3.48 trillion current LCU | -0.5% |
| 2017 | 3.63 trillion current LCU | +4.4% |
| 2018 | 3.95 trillion current LCU | +8.8% |
| 2019 | 4.26 trillion current LCU | +7.7% |
| 2020 | 4.53 trillion current LCU | +6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 124.37 billion current LCU | 124.37 billion current LCU | 124.37 billion current LCU | 1 |
| 2000s | 881.20 billion current LCU | 214.23 billion current LCU | 1.98 trillion current LCU | 10 |
| 2010s | 3.27 trillion current LCU | 2.05 trillion current LCU | 4.26 trillion current LCU | 10 |
| 2020s | 4.53 trillion current LCU | 4.53 trillion current LCU | 4.53 trillion current LCU | 1 |
Countries ranked near Russia
- 17 Uganda 6.23 trillion current LCU compare
- 18 Tanzania, United Republic of 5.90 trillion current LCU compare
- 19 Costa Rica 5.09 trillion current LCU compare
- 21 India 4.32 trillion current LCU compare
- 22 Madagascar 3.92 trillion current LCU compare
- 23 Türkiye 3.65 trillion current LCU compare
More public sector data for Russia
- Arms imports 467.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.25 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 113.24 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 467.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,037 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0681 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 36.41 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 148.97 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 13.37 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Russia?
- Compensation of employees in Russia was 4.53 trillion 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 Russia?
- The highest recorded value was 4.53 trillion current LCU in 2020.
- What is the lowest compensation of employees recorded in Russia?
- The lowest recorded value was 124.37 billion current LCU in 1999.
- How does Russia rank for compensation of employees?
- Russia ranks 20th out of 156 countries with data for 2020.
- Is compensation of employees rising or falling in Russia?
- Over the last ten years it is up 121.2%. The long-run trend across the full record is volatile.
- Where does this Russia 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.
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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.