Compensation of employees (current LCU) in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Compensation of employees (current LCU) was 280.81 million current LCU in 2017. ▲ Rising
Compensation of employees in Saint Vincent and the Grenadines, 2000–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Saint Vincent and the Grenadines recorded 280.81 million current LCU for compensation of employees in 2017. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 2.1% on the previous year and up 48.6% over ten years.
Over the whole period, compensation of employees in Saint Vincent and the Grenadines peaked at 280.81 million current LCU in 2017 and was at its lowest, 127.40 million current LCU, in 2000.
That places Saint Vincent and the Grenadines 145th out of 156 countries with data for 2017, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Compensation of employees (current LCU) in Saint Vincent and the Grenadines, year by year
| Year | current LCU | Change |
|---|---|---|
| 2000 | 127.40 million current LCU | — |
| 2001 | 128.65 million current LCU | +1.0% |
| 2002 | 138.28 million current LCU | +7.5% |
| 2003 | 139.13 million current LCU | +0.6% |
| 2004 | 144.84 million current LCU | +4.1% |
| 2005 | 158.98 million current LCU | +9.8% |
| 2006 | 171.27 million current LCU | +7.7% |
| 2007 | 188.97 million current LCU | +10.3% |
| 2008 | 206.83 million current LCU | +9.4% |
| 2009 | 211.99 million current LCU | +2.5% |
| 2010 | 221.81 million current LCU | +4.6% |
| 2011 | 231.15 million current LCU | +4.2% |
| 2012 | 242.90 million current LCU | +5.1% |
| 2013 | 250.95 million current LCU | +3.3% |
| 2014 | 260.11 million current LCU | +3.7% |
| 2015 | 268.87 million current LCU | +3.4% |
| 2016 | 275.15 million current LCU | +2.3% |
| 2017 | 280.81 million current LCU | +2.1% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 280.81 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)
- Saint Vincent and the Grenadines's 280.81 million current LCU is below the median for Latin America & Caribbean, which is 34.98 billion current LCU, 1% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 161.64 million current LCU | 127.40 million current LCU | 211.99 million current LCU | 10 |
| 2010s | 253.97 million current LCU | 221.81 million current LCU | 280.81 million current LCU | 8 |
Countries ranked near Saint Vincent and the Grenadines
- 142 Belize 530.42 million current LCU compare
- 143 Saint Lucia 383.66 million current LCU compare
- 144 Samoa 351.29 million current LCU compare
- 146 East Timor 247.62 million current LCU compare
- 147 Saint Kitts and Nevis 227.90 million current LCU compare
- 148 Andorra 219.06 million current LCU
More public sector data for Saint Vincent and the Grenadines
- 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)
- Tax revenue 23.8% (2017)
- Capital stock, General government, Current prices, Domestic currency 2.86 (2019)
- Taxes on income, profits and capital gains 24.7% (2017)
- Capital stock, General government, Constant prices, Percent of GDP 130.28 (2019)
Frequently asked questions
- What is compensation of employees in Saint Vincent and the Grenadines?
- Compensation of employees in Saint Vincent and the Grenadines was 280.81 million current LCU in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 280.81 million current LCU in 2017.
- What is the lowest compensation of employees recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 127.40 million current LCU in 2000.
- How does Saint Vincent and the Grenadines rank for compensation of employees?
- Saint Vincent and the Grenadines ranks 145th out of 156 countries with data for 2017.
- Is compensation of employees rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 48.6%. The long-run trend across the full record is rising.
- Where does this Saint Vincent and the Grenadines 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.