Compensation of employees (% of expense) in Argentina
Argentina: Compensation of employees (% of expense) was 12.9% in 2023. ▼ Falling
Compensation of employees in Argentina, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Argentina recorded 12.9% for compensation of employees in 2023.
Compared with earlier readings it is up 12.8% on the previous year and up 0.3% over ten years.
Over the whole period, compensation of employees in Argentina peaked at 25.3% in 1991 and was at its lowest, 10.1%, in 2020.
That places Argentina 129th out of 155 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Compensation of employees (% of expense) in Argentina, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 24.0% | — |
| 1991 | 25.3% | +5.1% |
| 1992 | 20.0% | -20.7% |
| 1993 | 16.8% | -16.2% |
| 1994 | 16.7% | -0.7% |
| 1995 | 17.2% | +3.5% |
| 1996 | 16.4% | -4.9% |
| 1997 | 16.4% | +0.1% |
| 1998 | 15.0% | -8.5% |
| 1999 | 15.1% | +0.4% |
| 2000 | 14.7% | -2.5% |
| 2001 | 14.2% | -3.1% |
| 2002 | 11.3% | -20.3% |
| 2003 | 11.7% | +2.9% |
| 2004 | 11.5% | -1.4% |
| 2014 | 12.9% | +11.9% |
| 2015 | 13.2% | +2.3% |
| 2016 | 12.4% | -5.6% |
| 2017 | 12.8% | +2.6% |
| 2018 | 12.1% | -5.3% |
| 2019 | 11.6% | -3.8% |
| 2020 | 10.1% | -13.4% |
| 2021 | 10.5% | +4.1% |
| 2022 | 11.4% | +9.1% |
| 2023 | 12.9% | +12.8% |
Argentina compared with similar countries
- Argentina's 12.9% is below the median for upper middle income countries, which is 26.6%, 48% of the median. (47 countries reporting)
- Argentina's 12.9% is below the median for Latin America & Caribbean, which is 32.0%, 40% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.3% | 15.0% | 25.3% | 10 |
| 2000s | 12.7% | 11.3% | 14.7% | 5 |
| 2010s | 12.5% | 11.6% | 13.2% | 6 |
| 2020s | 11.2% | 10.1% | 12.9% | 4 |
Countries ranked near Argentina
More public sector data for Argentina
- 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 108.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.941 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 104.76 % change on previous year (2024)
Frequently asked questions
- What is compensation of employees in Argentina?
- Compensation of employees in Argentina was 12.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Argentina?
- The highest recorded value was 25.3% in 1991.
- What is the lowest compensation of employees recorded in Argentina?
- The lowest recorded value was 10.1% in 2020.
- How does Argentina rank for compensation of employees?
- Argentina ranks 129th out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Argentina?
- Over the last ten years it is up 0.3%. The long-run trend across the full record is falling.
- Where does this Argentina 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 (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.