Compensation of employees (% of expense) in Armenia
Armenia: Compensation of employees (% of expense) was 19.3% in 2023. ▼ Falling
Compensation of employees in Armenia, 2004–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for compensation of employees in Armenia is 19.3%, measured in 2023.
The figure is up 1.4% on the previous year and down 11.1% over ten years.
Over the whole period, compensation of employees in Armenia peaked at 24.8% in 2009 and was at its lowest, 17.1%, in 2004.
That places Armenia 99th out of 155 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Compensation of employees (% of expense) in Armenia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2004 | 17.1% | — |
| 2005 | 20.5% | +19.9% |
| 2006 | 21.3% | +4.1% |
| 2007 | 21.4% | +0.3% |
| 2008 | 21.0% | -1.7% |
| 2009 | 24.8% | +18.0% |
| 2010 | 23.6% | -4.9% |
| 2011 | 23.6% | -0.2% |
| 2012 | 22.3% | -5.4% |
| 2013 | 21.8% | -2.4% |
| 2014 | 21.6% | -0.7% |
| 2015 | 21.0% | -2.8% |
| 2016 | 20.8% | -1.1% |
| 2017 | 21.7% | +4.7% |
| 2018 | 20.7% | -4.6% |
| 2019 | 21.2% | +2.0% |
| 2020 | 19.2% | -9.2% |
| 2021 | 18.4% | -4.1% |
| 2022 | 19.1% | +3.6% |
| 2023 | 19.3% | +1.4% |
Armenia compared with similar countries
- Armenia's 19.3% is below the median for upper middle income countries, which is 26.6%, 73% of the median. (47 countries reporting)
- Armenia's 19.3% is above the median for Europe & Central Asia, which is 16.4%, 1.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.0% | 17.1% | 24.8% | 6 |
| 2010s | 21.8% | 20.7% | 23.6% | 10 |
| 2020s | 19.0% | 18.4% | 19.3% | 4 |
Countries ranked near Armenia
More public sector data for Armenia
- 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 21.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 6.92 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0008 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 200 % change on previous year (2024)
Frequently asked questions
- What is compensation of employees in Armenia?
- Compensation of employees in Armenia was 19.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Armenia?
- The highest recorded value was 24.8% in 2009.
- What is the lowest compensation of employees recorded in Armenia?
- The lowest recorded value was 17.1% in 2004.
- How does Armenia rank for compensation of employees?
- Armenia ranks 99th out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Armenia?
- Over the last ten years it is down 11.1%. The long-run trend across the full record is falling.
- Where does this Armenia 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.