Compensation of employees (% of expense) in Azerbaijan
Azerbaijan: Compensation of employees (% of expense) was 14.2% in 2022. ▲ Rising
Compensation of employees in Azerbaijan, 1994–2022
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 Azerbaijan is 14.2%, measured in 2022.
That represents a change of down 0.2% on the previous year and up 1.4% over ten years.
Over the whole period, compensation of employees in Azerbaijan peaked at 19.0% in 2009 and was at its lowest, 9.9%, in 1995.
Azerbaijan ranks 125th of 155 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Compensation of employees (% of expense) in Azerbaijan, year by year
| Year | % of expense | Change |
|---|---|---|
| 1994 | 14.9% | — |
| 1995 | 9.9% | -33.4% |
| 1996 | 11.5% | +16.2% |
| 1997 | 12.4% | +7.1% |
| 1998 | 11.9% | -4.0% |
| 2008 | 18.3% | +54.0% |
| 2009 | 19.0% | +3.7% |
| 2010 | 17.9% | -5.5% |
| 2011 | 18.3% | +2.5% |
| 2012 | 14.0% | -23.5% |
| 2013 | 14.2% | +0.9% |
| 2014 | 14.9% | +5.4% |
| 2015 | 14.4% | -3.4% |
| 2016 | 13.5% | -6.4% |
| 2017 | 12.2% | -9.7% |
| 2018 | 16.3% | +34.0% |
| 2019 | 15.8% | -3.2% |
| 2020 | 14.7% | -7.1% |
| 2021 | 14.3% | -3.0% |
| 2022 | 14.2% | -0.2% |
Azerbaijan compared with similar countries
- Azerbaijan's 14.2% is below the median for upper middle income countries, which is 26.6%, 53% of the median. (47 countries reporting)
- Azerbaijan's 14.2% is below the median for Europe & Central Asia, which is 16.4%, 87% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (% of expense) in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +54.0% | 11.9% | 18.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.1% | 9.9% | 14.9% | 5 |
| 2000s | 18.6% | 18.3% | 19.0% | 2 |
| 2010s | 15.2% | 12.2% | 18.3% | 10 |
| 2020s | 14.4% | 14.2% | 14.7% | 3 |
Countries ranked near Azerbaijan
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Frequently asked questions
- What is compensation of employees in Azerbaijan?
- Compensation of employees in Azerbaijan was 14.2% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Azerbaijan?
- The highest recorded value was 19.0% in 2009.
- What is the lowest compensation of employees recorded in Azerbaijan?
- The lowest recorded value was 9.9% in 1995.
- How does Azerbaijan rank for compensation of employees?
- Azerbaijan ranks 125th out of 155 countries with data for 2022.
- Is compensation of employees rising or falling in Azerbaijan?
- Over the last ten years it is up 1.4%. The long-run trend across the full record is rising.
- Where does this Azerbaijan 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.