Compensation of employees in Belgium
Belgium: Compensation of employees was 5.9% in 2022. ▼ Falling
Compensation of employees in Belgium, 1995–2022
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 Belgium is 5.9%, measured in 2022.
The figure is up 2.3% on the previous year and down 1.1% over ten years.
Over the whole period, compensation of employees in Belgium peaked at 7.0% in 2002 and was at its lowest, 5.7%, in 2021.
Belgium ranks 153rd of 155 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Compensation of employees in Belgium, year by year
| Year | % of expense | Change |
|---|---|---|
| 1995 | 7.0% | — |
| 1996 | 6.8% | -2.7% |
| 1997 | 6.9% | +0.6% |
| 1998 | 6.8% | -0.7% |
| 1999 | 6.9% | +1.6% |
| 2000 | 6.9% | -0.8% |
| 2001 | 6.9% | -0.1% |
| 2002 | 7.0% | +2.7% |
| 2003 | 6.8% | -2.9% |
| 2004 | 6.7% | -2.0% |
| 2005 | 6.4% | -5.2% |
| 2006 | 6.7% | +5.8% |
| 2007 | 6.6% | -1.5% |
| 2008 | 6.5% | -1.2% |
| 2009 | 6.5% | -1.3% |
| 2010 | 6.3% | -2.0% |
| 2011 | 6.1% | -3.3% |
| 2012 | 5.9% | -2.9% |
| 2013 | 6.0% | +0.8% |
| 2014 | 6.3% | +5.2% |
| 2015 | 6.4% | +1.8% |
| 2016 | 6.3% | -1.4% |
| 2017 | 6.3% | +0.3% |
| 2018 | 6.2% | -2.2% |
| 2019 | 6.1% | -1.7% |
| 2020 | 5.7% | -5.8% |
| 2021 | 5.7% | -0.1% |
| 2022 | 5.9% | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.9% | 6.8% | 7.0% | 5 |
| 2000s | 6.7% | 6.4% | 7.0% | 10 |
| 2010s | 6.2% | 5.9% | 6.4% | 10 |
| 2020s | 5.8% | 5.7% | 5.9% | 3 |
Countries ranked near Belgium
- 150 Switzerland 7.0% compare
- 151 Brazil 6.6% compare
- 152 Spain 5.9% compare
- 154 Germany 5.7% compare
- 155 Kazakhstan 5.2% compare
More public sector data for Belgium
- Arms imports 515.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 43.43 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 -92.94 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 515.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 721.97 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0128 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.22 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 8.56 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 393.52 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Belgium?
- Compensation of employees in Belgium was 5.9% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Belgium?
- The highest recorded value was 7.0% in 2002.
- What is the lowest compensation of employees recorded in Belgium?
- The lowest recorded value was 5.7% in 2021.
- How does Belgium rank for compensation of employees?
- Belgium ranks 153rd out of 155 countries with data for 2022.
- Is compensation of employees rising or falling in Belgium?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is falling.
- Where does this Belgium 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.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.