Compensation of employees in Belize
Belize: Compensation of employees was 52.4% in 2017. ▼ Falling
Compensation of employees in Belize, 1990–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2017, compensation of employees in Belize stood at 52.4%.
That represents a change of down 1.2% on the previous year and up 37.1% over ten years.
Over the whole period, compensation of employees in Belize peaked at 63.9% in 1990 and was at its lowest, 35.4%, in 2006.
That places Belize 4th out of 155 countries with data for 2017, putting it in the top 10%.
The long-run direction has been consistently falling across the 28 years of available data.
Compensation of employees in Belize, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 63.9% | — |
| 1991 | 63.7% | -0.2% |
| 1992 | 55.4% | -13.1% |
| 1993 | 54.6% | -1.5% |
| 1994 | 53.8% | -1.4% |
| 1995 | 54.9% | +2.1% |
| 1996 | 51.3% | -6.5% |
| 1997 | 51.6% | +0.6% |
| 1998 | 53.0% | +2.6% |
| 1999 | 51.1% | -3.6% |
| 2000 | 51.0% | -0.1% |
| 2001 | 48.4% | -5.2% |
| 2002 | 49.1% | +1.4% |
| 2003 | 45.0% | -8.3% |
| 2004 | 39.5% | -12.1% |
| 2005 | 40.6% | +2.8% |
| 2006 | 35.4% | -13.0% |
| 2007 | 38.2% | +8.1% |
| 2008 | 39.5% | +3.3% |
| 2009 | 41.0% | +3.8% |
| 2010 | 40.5% | -1.2% |
| 2011 | 40.7% | +0.5% |
| 2012 | 52.8% | +29.8% |
| 2013 | 50.6% | -4.2% |
| 2014 | 51.9% | +2.7% |
| 2015 | 53.5% | +3.0% |
| 2016 | 53.0% | -1.0% |
| 2017 | 52.4% | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 55.3% | 51.1% | 63.9% | 10 |
| 2000s | 42.8% | 35.4% | 51.0% | 10 |
| 2010s | 49.4% | 40.5% | 53.5% | 8 |
Countries ranked near Belize
- 1 Mozambique 62.0% compare
- 2 Lao People's Democratic Republic 54.2% compare
- 3 Botswana 54.0% compare
- 5 Iraq 51.9%
- 6 Central African Republic 49.9% compare
- 7 Saint Vincent and the Grenadines 49.8% compare
More public sector data for Belize
- Arms imports 1.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 2.43 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 72.26 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0094 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -1.4 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 30.14 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 43.84 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 1,340 current USD per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Belize?
- Compensation of employees in Belize was 52.4% in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Belize?
- The highest recorded value was 63.9% in 1990.
- What is the lowest compensation of employees recorded in Belize?
- The lowest recorded value was 35.4% in 2006.
- How does Belize rank for compensation of employees?
- Belize ranks 4th out of 155 countries with data for 2017.
- Is compensation of employees rising or falling in Belize?
- Over the last ten years it is up 37.1%. The long-run trend across the full record is falling.
- Where does this Belize 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.