Compensation of employees in Bosnia and Herzegovina
Bosnia and Herzegovina: Compensation of employees was 25.8% in 2023. ▼ Falling
Compensation of employees in Bosnia and Herzegovina, 2005–2023
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 Bosnia and Herzegovina is 25.8%, measured in 2023.
The figure is down 0.8% on the previous year and down 10.4% over ten years.
Over the whole period, compensation of employees in Bosnia and Herzegovina peaked at 29.3% in 2011 and was at its lowest, 25.5%, in 2018.
That places Bosnia and Herzegovina 78th 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 19 years of available data.
Compensation of employees in Bosnia and Herzegovina, year by year
| Year | % of expense | Change |
|---|---|---|
| 2005 | 27.9% | — |
| 2006 | 28.8% | +3.0% |
| 2007 | 27.5% | -4.3% |
| 2008 | 27.6% | +0.2% |
| 2009 | 28.2% | +2.4% |
| 2010 | 28.2% | -0.1% |
| 2011 | 29.3% | +3.7% |
| 2012 | 28.7% | -2.1% |
| 2013 | 28.8% | +0.4% |
| 2014 | 26.3% | -8.7% |
| 2015 | 27.4% | +4.3% |
| 2016 | 27.2% | -0.6% |
| 2017 | 26.8% | -1.7% |
| 2018 | 25.5% | -4.7% |
| 2019 | 27.0% | +5.6% |
| 2020 | 25.8% | -4.2% |
| 2021 | 25.9% | +0.4% |
| 2022 | 26.0% | +0.2% |
| 2023 | 25.8% | -0.8% |
Bosnia and Herzegovina compared with similar countries
- Bosnia and Herzegovina's 25.8% is below the median for upper middle income countries, which is 26.6%, 97% of the median. (47 countries reporting)
- Bosnia and Herzegovina's 25.8% is above the median for Europe & Central Asia, which is 16.4%, 1.6× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.0% | 27.5% | 28.8% | 5 |
| 2010s | 27.5% | 25.5% | 29.3% | 10 |
| 2020s | 25.9% | 25.8% | 26.0% | 4 |
Countries ranked near Bosnia and Herzegovina
More public sector data for Bosnia and Herzegovina
- Arms imports 12.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 3.7 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 12.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 68.25 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0073 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 9.45 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 215.97 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 234.38 SIPRI trend indicator values per square kilometre (2021)
- Military expenditure (current USD), per square kilometre 3,854 current USD per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Bosnia and Herzegovina?
- Compensation of employees in Bosnia and Herzegovina was 25.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Bosnia and Herzegovina?
- The highest recorded value was 29.3% in 2011.
- What is the lowest compensation of employees recorded in Bosnia and Herzegovina?
- The lowest recorded value was 25.5% in 2018.
- How does Bosnia and Herzegovina rank for compensation of employees?
- Bosnia and Herzegovina ranks 78th out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is down 10.4%. The long-run trend across the full record is falling.
- Where does this Bosnia and Herzegovina 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.