Compensation of employees in Cape Verde
Cape Verde: Compensation of employees was 39.9% in 2020. ▲ Rising
Compensation of employees in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2020, compensation of employees in Cape Verde stood at 39.9%.
Compared with earlier readings it is up 0.4% on the previous year and down 3.6% over ten years.
Over the whole period, compensation of employees in Cape Verde peaked at 43.1% in 2013 and was at its lowest, 35.0%, in 2007.
Cape Verde ranks 27th of 155 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Compensation of employees in Cape Verde, year by year
| Year | % of expense | Change |
|---|---|---|
| 2005 | 37.3% | — |
| 2006 | 35.8% | -4.0% |
| 2007 | 35.0% | -2.3% |
| 2008 | 35.1% | +0.5% |
| 2009 | 40.5% | +15.3% |
| 2010 | 41.3% | +2.1% |
| 2011 | 40.6% | -1.8% |
| 2012 | 42.2% | +4.0% |
| 2013 | 43.1% | +2.2% |
| 2014 | 41.8% | -3.0% |
| 2015 | 38.3% | -8.5% |
| 2016 | 38.5% | +0.5% |
| 2017 | 38.2% | -0.8% |
| 2018 | 41.9% | +9.7% |
| 2019 | 39.7% | -5.2% |
| 2020 | 39.9% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.7% | 35.0% | 40.5% | 5 |
| 2010s | 40.6% | 38.2% | 43.1% | 10 |
| 2020s | 39.9% | 39.9% | 39.9% | 1 |
Countries ranked near Cape Verde
More public sector data for Cape Verde
- Arms imports 3.00 million SIPRI trend indicator values (2019)
- Arms imports (SIPRI trend indicator values), per capita 5.84 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0013 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2019)
- Military expenditure (current USD), per capita 32.06 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0062 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 17.23 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 16.83 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 744.42 SIPRI trend indicator values per square kilometre (2019)
- Military expenditure (current USD), per square kilometre 3,562 current USD per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Cape Verde?
- Compensation of employees in Cape Verde was 39.9% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Cape Verde?
- The highest recorded value was 43.1% in 2013.
- What is the lowest compensation of employees recorded in Cape Verde?
- The lowest recorded value was 35.0% in 2007.
- How does Cape Verde rank for compensation of employees?
- Cape Verde ranks 27th out of 155 countries with data for 2020.
- Is compensation of employees rising or falling in Cape Verde?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is rising.
- Where does this Cape Verde 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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CSV · JSON — 16 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.