Compensation of employees (% of expense) in Croatia
Croatia: Compensation of employees (% of expense) was 14.5% in 2023. ▼ Falling
Compensation of employees in Croatia, 1991–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, compensation of employees in Croatia stood at 14.5%.
That represents a change of down 2.2% on the previous year and down 5.6% over ten years.
Over the whole period, compensation of employees in Croatia peaked at 25.9% in 1994 and was at its lowest, 14.4%, in 2015.
Croatia ranks 122nd of 155 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 33 years of available data.
Compensation of employees (% of expense) in Croatia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1991 | 22.7% | — |
| 1992 | 16.1% | -28.9% |
| 1993 | 21.0% | +30.0% |
| 1994 | 25.9% | +23.5% |
| 1995 | 24.5% | -5.3% |
| 1996 | 21.9% | -10.7% |
| 1997 | 22.0% | +0.3% |
| 1998 | 21.6% | -1.8% |
| 1999 | 20.5% | -5.0% |
| 2000 | 18.3% | -10.7% |
| 2001 | 18.3% | -0.3% |
| 2002 | 15.8% | -13.7% |
| 2003 | 15.3% | -2.9% |
| 2004 | 15.2% | -1.1% |
| 2005 | 15.6% | +3.1% |
| 2006 | 16.3% | +4.3% |
| 2007 | 17.2% | +5.3% |
| 2008 | 16.1% | -6.3% |
| 2009 | 16.7% | +4.0% |
| 2010 | 15.9% | -4.8% |
| 2011 | 15.5% | -2.4% |
| 2012 | 16.2% | +4.2% |
| 2013 | 15.4% | -4.9% |
| 2014 | 14.4% | -6.7% |
| 2015 | 14.4% | -0.0% |
| 2016 | 14.8% | +3.4% |
| 2017 | 15.1% | +2.0% |
| 2018 | 15.8% | +4.0% |
| 2019 | 15.6% | -1.0% |
| 2020 | 15.2% | -2.7% |
| 2021 | 15.2% | +0.1% |
| 2022 | 14.9% | -2.3% |
| 2023 | 14.5% | -2.2% |
Croatia compared with similar countries
- Croatia's 14.5% is below the median for high income countries, which is 18.9%, 77% of the median. (56 countries reporting)
- Croatia's 14.5% is below the median for Europe & Central Asia, which is 16.4%, 88% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.8% | 16.1% | 25.9% | 9 |
| 2000s | 16.5% | 15.2% | 18.3% | 10 |
| 2010s | 15.3% | 14.4% | 16.2% | 10 |
| 2020s | 14.9% | 14.5% | 15.2% | 4 |
Countries ranked near Croatia
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Frequently asked questions
- What is compensation of employees in Croatia?
- Compensation of employees in Croatia was 14.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Croatia?
- The highest recorded value was 25.9% in 1994.
- What is the lowest compensation of employees recorded in Croatia?
- The lowest recorded value was 14.4% in 2015.
- How does Croatia rank for compensation of employees?
- Croatia ranks 122nd out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Croatia?
- Over the last ten years it is down 5.6%. The long-run trend across the full record is falling.
- Where does this Croatia 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.