Compensation of employees (% of expense) in Czechia
Czechia: Compensation of employees (% of expense) was 12.1% in 2022. ▲ Rising
Compensation of employees in Czechia, 1993–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Czechia recorded 12.1% for compensation of employees in 2022.
That represents a change of down 3.4% on the previous year and up 7.7% over ten years.
Over the whole period, compensation of employees in Czechia peaked at 13.8% in 2002 and was at its lowest, 8.2%, in 1993.
That places Czechia 132nd out of 155 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Compensation of employees (% of expense) in Czechia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1993 | 8.2% | — |
| 1994 | 9.9% | +20.0% |
| 1995 | 9.4% | -4.7% |
| 1996 | 12.6% | +33.7% |
| 1997 | 13.3% | +6.1% |
| 1998 | 11.7% | -12.2% |
| 1999 | 13.3% | +14.0% |
| 2000 | 12.9% | -3.6% |
| 2001 | 13.0% | +1.3% |
| 2002 | 13.8% | +5.9% |
| 2003 | 11.5% | -16.9% |
| 2004 | 11.9% | +3.9% |
| 2005 | 12.5% | +5.0% |
| 2006 | 12.8% | +1.8% |
| 2007 | 12.5% | -1.9% |
| 2008 | 12.6% | +0.4% |
| 2009 | 12.4% | -1.3% |
| 2010 | 12.1% | -2.3% |
| 2011 | 11.4% | -5.9% |
| 2012 | 11.2% | -2.0% |
| 2013 | 11.8% | +5.4% |
| 2014 | 11.7% | -0.8% |
| 2015 | 12.0% | +2.3% |
| 2016 | 12.4% | +3.5% |
| 2017 | 13.2% | +6.6% |
| 2018 | 13.7% | +3.7% |
| 2019 | 13.7% | +0.1% |
| 2020 | 12.7% | -7.7% |
| 2021 | 12.5% | -1.5% |
| 2022 | 12.1% | -3.4% |
Czechia compared with similar countries
- Czechia's 12.1% is below the median for high income countries, which is 18.9%, 64% of the median. (56 countries reporting)
- Czechia's 12.1% is below the median for Europe & Central Asia, which is 16.4%, 73% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.2% | 8.2% | 13.3% | 7 |
| 2000s | 12.6% | 11.5% | 13.8% | 10 |
| 2010s | 12.3% | 11.2% | 13.7% | 10 |
| 2020s | 12.4% | 12.1% | 12.7% | 3 |
Countries ranked near Czechia
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Frequently asked questions
- What is compensation of employees in Czechia?
- Compensation of employees in Czechia was 12.1% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Czechia?
- The highest recorded value was 13.8% in 2002.
- What is the lowest compensation of employees recorded in Czechia?
- The lowest recorded value was 8.2% in 1993.
- How does Czechia rank for compensation of employees?
- Czechia ranks 132nd out of 155 countries with data for 2022.
- Is compensation of employees rising or falling in Czechia?
- Over the last ten years it is up 7.7%. The long-run trend across the full record is rising.
- Where does this Czechia 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.