Compensation of employees (% of expense) in Ecuador
Ecuador: Compensation of employees (% of expense) was 28.6% in 2022. ▲ Rising
Compensation of employees in Ecuador, 2013–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2022, compensation of employees in Ecuador stood at 28.6%.
That represents a change of down 2.2% on the previous year and up 7.3% over ten years.
Over the whole period, compensation of employees in Ecuador peaked at 30.9% in 2020 and was at its lowest, 26.5%, in 2014.
Ecuador ranks 65th of 155 countries on this measure, in the middle of the range.
Compensation of employees (% of expense) in Ecuador, year by year
| Year | % of expense | Change |
|---|---|---|
| 2013 | 26.6% | — |
| 2014 | 26.5% | -0.6% |
| 2015 | 28.8% | +8.8% |
| 2016 | 28.2% | -2.1% |
| 2017 | 30.4% | +7.6% |
| 2018 | 28.7% | -5.4% |
| 2019 | 29.0% | +0.9% |
| 2020 | 30.9% | +6.6% |
| 2021 | 29.2% | -5.5% |
| 2022 | 28.6% | -2.2% |
Ecuador compared with similar countries
- Ecuador's 28.6% is above the median for upper middle income countries, which is 26.6%, 1.1× the median. (47 countries reporting)
- Ecuador's 28.6% is below the median for Latin America & Caribbean, which is 32.0%, 89% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 28.3% | 26.5% | 30.4% | 7 |
| 2020s | 29.6% | 28.6% | 30.9% | 3 |
Countries ranked near Ecuador
More public sector data for Ecuador
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 30.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 1.38 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 257.14 % change on previous year (2024)
Frequently asked questions
- What is compensation of employees in Ecuador?
- Compensation of employees in Ecuador was 28.6% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Ecuador?
- The highest recorded value was 30.9% in 2020.
- What is the lowest compensation of employees recorded in Ecuador?
- The lowest recorded value was 26.5% in 2014.
- How does Ecuador rank for compensation of employees?
- Ecuador ranks 65th out of 155 countries with data for 2022.
- Is compensation of employees rising or falling in Ecuador?
- Over the last ten years it is up 7.3%. The long-run trend across the full record is rising.
- Where does this Ecuador 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.