Compensation of employees in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Compensation of employees was 20.5% in 2023. ▬ Flat
Compensation of employees in Europe & Central Asia (excluding high income), 2008–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Europe & Central Asia (excluding high income) recorded 20.5% for compensation of employees in 2023. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 14.4% on the previous year and up 29.2% over ten years.
Over the whole period, compensation of employees in Europe & Central Asia (excluding high income) peaked at 20.5% in 2023 and was at its lowest, 15.2%, in 2017.
Europe & Central Asia (excluding high income) ranks 28th of 41 groups on this measure, in the middle of the range.
Compensation of employees in Europe & Central Asia (excluding high income), year by year
| Year | % of expense | Change |
|---|---|---|
| 2008 | 17.4% | — |
| 2009 | 18.2% | +4.9% |
| 2010 | 17.9% | -1.7% |
| 2011 | 17.8% | -0.7% |
| 2012 | 16.0% | -9.8% |
| 2013 | 15.9% | -0.9% |
| 2014 | 15.6% | -1.9% |
| 2015 | 15.5% | -0.3% |
| 2016 | 15.3% | -1.3% |
| 2017 | 15.2% | -0.7% |
| 2018 | 16.2% | +6.4% |
| 2019 | 16.2% | +0.0% |
| 2020 | 15.8% | -2.8% |
| 2021 | 16.5% | +4.7% |
| 2022 | 17.9% | +8.8% |
| 2023 | 20.5% | +14.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.8% | 17.4% | 18.2% | 2 |
| 2010s | 16.2% | 15.2% | 17.9% | 10 |
| 2020s | 17.7% | 15.8% | 20.5% | 4 |
Countries ranked near Europe & Central Asia (excluding high income)
- 25 Bhutan 40.4% compare
- 26 Saint Lucia 40.4% compare
- 27 Cape Verde 39.9% compare
- 28 Iran, Islamic Republic of 39.8%
- 29 Bahrain 39.5% compare
- 30 Angola 39.3% compare
- 31 Maldives 39.1% compare
More public sector data for Europe & Central Asia (excluding high income)
- Arms imports 6.55 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 26.15 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0027 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.15 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.55 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 410.43 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0419 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.61 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 102.77 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 979.77 SIPRI trend indicator values per square kilometre (2023)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is compensation of employees in Europe & Central Asia (excluding high income)?
- Compensation of employees in Europe & Central Asia (excluding high income) was 20.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 20.5% in 2023.
- What is the lowest compensation of employees recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 15.2% in 2017.
- How does Europe & Central Asia (excluding high income) rank for compensation of employees?
- Europe & Central Asia (excluding high income) ranks 28th out of 41 groups with data for 2023.
- Is compensation of employees rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is up 29.2%. The long-run trend across the full record is flat.
- Where does this Europe & Central Asia (excluding high income) 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.