Compensation of employees in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Compensation of employees was 18.7% in 2023. ▲ Rising
Compensation of employees in Europe & Central Asia (IDA & IBRD countries), 1998–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for compensation of employees in Europe & Central Asia (IDA & IBRD countries) is 18.7%, measured in 2023. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 11.5% on the previous year and up 18.8% over ten years.
Over the whole period, compensation of employees in Europe & Central Asia (IDA & IBRD countries) peaked at 18.7% in 2023 and was at its lowest, 12.7%, in 1999.
That places Europe & Central Asia (IDA & IBRD countries) 31st out of 41 groups with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Compensation of employees in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | % of expense | Change |
|---|---|---|
| 1998 | 13.6% | — |
| 1999 | 12.7% | -6.2% |
| 2000 | 13.9% | +9.0% |
| 2001 | 14.9% | +7.4% |
| 2003 | 16.3% | +9.8% |
| 2004 | 15.2% | -7.2% |
| 2005 | 17.2% | +13.5% |
| 2006 | 17.6% | +2.1% |
| 2007 | 17.2% | -2.3% |
| 2008 | 18.2% | +5.8% |
| 2009 | 17.5% | -3.8% |
| 2010 | 17.3% | -0.7% |
| 2011 | 16.8% | -3.3% |
| 2012 | 16.2% | -3.4% |
| 2013 | 15.7% | -2.9% |
| 2014 | 15.3% | -2.6% |
| 2015 | 14.4% | -5.7% |
| 2016 | 14.8% | +2.8% |
| 2017 | 15.1% | +2.0% |
| 2018 | 16.1% | +6.0% |
| 2019 | 15.8% | -1.5% |
| 2020 | 15.6% | -1.0% |
| 2021 | 16.5% | +5.5% |
| 2022 | 16.7% | +1.5% |
| 2023 | 18.7% | +11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.1% | 12.7% | 13.6% | 2 |
| 2000s | 16.4% | 13.9% | 18.2% | 9 |
| 2010s | 15.8% | 14.4% | 17.3% | 10 |
| 2020s | 16.9% | 15.6% | 18.7% | 4 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
More public sector data for Europe & Central Asia (IDA & IBRD countries)
- Arms imports 8.83 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.2 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0014 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.61 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 8.83 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 657.44 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0492 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 25.48 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 302.41 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 338.22 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Europe & Central Asia (IDA & IBRD countries)?
- Compensation of employees in Europe & Central Asia (IDA & IBRD countries) was 18.7% 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 (IDA & IBRD countries)?
- The highest recorded value was 18.7% in 2023.
- What is the lowest compensation of employees recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 12.7% in 1999.
- How does Europe & Central Asia (IDA & IBRD countries) rank for compensation of employees?
- Europe & Central Asia (IDA & IBRD countries) ranks 31st out of 41 groups with data for 2023.
- Is compensation of employees rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 18.8%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (IDA & IBRD countries) 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.