Compensation of employees in Europe & Central Asia
Europe & Central Asia: Compensation of employees was 15.8% in 2023. ▲ Rising
Compensation of employees in Europe & Central Asia, 1993–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, compensation of employees in Europe & Central Asia stood at 15.8%.
That represents a change of up 4.2% on the previous year and up 4.5% over ten years.
Over the whole period, compensation of employees in Europe & Central Asia peaked at 16.1% in 2008 and was at its lowest, 11.2%, in 1993.
Europe & Central Asia ranks 37th of 41 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Compensation of employees in Europe & Central Asia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1993 | 11.2% | — |
| 1994 | 11.3% | +0.3% |
| 1995 | 11.9% | +5.5% |
| 1996 | 13.0% | +9.6% |
| 1997 | 13.1% | +0.8% |
| 1998 | 12.7% | -3.2% |
| 1999 | 12.7% | +0.2% |
| 2000 | 13.4% | +5.2% |
| 2001 | 13.9% | +4.0% |
| 2002 | 14.8% | +6.0% |
| 2003 | 15.0% | +1.8% |
| 2004 | 15.1% | +0.3% |
| 2005 | 15.5% | +2.4% |
| 2006 | 15.5% | +0.3% |
| 2007 | 15.5% | +0.0% |
| 2008 | 16.1% | +3.7% |
| 2009 | 15.6% | -2.7% |
| 2010 | 14.3% | -8.6% |
| 2011 | 14.5% | +1.1% |
| 2012 | 14.6% | +0.7% |
| 2013 | 15.1% | +3.7% |
| 2014 | 15.0% | -0.8% |
| 2015 | 14.4% | -4.0% |
| 2016 | 14.7% | +2.2% |
| 2017 | 15.2% | +3.2% |
| 2018 | 15.7% | +3.6% |
| 2019 | 15.8% | +0.6% |
| 2020 | 15.1% | -4.4% |
| 2021 | 15.2% | +0.6% |
| 2022 | 15.2% | -0.3% |
| 2023 | 15.8% | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.3% | 11.2% | 13.1% | 7 |
| 2000s | 15.0% | 13.4% | 16.1% | 10 |
| 2010s | 14.9% | 14.3% | 15.8% | 10 |
| 2020s | 15.3% | 15.1% | 15.8% | 4 |
Countries ranked near Europe & Central Asia
- 34 Morocco 38.5% compare
- 35 Guinea-Bissau 38.4% compare
- 36 Jamaica 38.0% compare
- 37 Congo, Democratic Republic of the 37.4% compare
- 38 Seychelles 37.3% compare
- 39 Senegal 37.1% compare
- 40 Sudan 36.8% compare
More public sector data for Europe & Central Asia
- Arms imports 14.17 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 15.26 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 23.95 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 14.17 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 774.37 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0245 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 19.52 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 719.05 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 416.81 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Europe & Central Asia?
- Compensation of employees in Europe & Central Asia was 15.8% 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?
- The highest recorded value was 16.1% in 2008.
- What is the lowest compensation of employees recorded in Europe & Central Asia?
- The lowest recorded value was 11.2% in 1993.
- How does Europe & Central Asia rank for compensation of employees?
- Europe & Central Asia ranks 37th out of 41 groups with data for 2023.
- Is compensation of employees rising or falling in Europe & Central Asia?
- Over the last ten years it is up 4.5%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia 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.