Compensation of employees in European Union
European Union: Compensation of employees was 15.6% in 2023. ▲ Rising
Compensation of employees in European Union, 1978–2023
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 European Union is 15.6%, measured in 2023.
Compared with earlier readings it is up 3.4% on the previous year and up 7.8% over ten years.
Over the whole period, compensation of employees in European Union peaked at 16.3% in 2019 and was at its lowest, 10.2%, in 1991.
European Union ranks 38th of 41 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 46 years of available data.
Compensation of employees in European Union, year by year
| Year | % of expense | Change |
|---|---|---|
| 1978 | 15.3% | — |
| 1979 | 14.9% | -2.3% |
| 1980 | 13.5% | -9.8% |
| 1981 | 13.6% | +1.2% |
| 1982 | 13.3% | -2.3% |
| 1983 | 12.9% | -3.1% |
| 1984 | 12.5% | -3.4% |
| 1985 | 12.5% | +0.5% |
| 1986 | 11.4% | -8.6% |
| 1987 | 11.7% | +2.6% |
| 1988 | 12.8% | +9.5% |
| 1989 | 12.7% | -0.8% |
| 1990 | 12.4% | -2.6% |
| 1991 | 10.2% | -17.8% |
| 1992 | 11.8% | +15.6% |
| 1993 | 11.5% | -2.5% |
| 1994 | 11.3% | -1.6% |
| 1995 | 14.6% | +29.5% |
| 1996 | 14.3% | -2.3% |
| 1997 | 14.6% | +2.5% |
| 1998 | 16.2% | +10.5% |
| 1999 | 14.9% | -7.8% |
| 2000 | 15.0% | +0.6% |
| 2001 | 14.7% | -2.1% |
| 2002 | 14.9% | +1.5% |
| 2003 | 14.9% | -0.3% |
| 2004 | 15.1% | +1.6% |
| 2005 | 15.5% | +2.5% |
| 2006 | 15.0% | -2.9% |
| 2007 | 15.1% | +0.7% |
| 2008 | 14.5% | -4.2% |
| 2009 | 14.2% | -2.3% |
| 2010 | 14.1% | -0.5% |
| 2011 | 14.1% | -0.1% |
| 2012 | 13.7% | -2.5% |
| 2013 | 14.5% | +5.6% |
| 2014 | 14.4% | -0.8% |
| 2015 | 14.2% | -1.3% |
| 2016 | 14.8% | +4.7% |
| 2017 | 15.6% | +4.8% |
| 2018 | 15.8% | +1.2% |
| 2019 | 16.3% | +3.5% |
| 2020 | 15.2% | -6.8% |
| 2021 | 15.3% | +0.8% |
| 2022 | 15.1% | -1.3% |
| 2023 | 15.6% | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.1% | 14.9% | 15.3% | 2 |
| 1980s | 12.7% | 11.4% | 13.6% | 10 |
| 1990s | 13.2% | 10.2% | 16.2% | 10 |
| 2000s | 14.9% | 14.2% | 15.5% | 10 |
| 2010s | 14.7% | 13.7% | 16.3% | 10 |
| 2020s | 15.3% | 15.1% | 15.6% | 4 |
Countries ranked near European Union
- 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
- 41 Zimbabwe 36.6% compare
More public sector data for European Union
- Arms imports 6.17 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 13.69 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 29.33 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.17 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 818.48 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0189 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 20.53 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 368.50 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,195 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in European Union?
- Compensation of employees in European Union was 15.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in European Union?
- The highest recorded value was 16.3% in 2019.
- What is the lowest compensation of employees recorded in European Union?
- The lowest recorded value was 10.2% in 1991.
- How does European Union rank for compensation of employees?
- European Union ranks 38th out of 41 groups with data for 2023.
- Is compensation of employees rising or falling in European Union?
- Over the last ten years it is up 7.8%. The long-run trend across the full record is rising.
- Where does this European Union 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.