Compensation of employees in Guatemala
Guatemala: Compensation of employees was 32.0% in 2023. ▼ Falling
Compensation of employees in Guatemala, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Guatemala recorded 32.0% for compensation of employees in 2023.
That represents a change of up 2.8% on the previous year and up 2.9% over ten years.
Over the whole period, compensation of employees in Guatemala peaked at 49.8% in 1995 and was at its lowest, 25.1%, in 2007.
Guatemala ranks 57th of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Compensation of employees in Guatemala, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 37.4% | — |
| 1991 | 35.3% | -5.5% |
| 1992 | 36.1% | +2.1% |
| 1993 | 41.0% | +13.5% |
| 1994 | 42.2% | +3.0% |
| 1995 | 49.8% | +18.1% |
| 2000 | 31.3% | -37.1% |
| 2001 | 30.7% | -1.9% |
| 2002 | 30.9% | +0.5% |
| 2003 | 27.0% | -12.5% |
| 2004 | 28.1% | +4.0% |
| 2005 | 25.5% | -9.3% |
| 2006 | 25.4% | -0.2% |
| 2007 | 25.1% | -1.4% |
| 2008 | 26.6% | +6.1% |
| 2009 | 29.0% | +9.0% |
| 2010 | 29.6% | +1.9% |
| 2011 | 30.3% | +2.5% |
| 2012 | 29.3% | -3.5% |
| 2013 | 31.1% | +6.3% |
| 2014 | 33.9% | +9.1% |
| 2015 | 36.4% | +7.4% |
| 2016 | 35.5% | -2.4% |
| 2017 | 36.4% | +2.5% |
| 2018 | 35.8% | -1.8% |
| 2019 | 36.4% | +1.9% |
| 2020 | 33.1% | -9.0% |
| 2021 | 34.8% | +4.9% |
| 2022 | 31.1% | -10.5% |
| 2023 | 32.0% | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 40.3% | 35.3% | 49.8% | 6 |
| 2000s | 28.0% | 25.1% | 31.3% | 10 |
| 2010s | 33.5% | 29.3% | 36.4% | 10 |
| 2020s | 32.8% | 31.1% | 34.8% | 4 |
Countries ranked near Guatemala
More public sector data for Guatemala
- Arms imports 6.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.331 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -40 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 6.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 22.56 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0037 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -5.13 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 415.19 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 55.99 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Guatemala?
- Compensation of employees in Guatemala was 32.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Guatemala?
- The highest recorded value was 49.8% in 1995.
- What is the lowest compensation of employees recorded in Guatemala?
- The lowest recorded value was 25.1% in 2007.
- How does Guatemala rank for compensation of employees?
- Guatemala ranks 57th out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Guatemala?
- Over the last ten years it is up 2.9%. The long-run trend across the full record is falling.
- Where does this Guatemala 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.