Compensation of employees in Guinea-Bissau
Guinea-Bissau: Compensation of employees was 38.4% in 2023. ▬ Flat
Compensation of employees in Guinea-Bissau, 2017–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Guinea-Bissau recorded 38.4% for compensation of employees in 2023. That is the lowest value across all 7 years on record.
The figure is down 19.0% on the previous year and down 7.1% over ten years.
That places Guinea-Bissau 35th out of 155 countries with data for 2023, putting it in the top quarter.
Compensation of employees in Guinea-Bissau, year by year
| Year | % of expense | Change |
|---|---|---|
| 2017 | 41.4% | — |
| 2018 | 45.2% | +9.2% |
| 2019 | 48.6% | +7.6% |
| 2020 | 42.4% | -12.7% |
| 2021 | 48.2% | +13.6% |
| 2022 | 47.5% | -1.6% |
| 2023 | 38.4% | -19.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 45.0% | 41.4% | 48.6% | 3 |
| 2020s | 44.1% | 38.4% | 48.2% | 4 |
Countries ranked near Guinea-Bissau
- 32 Cambodia 38.9% compare
- 33 Namibia 38.8% compare
- 34 Morocco 38.5% compare
- 36 Jamaica 38.0%
- 37 Congo, Democratic Republic of the 37.4% compare
- 38 Seychelles 37.3%
More public sector data for Guinea-Bissau
- Arms imports 5.00 million SIPRI trend indicator values (1993)
- Arms imports (SIPRI trend indicator values), per capita 4.72 SIPRI trend indicator values per person (1993)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0081 SIPRI trend indicator values per US$ of GDP (1993)
- Arms imports (SIPRI trend indicator values), annual growth rate -70 % change on previous year (1991)
- Arms imports (SIPRI trend indicator values), gaps filled 5.00 million SIPRI trend indicator values (1993)
- Military expenditure (current USD), per capita 11.75 current USD per person (2023)
- Military expenditure (current USD), per unit of GDP 0.0122 current USD per US$ of GDP (2023)
- Military expenditure (current USD), annual growth rate 3.07 % change on previous year (2023)
- Military expenditure (current USD), gaps filled 25.29 million current USD (2023)
- Arms imports (SIPRI trend indicator values), per square kilometre 177.81 SIPRI trend indicator values per square kilometre (1993)
Frequently asked questions
- What is compensation of employees in Guinea-Bissau?
- Compensation of employees in Guinea-Bissau was 38.4% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Guinea-Bissau?
- The highest recorded value was 48.6% in 2019.
- What is the lowest compensation of employees recorded in Guinea-Bissau?
- The lowest recorded value was 38.4% in 2023.
- How does Guinea-Bissau rank for compensation of employees?
- Guinea-Bissau ranks 35th out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Guinea-Bissau?
- Over the last ten years it is down 7.1%. The long-run trend across the full record is flat.
- Where does this Guinea-Bissau 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.