Compensation of employees in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Compensation of employees was 34.5% in 2021. ▬ Flat
Compensation of employees in Heavily indebted poor countries (HIPC), 2010–2021
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 Heavily indebted poor countries (HIPC) is 34.5%, measured in 2021. That is the lowest value across all 11 years on record.
Compared with earlier readings it is down 10.9% on the previous year and down 3.6% over ten years.
Over the whole period, compensation of employees in Heavily indebted poor countries (HIPC) peaked at 38.7% in 2020 and was at its lowest, 34.5%, in 2021.
Heavily indebted poor countries (HIPC) ranks 8th of 41 groups on this measure, in the top quarter.
Compensation of employees in Heavily indebted poor countries (HIPC), year by year
| Year | % of expense | Change |
|---|---|---|
| 2010 | 35.7% | — |
| 2012 | 38.1% | +6.6% |
| 2013 | 36.9% | -3.2% |
| 2014 | 37.6% | +1.8% |
| 2015 | 36.8% | -2.1% |
| 2016 | 36.7% | -0.3% |
| 2017 | 38.4% | +4.8% |
| 2018 | 37.6% | -2.0% |
| 2019 | 37.6% | +0.0% |
| 2020 | 38.7% | +2.8% |
| 2021 | 34.5% | -10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 37.3% | 35.7% | 38.4% | 9 |
| 2020s | 36.6% | 34.5% | 38.7% | 2 |
Countries ranked near Heavily indebted poor countries (HIPC)
- 5 Iraq 51.9% compare
- 6 Central African Republic 49.9% compare
- 7 Saint Vincent and the Grenadines 49.8% compare
- 8 Honduras 48.6% compare
- 9 Saudi Arabia 48.5% compare
- 10 Burundi 48.1% compare
- 11 Madagascar 47.9% compare
More public sector data for Heavily indebted poor countries (HIPC)
- Arms imports 387.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4116 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 -31.02 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 387.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 14.3 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0117 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.7 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 13.44 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 28.9 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Heavily indebted poor countries (HIPC)?
- Compensation of employees in Heavily indebted poor countries (HIPC) was 34.5% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 38.7% in 2020.
- What is the lowest compensation of employees recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 34.5% in 2021.
- How does Heavily indebted poor countries (HIPC) rank for compensation of employees?
- Heavily indebted poor countries (HIPC) ranks 8th out of 41 groups with data for 2021.
- Is compensation of employees rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is flat.
- Where does this Heavily indebted poor countries (HIPC) 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.