Compensation of employees in High income
High income: Compensation of employees was 16.1% in 2023. ▲ Rising
Compensation of employees in High income, 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 High income is 16.1%, measured in 2023.
That represents a change of up 3.7% on the previous year and up 2.7% over ten years.
Over the whole period, compensation of employees in High income peaked at 17.0% in 1978 and was at its lowest, 11.2%, in 1991.
That places High income 36th out of 41 groups with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Compensation of employees in High income, year by year
| Year | % of expense | Change |
|---|---|---|
| 1978 | 17.0% | — |
| 1979 | 16.0% | -5.9% |
| 1980 | 13.9% | -12.9% |
| 1981 | 13.8% | -1.1% |
| 1982 | 13.8% | -0.2% |
| 1983 | 13.0% | -5.4% |
| 1984 | 12.8% | -1.5% |
| 1986 | 12.8% | -0.5% |
| 1987 | 14.1% | +10.3% |
| 1988 | 14.5% | +2.8% |
| 1990 | 13.4% | -7.5% |
| 1991 | 11.2% | -16.1% |
| 1992 | 12.7% | +12.7% |
| 1993 | 11.5% | -9.0% |
| 1994 | 11.3% | -1.8% |
| 1995 | 15.5% | +37.2% |
| 1996 | 15.1% | -2.8% |
| 1997 | 15.6% | +3.3% |
| 1998 | 15.7% | +0.6% |
| 1999 | 14.6% | -6.7% |
| 2000 | 14.5% | -1.1% |
| 2001 | 15.3% | +5.6% |
| 2002 | 15.8% | +3.2% |
| 2003 | 15.4% | -2.7% |
| 2004 | 15.6% | +1.3% |
| 2005 | 15.6% | +0.3% |
| 2006 | 16.3% | +4.3% |
| 2007 | 16.7% | +2.5% |
| 2008 | 16.1% | -3.8% |
| 2009 | 15.6% | -2.7% |
| 2010 | 15.0% | -4.3% |
| 2011 | 14.9% | -0.2% |
| 2012 | 15.7% | +4.8% |
| 2013 | 15.7% | +0.2% |
| 2014 | 15.8% | +0.9% |
| 2015 | 15.6% | -1.7% |
| 2016 | 16.4% | +5.4% |
| 2017 | 16.5% | +0.7% |
| 2018 | 16.3% | -1.6% |
| 2019 | 16.5% | +1.4% |
| 2020 | 15.2% | -7.9% |
| 2021 | 15.6% | +2.7% |
| 2022 | 15.5% | -0.4% |
| 2023 | 16.1% | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.5% | 16.0% | 17.0% | 2 |
| 1980s | 13.6% | 12.8% | 14.5% | 8 |
| 1990s | 13.7% | 11.2% | 15.7% | 10 |
| 2000s | 15.7% | 14.5% | 16.7% | 10 |
| 2010s | 15.8% | 14.9% | 16.5% | 10 |
| 2020s | 15.6% | 15.2% | 16.1% | 4 |
Countries ranked near High income
- 33 Namibia 38.8% compare
- 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
More public sector data for High income
- Arms imports 17.59 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 12.4 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 16.09 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 17.59 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,385 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0272 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.96 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 292.64 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in High income?
- Compensation of employees in High income was 16.1% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in High income?
- The highest recorded value was 17.0% in 1978.
- What is the lowest compensation of employees recorded in High income?
- The lowest recorded value was 11.2% in 1991.
- How does High income rank for compensation of employees?
- High income ranks 36th out of 41 groups with data for 2023.
- Is compensation of employees rising or falling in High income?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is rising.
- Where does this High income 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.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.