Compensation of employees (% of expense) in India
India: Compensation of employees (% of expense) was 12.1% in 2022. ▼ Falling
Compensation of employees in India, 1974–2022
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 India is 12.1%, measured in 2022.
Compared with earlier readings it is up 39.8% over ten years.
Over the whole period, compensation of employees in India peaked at 23.4% in 1974 and was at its lowest, 7.1%, in 2007.
India ranks 131st of 155 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 46 years of available data.
Compensation of employees (% of expense) in India, year by year
| Year | % of expense | Change |
|---|---|---|
| 1974 | 23.4% | — |
| 1975 | 21.5% | -7.8% |
| 1976 | 18.8% | -12.7% |
| 1977 | 17.4% | -7.4% |
| 1978 | 15.9% | -8.6% |
| 1979 | 14.2% | -10.5% |
| 1980 | 14.3% | +0.2% |
| 1981 | 14.2% | -0.6% |
| 1982 | 13.9% | -1.8% |
| 1983 | 13.8% | -1.0% |
| 1984 | 13.5% | -2.0% |
| 1985 | 12.5% | -7.9% |
| 1986 | 13.2% | +5.9% |
| 1987 | 13.1% | -0.3% |
| 1988 | 12.6% | -3.7% |
| 1989 | 11.5% | -8.9% |
| 1990 | 11.2% | -3.0% |
| 1991 | 10.9% | -2.5% |
| 1992 | 11.0% | +0.7% |
| 1993 | 10.1% | -8.2% |
| 1994 | 9.7% | -4.0% |
| 1995 | 9.9% | +2.7% |
| 1996 | 10.0% | +0.3% |
| 1997 | 11.8% | +18.2% |
| 1998 | 11.5% | -2.2% |
| 1999 | 10.9% | -5.1% |
| 2000 | 10.3% | -6.0% |
| 2001 | 9.2% | -10.1% |
| 2002 | 9.7% | +5.2% |
| 2003 | 9.0% | -7.4% |
| 2004 | 8.9% | -1.4% |
| 2005 | 8.4% | -5.0% |
| 2006 | 7.6% | -9.5% |
| 2007 | 7.1% | -7.4% |
| 2008 | 8.6% | +21.5% |
| 2009 | 10.6% | +23.8% |
| 2010 | 8.9% | -16.5% |
| 2011 | 8.8% | -0.5% |
| 2012 | 8.6% | -2.4% |
| 2013 | 8.1% | -5.8% |
| 2014 | 9.7% | +19.0% |
| 2015 | 8.4% | -12.9% |
| 2016 | 9.6% | +14.3% |
| 2017 | 9.5% | -1.8% |
| 2018 | 9.0% | -4.6% |
| 2022 | 12.1% | +33.7% |
India compared with similar countries
- India's 12.1% is below the median for lower middle income countries, which is 31.8%, 38% of the median. (36 countries reporting)
- India's 12.1% is below the median for South Asia, which is 19.6%, 61% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.5% | 14.2% | 23.4% | 6 |
| 1980s | 13.3% | 11.5% | 14.3% | 10 |
| 1990s | 10.7% | 9.7% | 11.8% | 10 |
| 2000s | 8.9% | 7.1% | 10.6% | 10 |
| 2010s | 9.0% | 8.1% | 9.7% | 9 |
| 2020s | 12.1% | 12.1% | 12.1% | 1 |
Countries ranked near India
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Frequently asked questions
- What is compensation of employees in India?
- Compensation of employees in India was 12.1% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in India?
- The highest recorded value was 23.4% in 1974.
- What is the lowest compensation of employees recorded in India?
- The lowest recorded value was 7.1% in 2007.
- How does India rank for compensation of employees?
- India ranks 131st out of 155 countries with data for 2022.
- Is compensation of employees rising or falling in India?
- Over the last ten years it is up 39.8%. The long-run trend across the full record is falling.
- Where does this India 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.