Compensation of employees in Jamaica
Jamaica: Compensation of employees was 38.0% in 2020. ▬ Flat
Compensation of employees in Jamaica, 1988–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2020, compensation of employees in Jamaica stood at 38.0%.
The figure is up 5.6% on the previous year and down 1.0% over ten years.
Over the whole period, compensation of employees in Jamaica peaked at 43.6% in 2013 and was at its lowest, 26.7%, in 1992.
Jamaica ranks 36th of 155 countries on this measure, in the top quarter.
Compensation of employees in Jamaica, year by year
| Year | % of expense | Change |
|---|---|---|
| 1988 | 43.0% | — |
| 1989 | 41.4% | -3.8% |
| 1990 | 38.3% | -7.6% |
| 1991 | 36.5% | -4.5% |
| 1992 | 26.7% | -26.9% |
| 1993 | 42.1% | +57.5% |
| 1994 | 33.5% | -20.5% |
| 1995 | 36.4% | +8.9% |
| 1996 | 38.1% | +4.4% |
| 1997 | 40.9% | +7.4% |
| 1998 | 38.1% | -6.7% |
| 1999 | 34.7% | -9.1% |
| 2000 | 37.2% | +7.1% |
| 2001 | 37.9% | +1.9% |
| 2002 | 40.0% | +5.8% |
| 2003 | 34.9% | -12.8% |
| 2004 | 33.7% | -3.4% |
| 2005 | 32.8% | -2.6% |
| 2006 | 35.0% | +6.7% |
| 2007 | 34.1% | -2.7% |
| 2008 | 36.0% | +5.5% |
| 2009 | 32.6% | -9.3% |
| 2010 | 38.4% | +17.7% |
| 2011 | 39.9% | +3.9% |
| 2012 | 40.8% | +2.2% |
| 2013 | 43.6% | +7.1% |
| 2014 | 40.1% | -8.1% |
| 2015 | 39.4% | -1.6% |
| 2016 | 38.8% | -1.6% |
| 2017 | 38.3% | -1.4% |
| 2018 | 37.2% | -2.8% |
| 2019 | 36.0% | -3.2% |
| 2020 | 38.0% | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 42.2% | 41.4% | 43.0% | 2 |
| 1990s | 36.5% | 26.7% | 42.1% | 10 |
| 2000s | 35.4% | 32.6% | 40.0% | 10 |
| 2010s | 39.2% | 36.0% | 43.6% | 10 |
| 2020s | 38.0% | 38.0% | 38.0% | 1 |
Countries ranked near Jamaica
- 33 Namibia 38.8% compare
- 34 Morocco 38.5% compare
- 35 Guinea-Bissau 38.4%
- 37 Congo, Democratic Republic of the 37.4% compare
- 38 Seychelles 37.3% compare
- 39 Senegal 37.1% compare
More public sector data for Jamaica
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.52 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 10.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 92.46 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0119 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 13.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 262.51 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 923.36 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Jamaica?
- Compensation of employees in Jamaica was 38.0% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Jamaica?
- The highest recorded value was 43.6% in 2013.
- What is the lowest compensation of employees recorded in Jamaica?
- The lowest recorded value was 26.7% in 1992.
- How does Jamaica rank for compensation of employees?
- Jamaica ranks 36th out of 155 countries with data for 2020.
- Is compensation of employees rising or falling in Jamaica?
- Over the last ten years it is down 1.0%. The long-run trend across the full record is flat.
- Where does this Jamaica 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.