Compensation of employees (% of expense) in Laos
Laos: Compensation of employees (% of expense) was 54.2% in 2022. ▲ Rising
Compensation of employees in Laos, 2008–2022
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 Laos is 54.2%, measured in 2022.
Compared with earlier readings it is down 7.0% on the previous year and up 21.1% over ten years.
Over the whole period, compensation of employees in Laos peaked at 58.8% in 2017 and was at its lowest, 41.4%, in 2010.
Laos ranks 2nd of 155 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Compensation of employees (% of expense) in Laos, year by year
| Year | % of expense | Change |
|---|---|---|
| 2008 | 47.4% | — |
| 2009 | 49.0% | +3.3% |
| 2010 | 41.4% | -15.5% |
| 2011 | 41.6% | +0.5% |
| 2012 | 44.8% | +7.6% |
| 2013 | 56.3% | +25.7% |
| 2014 | 51.3% | -8.8% |
| 2015 | 50.2% | -2.2% |
| 2016 | 51.3% | +2.3% |
| 2017 | 58.8% | +14.5% |
| 2018 | 56.8% | -3.5% |
| 2019 | 53.8% | -5.2% |
| 2020 | 56.6% | +5.1% |
| 2021 | 58.3% | +2.9% |
| 2022 | 54.2% | -7.0% |
Laos compared with similar countries
- Laos's 54.2% is above the median for lower middle income countries, which is 31.8%, 1.7× the median. (36 countries reporting)
- Laos's 54.2% is above the median for East Asia & Pacific, which is 29.6%, 1.8× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 48.2% | 47.4% | 49.0% | 2 |
| 2010s | 50.6% | 41.4% | 58.8% | 10 |
| 2020s | 56.4% | 54.2% | 58.3% | 3 |
Countries ranked near Laos
More public sector data for Laos
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.9009 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 133.33 % change on previous year (2024)
Frequently asked questions
- What is compensation of employees in Laos?
- Compensation of employees in Laos was 54.2% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Laos?
- The highest recorded value was 58.8% in 2017.
- What is the lowest compensation of employees recorded in Laos?
- The lowest recorded value was 41.4% in 2010.
- How does Laos rank for compensation of employees?
- Laos ranks 2nd out of 155 countries with data for 2022.
- Is compensation of employees rising or falling in Laos?
- Over the last ten years it is up 21.1%. The long-run trend across the full record is rising.
- Where does this Laos 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 — 15 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.