Compensation of employees in Least developed countries
Least developed countries: Compensation of employees was 39.9% in 2021. ▲ Rising
Compensation of employees in Least developed countries, 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 Least developed countries is 39.9%, measured in 2021. That is the highest value across all 11 years on record.
That represents a change of up 2.9% on the previous year and up 16.2% over ten years.
Over the whole period, compensation of employees in Least developed countries peaked at 39.9% in 2021 and was at its lowest, 33.6%, in 2014.
Least developed countries ranks 1st of 39 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 11 years of available data.
Compensation of employees in Least developed countries, year by year
| Year | % of expense | Change |
|---|---|---|
| 2010 | 34.3% | — |
| 2012 | 35.4% | +3.0% |
| 2013 | 34.8% | -1.5% |
| 2014 | 33.6% | -3.6% |
| 2015 | 35.1% | +4.4% |
| 2016 | 37.3% | +6.4% |
| 2017 | 39.1% | +4.9% |
| 2018 | 36.8% | -5.9% |
| 2019 | 39.7% | +7.7% |
| 2020 | 38.8% | -2.2% |
| 2021 | 39.9% | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 36.2% | 33.6% | 39.7% | 9 |
| 2020s | 39.3% | 38.8% | 39.9% | 2 |
Countries ranked near Least developed countries
More public sector data for Least developed countries
- Arms imports 748.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.645 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -26.74 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 748.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 19.79 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0152 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 19.77 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 23.48 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.74 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Least developed countries?
- Compensation of employees in Least developed countries was 39.9% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Least developed countries?
- The highest recorded value was 39.9% in 2021.
- What is the lowest compensation of employees recorded in Least developed countries?
- The lowest recorded value was 33.6% in 2014.
- How does Least developed countries rank for compensation of employees?
- Least developed countries ranks 1st out of 39 groups with data for 2021.
- Is compensation of employees rising or falling in Least developed countries?
- Over the last ten years it is up 16.2%. The long-run trend across the full record is rising.
- Where does this Least developed countries 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.