Compensation of employees in Lesotho
Lesotho: Compensation of employees was 44.7% in 2022. ▼ Falling
Compensation of employees in Lesotho, 1987–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Lesotho recorded 44.7% for compensation of employees in 2022.
That represents a change of down 1.0% on the previous year and up 11.5% over ten years.
Over the whole period, compensation of employees in Lesotho peaked at 53.8% in 1995 and was at its lowest, 29.8%, in 2008.
Lesotho ranks 18th of 155 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 35 years of available data.
Compensation of employees in Lesotho, year by year
| Year | % of expense | Change |
|---|---|---|
| 1987 | 36.7% | — |
| 1988 | 42.9% | +17.1% |
| 1989 | 38.8% | -9.5% |
| 1991 | 48.6% | +25.1% |
| 1992 | 46.0% | -5.3% |
| 1993 | 48.2% | +4.6% |
| 1994 | 45.9% | -4.8% |
| 1995 | 53.8% | +17.2% |
| 1996 | 51.6% | -4.1% |
| 1997 | 48.5% | -5.9% |
| 1998 | 42.7% | -12.1% |
| 1999 | 40.8% | -4.3% |
| 2000 | 43.4% | +6.2% |
| 2001 | 39.4% | -9.1% |
| 2002 | 38.3% | -2.9% |
| 2003 | 37.0% | -3.2% |
| 2004 | 37.8% | +2.1% |
| 2005 | 36.1% | -4.5% |
| 2006 | 31.4% | -13.0% |
| 2007 | 33.7% | +7.4% |
| 2008 | 29.8% | -11.6% |
| 2009 | 35.0% | +17.2% |
| 2010 | 40.5% | +15.9% |
| 2011 | 40.2% | -0.8% |
| 2012 | 40.1% | -0.4% |
| 2013 | 40.8% | +1.8% |
| 2014 | 42.5% | +4.2% |
| 2015 | 42.8% | +0.7% |
| 2016 | 41.8% | -2.3% |
| 2017 | 44.5% | +6.5% |
| 2018 | 45.1% | +1.4% |
| 2019 | 43.5% | -3.7% |
| 2020 | 41.2% | -5.2% |
| 2021 | 45.1% | +9.5% |
| 2022 | 44.7% | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 39.5% | 36.7% | 42.9% | 3 |
| 1990s | 47.3% | 40.8% | 53.8% | 9 |
| 2000s | 36.2% | 29.8% | 43.4% | 10 |
| 2010s | 42.2% | 40.1% | 45.1% | 10 |
| 2020s | 43.7% | 41.2% | 45.1% | 3 |
Countries ranked near Lesotho
More public sector data for Lesotho
- Arms imports 1.00 million SIPRI trend indicator values (2019)
- Arms imports (SIPRI trend indicator values), per capita 0.4526 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2019)
- Military expenditure (current USD), per capita 15.53 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 5.37 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 36.30 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 32.94 SIPRI trend indicator values per square kilometre (2019)
- Military expenditure (current USD), per square kilometre 1,135 current USD per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Lesotho?
- Compensation of employees in Lesotho was 44.7% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Lesotho?
- The highest recorded value was 53.8% in 1995.
- What is the lowest compensation of employees recorded in Lesotho?
- The lowest recorded value was 29.8% in 2008.
- How does Lesotho rank for compensation of employees?
- Lesotho ranks 18th out of 155 countries with data for 2022.
- Is compensation of employees rising or falling in Lesotho?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is falling.
- Where does this Lesotho 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.