Compensation of employees in Low & middle income
Low & middle income: Compensation of employees was 25.2% in 2022. ▼ Falling
Compensation of employees in Low & middle income, 2008–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Low & middle income recorded 25.2% for compensation of employees in 2022. That is the lowest value across all 15 years on record.
The figure is down 7.2% on the previous year and down 14.5% over ten years.
Over the whole period, compensation of employees in Low & middle income peaked at 32.7% in 2015 and was at its lowest, 25.2%, in 2022.
That places Low & middle income 18th out of 41 groups with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Compensation of employees in Low & middle income, year by year
| Year | % of expense | Change |
|---|---|---|
| 2008 | 32.6% | — |
| 2009 | 31.6% | -3.2% |
| 2010 | 30.3% | -4.0% |
| 2011 | 29.3% | -3.6% |
| 2012 | 29.5% | +0.9% |
| 2013 | 28.4% | -3.9% |
| 2014 | 28.7% | +1.2% |
| 2015 | 32.7% | +14.1% |
| 2016 | 32.3% | -1.3% |
| 2017 | 30.6% | -5.3% |
| 2018 | 29.7% | -2.9% |
| 2019 | 30.7% | +3.2% |
| 2020 | 31.2% | +1.9% |
| 2021 | 27.2% | -12.9% |
| 2022 | 25.2% | -7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.1% | 31.6% | 32.6% | 2 |
| 2010s | 30.2% | 28.4% | 32.7% | 10 |
| 2020s | 27.9% | 25.2% | 31.2% | 3 |
Countries ranked near Low & middle income
More public sector data for Low & middle income
- Arms imports 11.23 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.67 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -22.65 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 11.23 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 102.29 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0174 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.41 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 687.69 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 186.09 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Low & middle income?
- Compensation of employees in Low & middle income was 25.2% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Low & middle income?
- The highest recorded value was 32.7% in 2015.
- What is the lowest compensation of employees recorded in Low & middle income?
- The lowest recorded value was 25.2% in 2022.
- How does Low & middle income rank for compensation of employees?
- Low & middle income ranks 18th out of 41 groups with data for 2022.
- Is compensation of employees rising or falling in Low & middle income?
- Over the last ten years it is down 14.5%. The long-run trend across the full record is falling.
- Where does this Low & middle income 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.