Compensation of employees in Luxembourg
Luxembourg: Compensation of employees was 20.5% in 2023. ▬ Flat
Compensation of employees in Luxembourg, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, compensation of employees in Luxembourg stood at 20.5%.
The figure is up 0.3% on the previous year and up 3.9% over ten years.
Over the whole period, compensation of employees in Luxembourg peaked at 23.4% in 1995 and was at its lowest, 17.3%, in 1981.
That places Luxembourg 96th out of 155 countries with data for 2023, putting it in the middle of the range.
Compensation of employees in Luxembourg, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 20.2% | — |
| 1973 | 21.5% | +6.1% |
| 1974 | 22.0% | +2.5% |
| 1975 | 20.0% | -9.0% |
| 1976 | 19.7% | -1.4% |
| 1977 | 19.6% | -0.6% |
| 1978 | 19.9% | +1.5% |
| 1979 | 19.7% | -0.8% |
| 1980 | 20.1% | +2.0% |
| 1981 | 17.3% | -14.2% |
| 1982 | 20.8% | +20.2% |
| 1983 | 18.4% | -11.5% |
| 1984 | 18.9% | +2.8% |
| 1985 | 19.8% | +4.9% |
| 1986 | 20.3% | +2.6% |
| 1987 | 20.7% | +1.8% |
| 1988 | 19.8% | -4.5% |
| 1989 | 20.4% | +3.1% |
| 1990 | 21.0% | +2.9% |
| 1991 | 19.3% | -7.9% |
| 1992 | 21.8% | +12.9% |
| 1993 | 19.7% | -9.8% |
| 1994 | 19.1% | -3.0% |
| 1995 | 23.4% | +22.6% |
| 1996 | 23.0% | -1.8% |
| 1997 | 22.9% | -0.5% |
| 1998 | 22.7% | -0.6% |
| 1999 | 22.4% | -1.6% |
| 2000 | 22.2% | -0.7% |
| 2001 | 22.3% | +0.2% |
| 2002 | 21.7% | -2.4% |
| 2003 | 21.4% | -1.4% |
| 2004 | 21.0% | -1.9% |
| 2005 | 21.1% | +0.5% |
| 2006 | 21.0% | -0.5% |
| 2007 | 21.1% | +0.1% |
| 2008 | 20.3% | -3.5% |
| 2009 | 19.9% | -2.0% |
| 2010 | 20.1% | +1.0% |
| 2011 | 20.2% | +0.4% |
| 2012 | 19.8% | -1.8% |
| 2013 | 19.7% | -0.4% |
| 2014 | 20.0% | +1.0% |
| 2015 | 20.2% | +1.2% |
| 2016 | 20.0% | -0.9% |
| 2017 | 20.2% | +1.0% |
| 2018 | 20.5% | +1.5% |
| 2019 | 20.8% | +1.3% |
| 2020 | 20.2% | -2.5% |
| 2021 | 21.0% | +3.5% |
| 2022 | 20.5% | -2.4% |
| 2023 | 20.5% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.3% | 19.6% | 22.0% | 8 |
| 1980s | 19.7% | 17.3% | 20.8% | 10 |
| 1990s | 21.5% | 19.1% | 23.4% | 10 |
| 2000s | 21.2% | 19.9% | 22.3% | 10 |
| 2010s | 20.1% | 19.7% | 20.8% | 10 |
| 2020s | 20.5% | 20.2% | 21.0% | 4 |
Countries ranked near Luxembourg
More public sector data for Luxembourg
- Arms imports 3.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 4.43 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,287 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0093 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 31.57 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 871.64 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 388.43 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 257,332 current USD per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Luxembourg?
- Compensation of employees in Luxembourg was 20.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Luxembourg?
- The highest recorded value was 23.4% in 1995.
- What is the lowest compensation of employees recorded in Luxembourg?
- The lowest recorded value was 17.3% in 1981.
- How does Luxembourg rank for compensation of employees?
- Luxembourg ranks 96th out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Luxembourg?
- Over the last ten years it is up 3.9%. The long-run trend across the full record is flat.
- Where does this Luxembourg 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 — 52 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.