Compensation of employees (% of expense) in Maldives
Maldives: Compensation of employees (% of expense) was 39.1% in 2021. ▲ Rising
Compensation of employees in Maldives, 1990–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Maldives recorded 39.1% for compensation of employees in 2021.
That represents a change of down 10.8% on the previous year and down 38.1% over ten years.
Over the whole period, compensation of employees in Maldives peaked at 63.1% in 2011 and was at its lowest, 18.4%, in 2007.
That places Maldives 31st out of 155 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Compensation of employees (% of expense) in Maldives, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 26.1% | — |
| 1991 | 28.4% | +8.8% |
| 1992 | 26.5% | -6.7% |
| 1993 | 26.3% | -1.0% |
| 1994 | 26.7% | +1.7% |
| 1995 | 26.4% | -1.0% |
| 1996 | 26.1% | -1.3% |
| 1997 | 22.8% | -12.5% |
| 1998 | 22.4% | -1.9% |
| 1999 | 23.7% | +5.8% |
| 2000 | 24.9% | +5.1% |
| 2001 | 25.7% | +3.1% |
| 2002 | 25.3% | -1.4% |
| 2003 | 24.0% | -5.0% |
| 2004 | 25.8% | +7.2% |
| 2005 | 21.0% | -18.6% |
| 2006 | 19.3% | -7.8% |
| 2007 | 18.4% | -4.8% |
| 2008 | 34.7% | +88.3% |
| 2009 | 33.6% | -3.1% |
| 2010 | 29.5% | -12.2% |
| 2011 | 63.1% | +113.8% |
| 2014 | 43.6% | -30.9% |
| 2015 | 43.6% | -0.0% |
| 2016 | 45.5% | +4.3% |
| 2017 | 49.8% | +9.5% |
| 2018 | 45.2% | -9.2% |
| 2019 | 39.8% | -12.0% |
| 2020 | 43.8% | +10.2% |
| 2021 | 39.1% | -10.8% |
Maldives compared with similar countries
- Maldives's 39.1% is above the median for upper middle income countries, which is 26.6%, 1.5× the median. (47 countries reporting)
- Maldives's 39.1% is above the median for South Asia, which is 19.6%, 2.0× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (% of expense) in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +113.8% | 29.5% | 63.1% |
| 2008 | +88.3% | 18.4% | 34.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.6% | 22.4% | 28.4% | 10 |
| 2000s | 25.3% | 18.4% | 34.7% | 10 |
| 2010s | 45.0% | 29.5% | 63.1% | 8 |
| 2020s | 41.4% | 39.1% | 43.8% | 2 |
Countries ranked near Maldives
More public sector data for Maldives
- 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 11.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 13.26 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2024)
Frequently asked questions
- What is compensation of employees in Maldives?
- Compensation of employees in Maldives was 39.1% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Maldives?
- The highest recorded value was 63.1% in 2011.
- What is the lowest compensation of employees recorded in Maldives?
- The lowest recorded value was 18.4% in 2007.
- How does Maldives rank for compensation of employees?
- Maldives ranks 31st out of 155 countries with data for 2021.
- Is compensation of employees rising or falling in Maldives?
- Over the last ten years it is down 38.1%. The long-run trend across the full record is rising.
- Where does this Maldives 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 — 30 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.