Compensation of employees (% of expense) in Mexico
Mexico: Compensation of employees (% of expense) was 9.2% in 2023. ▼ Falling
Compensation of employees in Mexico, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Mexico recorded 9.2% for compensation of employees in 2023. That is the lowest value across all 44 years on record.
The figure is down 1.4% on the previous year and down 23.5% over ten years.
Over the whole period, compensation of employees in Mexico peaked at 39.9% in 1981 and was at its lowest, 9.2%, in 2023.
Mexico ranks 144th of 155 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 44 years of available data.
Compensation of employees (% of expense) in Mexico, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 35.1% | — |
| 1973 | 34.7% | -1.0% |
| 1974 | 32.4% | -6.7% |
| 1975 | 34.1% | +5.2% |
| 1976 | 36.1% | +6.0% |
| 1977 | 38.8% | +7.3% |
| 1978 | 37.8% | -2.4% |
| 1979 | 35.1% | -7.1% |
| 1980 | 34.1% | -2.9% |
| 1981 | 39.9% | +16.8% |
| 1982 | 24.1% | -39.5% |
| 1983 | 19.2% | -20.4% |
| 1984 | 21.7% | +13.3% |
| 1985 | 20.3% | -6.4% |
| 1986 | 15.8% | -22.1% |
| 1987 | 12.4% | -22.0% |
| 1988 | 13.8% | +12.0% |
| 1989 | 16.6% | +19.9% |
| 1990 | 18.9% | +13.7% |
| 1991 | 27.2% | +44.1% |
| 1992 | 31.4% | +15.4% |
| 1993 | 22.1% | -29.6% |
| 1994 | 22.7% | +2.7% |
| 1995 | 18.9% | -16.8% |
| 1996 | 18.6% | -1.7% |
| 1997 | 15.3% | -17.3% |
| 1998 | 17.8% | +15.8% |
| 1999 | 17.9% | +0.9% |
| 2000 | 17.1% | -4.6% |
| 2009 | 12.6% | -26.4% |
| 2010 | 12.3% | -2.2% |
| 2011 | 12.0% | -2.2% |
| 2012 | 12.0% | -0.6% |
| 2013 | 12.0% | +0.4% |
| 2014 | 11.8% | -1.8% |
| 2015 | 12.1% | +2.4% |
| 2016 | 11.7% | -3.3% |
| 2017 | 11.3% | -3.2% |
| 2018 | 11.0% | -2.9% |
| 2019 | 10.5% | -4.9% |
| 2020 | 10.9% | +3.8% |
| 2021 | 10.5% | -3.1% |
| 2022 | 9.3% | -11.4% |
| 2023 | 9.2% | -1.4% |
Mexico compared with similar countries
- Mexico's 9.2% is below the median for upper middle income countries, which is 26.6%, 35% of the median. (47 countries reporting)
- Mexico's 9.2% is below the median for Latin America & Caribbean, which is 32.0%, 29% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (% of expense) in Mexico 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 |
|---|---|---|---|
| 1991 | +44.1% | 18.9% | 27.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 35.5% | 32.4% | 38.8% | 8 |
| 1980s | 21.8% | 12.4% | 39.9% | 10 |
| 1990s | 21.1% | 15.3% | 31.4% | 10 |
| 2000s | 14.8% | 12.6% | 17.1% | 2 |
| 2010s | 11.7% | 10.5% | 12.3% | 10 |
| 2020s | 10.0% | 9.2% | 10.9% | 4 |
Countries ranked near Mexico
More public sector data for Mexico
- 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 9.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.3515 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), annual growth rate -98.76 % change on previous year (2021)
Frequently asked questions
- What is compensation of employees in Mexico?
- Compensation of employees in Mexico was 9.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Mexico?
- The highest recorded value was 39.9% in 1981.
- What is the lowest compensation of employees recorded in Mexico?
- The lowest recorded value was 9.2% in 2023.
- How does Mexico rank for compensation of employees?
- Mexico ranks 144th out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Mexico?
- Over the last ten years it is down 23.5%. The long-run trend across the full record is falling.
- Where does this Mexico 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.