Compensation of employees in Micronesia (country)
Micronesia (country): Compensation of employees was 26.2% in 2020. ▼ Falling
Compensation of employees in Micronesia (country), 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2020, compensation of employees in Micronesia (country) stood at 26.2%.
The figure is up 4.0% on the previous year and down 27.6% over ten years.
Over the whole period, compensation of employees in Micronesia (country) peaked at 36.6% in 2011 and was at its lowest, 24.1%, in 2018.
Micronesia (country) ranks 75th of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Compensation of employees in Micronesia (country), year by year
| Year | % of expense | Change |
|---|---|---|
| 2008 | 30.7% | — |
| 2009 | 36.3% | +18.3% |
| 2010 | 36.2% | -0.4% |
| 2011 | 36.6% | +1.1% |
| 2012 | 32.1% | -12.2% |
| 2013 | 31.0% | -3.4% |
| 2014 | 29.4% | -5.3% |
| 2015 | 27.9% | -5.2% |
| 2016 | 28.1% | +0.9% |
| 2017 | 24.9% | -11.2% |
| 2018 | 24.1% | -3.5% |
| 2019 | 25.2% | +4.6% |
| 2020 | 26.2% | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.5% | 30.7% | 36.3% | 2 |
| 2010s | 29.5% | 24.1% | 36.6% | 10 |
| 2020s | 26.2% | 26.2% | 26.2% | 1 |
Countries ranked near Micronesia (country)
More public sector data for Micronesia (country)
- Arms imports 7.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 62.15 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0158 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2023)
- Tax revenue 7.0% (2020)
- Taxes on income, profits and capital gains 10.9% (2020)
- Taxes on goods and services 3.4% (2020)
- Net investment in nonfinancial assets 10.5% (2020)
- Net lending (+) / net borrowing (-) 6.9% (2020)
- Interest payments 0.4% (2020)
Frequently asked questions
- What is compensation of employees in Micronesia (country)?
- Compensation of employees in Micronesia (country) was 26.2% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Micronesia (country)?
- The highest recorded value was 36.6% in 2011.
- What is the lowest compensation of employees recorded in Micronesia (country)?
- The lowest recorded value was 24.1% in 2018.
- How does Micronesia (country) rank for compensation of employees?
- Micronesia (country) ranks 75th out of 155 countries with data for 2020.
- Is compensation of employees rising or falling in Micronesia (country)?
- Over the last ten years it is down 27.6%. The long-run trend across the full record is falling.
- Where does this Micronesia (country) 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 — 13 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.