Compensation of employees in Nicaragua
Nicaragua: Compensation of employees was 32.0% in 2023. ▲ Rising
Compensation of employees in Nicaragua, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Nicaragua recorded 32.0% for compensation of employees in 2023.
Compared with earlier readings it is down 4.8% on the previous year and down 13.9% over ten years.
Over the whole period, compensation of employees in Nicaragua peaked at 48.2% in 1991 and was at its lowest, 21.3%, in 1997.
That places Nicaragua 58th out of 155 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Compensation of employees in Nicaragua, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 22.0% | — |
| 1991 | 48.2% | +119.1% |
| 1992 | 36.4% | -24.5% |
| 1993 | 30.1% | -17.2% |
| 1994 | 28.3% | -6.0% |
| 1995 | 25.4% | -10.5% |
| 1996 | 21.5% | -15.2% |
| 1997 | 21.3% | -1.2% |
| 1998 | 24.0% | +12.8% |
| 1999 | 23.1% | -3.5% |
| 2000 | 22.9% | -0.9% |
| 2001 | 21.8% | -4.8% |
| 2002 | 37.9% | +73.7% |
| 2003 | 36.3% | -4.3% |
| 2004 | 35.0% | -3.4% |
| 2005 | 34.5% | -1.6% |
| 2006 | 34.1% | -0.9% |
| 2007 | 36.0% | +5.5% |
| 2008 | 36.2% | +0.4% |
| 2009 | 38.9% | +7.6% |
| 2010 | 38.0% | -2.3% |
| 2011 | 36.4% | -4.2% |
| 2012 | 36.1% | -0.9% |
| 2013 | 37.1% | +2.8% |
| 2014 | 38.5% | +3.7% |
| 2015 | 37.1% | -3.5% |
| 2016 | 36.5% | -1.7% |
| 2017 | 37.4% | +2.6% |
| 2018 | 38.7% | +3.4% |
| 2019 | 39.9% | +3.1% |
| 2020 | 39.1% | -2.1% |
| 2021 | 34.2% | -12.4% |
| 2022 | 33.6% | -1.9% |
| 2023 | 32.0% | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.0% | 21.3% | 48.2% | 10 |
| 2000s | 33.4% | 21.8% | 38.9% | 10 |
| 2010s | 37.6% | 36.1% | 39.9% | 10 |
| 2020s | 34.7% | 32.0% | 39.1% | 4 |
Countries ranked near Nicaragua
More public sector data for Nicaragua
- Arms imports 13.00 million SIPRI trend indicator values (2019)
- Arms imports (SIPRI trend indicator values), per capita 2.01 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), annual growth rate -91.86 % change on previous year (2017)
- Arms imports (SIPRI trend indicator values), gaps filled 13.00 million SIPRI trend indicator values (2019)
- Military expenditure (current USD), per capita 15.22 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0053 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.77 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 105.26 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 108.03 SIPRI trend indicator values per square kilometre (2019)
Frequently asked questions
- What is compensation of employees in Nicaragua?
- Compensation of employees in Nicaragua was 32.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Nicaragua?
- The highest recorded value was 48.2% in 1991.
- What is the lowest compensation of employees recorded in Nicaragua?
- The lowest recorded value was 21.3% in 1997.
- How does Nicaragua rank for compensation of employees?
- Nicaragua ranks 58th out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Nicaragua?
- Over the last ten years it is down 13.9%. The long-run trend across the full record is rising.
- Where does this Nicaragua 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.