Compensation of employees in North Macedonia
North Macedonia: Compensation of employees was 12.4% in 2023. ▼ Falling
Compensation of employees in North Macedonia, 2005–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
North Macedonia recorded 12.4% for compensation of employees in 2023. That is the lowest value across all 19 years on record.
The figure is down 0.6% on the previous year and down 22.6% over ten years.
Over the whole period, compensation of employees in North Macedonia peaked at 26.3% in 2005 and was at its lowest, 12.4%, in 2023.
North Macedonia ranks 130th of 155 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Compensation of employees in North Macedonia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2005 | 26.3% | — |
| 2006 | 24.2% | -8.2% |
| 2007 | 24.3% | +0.7% |
| 2008 | 16.4% | -32.5% |
| 2009 | 17.5% | +6.3% |
| 2010 | 17.2% | -1.5% |
| 2011 | 17.2% | -0.0% |
| 2012 | 16.6% | -3.7% |
| 2013 | 16.1% | -3.1% |
| 2014 | 15.6% | -3.0% |
| 2015 | 15.5% | -0.3% |
| 2016 | 16.0% | +2.7% |
| 2017 | 15.3% | -3.8% |
| 2018 | 14.5% | -5.4% |
| 2019 | 13.7% | -5.6% |
| 2020 | 12.9% | -6.0% |
| 2021 | 13.0% | +0.6% |
| 2022 | 12.5% | -3.4% |
| 2023 | 12.4% | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.7% | 16.4% | 26.3% | 5 |
| 2010s | 15.8% | 13.7% | 17.2% | 10 |
| 2020s | 12.7% | 12.4% | 13.0% | 4 |
Countries ranked near North Macedonia
More public sector data for North Macedonia
- Arms imports 1.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.5481 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -80 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 193.87 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0209 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 32.65 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 353.69 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 198.25 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in North Macedonia?
- Compensation of employees in North Macedonia was 12.4% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in North Macedonia?
- The highest recorded value was 26.3% in 2005.
- What is the lowest compensation of employees recorded in North Macedonia?
- The lowest recorded value was 12.4% in 2023.
- How does North Macedonia rank for compensation of employees?
- North Macedonia ranks 130th out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in North Macedonia?
- Over the last ten years it is down 22.6%. The long-run trend across the full record is falling.
- Where does this North Macedonia 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 — 19 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.