Compensation of employees in Papua New Guinea
Papua New Guinea: Compensation of employees was 11.2% in 2023. ▼ Falling
Compensation of employees in Papua New Guinea, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Papua New Guinea recorded 11.2% for compensation of employees in 2023. That is the lowest value across all 23 years on record.
The figure is down 22.5% on the previous year and down 31.2% over ten years.
Over the whole period, compensation of employees in Papua New Guinea peaked at 40.9% in 1998 and was at its lowest, 11.2%, in 2023.
Papua New Guinea ranks 135th of 155 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Compensation of employees in Papua New Guinea, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 38.2% | — |
| 1991 | 30.7% | -19.7% |
| 1992 | 36.7% | +19.4% |
| 1993 | 31.7% | -13.4% |
| 1994 | 36.3% | +14.5% |
| 1995 | 36.3% | -0.2% |
| 1996 | 28.6% | -21.1% |
| 1997 | 30.8% | +7.7% |
| 1998 | 40.9% | +32.7% |
| 1999 | 31.1% | -23.9% |
| 2000 | 25.0% | -19.6% |
| 2001 | 26.3% | +5.2% |
| 2002 | 27.8% | +5.6% |
| 2014 | 16.3% | -41.3% |
| 2015 | 17.5% | +7.6% |
| 2016 | 20.0% | +14.2% |
| 2017 | 19.0% | -5.1% |
| 2018 | 18.4% | -3.1% |
| 2019 | 16.4% | -10.9% |
| 2020 | 15.5% | -5.5% |
| 2021 | 16.4% | +6.1% |
| 2022 | 14.5% | -12.0% |
| 2023 | 11.2% | -22.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.1% | 28.6% | 40.9% | 10 |
| 2000s | 26.4% | 25.0% | 27.8% | 3 |
| 2010s | 17.9% | 16.3% | 20.0% | 6 |
| 2020s | 14.4% | 11.2% | 16.4% | 4 |
Countries ranked near Papua New Guinea
More public sector data for Papua New Guinea
- Arms imports 9.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.8663 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate 600 % change on previous year (1997)
- Arms imports (SIPRI trend indicator values), gaps filled 9.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 8.6 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.003 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -6.23 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 91.01 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 19.87 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Papua New Guinea?
- Compensation of employees in Papua New Guinea was 11.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Papua New Guinea?
- The highest recorded value was 40.9% in 1998.
- What is the lowest compensation of employees recorded in Papua New Guinea?
- The lowest recorded value was 11.2% in 2023.
- How does Papua New Guinea rank for compensation of employees?
- Papua New Guinea ranks 135th out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Papua New Guinea?
- Over the last ten years it is down 31.2%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea 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.