Compensation of employees (% of expense) in Peru
Peru: Compensation of employees (% of expense) was 15.6% in 2021. ▼ Falling
Compensation of employees in Peru, 1972–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2021, compensation of employees in Peru stood at 15.6%. That is the lowest value across all 38 years on record.
That represents a change of down 6.5% on the previous year and down 8.7% over ten years.
Over the whole period, compensation of employees in Peru peaked at 40.0% in 1972 and was at its lowest, 15.6%, in 2021.
That places Peru 116th out of 155 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 38 years of available data.
Compensation of employees (% of expense) in Peru, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 40.0% | — |
| 1973 | 37.5% | -6.2% |
| 1974 | 38.1% | +1.6% |
| 1975 | 34.4% | -9.7% |
| 1976 | 30.5% | -11.5% |
| 1977 | 34.0% | +11.4% |
| 1990 | 18.3% | -46.0% |
| 1991 | 18.5% | +1.1% |
| 1992 | 17.1% | -7.5% |
| 1993 | 18.8% | +10.0% |
| 1994 | 19.2% | +2.0% |
| 1995 | 19.4% | +0.7% |
| 1996 | 19.2% | -1.1% |
| 1997 | 21.4% | +11.9% |
| 1998 | 24.2% | +12.7% |
| 1999 | 22.4% | -7.1% |
| 2000 | 22.4% | -0.2% |
| 2001 | 22.4% | -0.1% |
| 2002 | 22.7% | +1.2% |
| 2003 | 22.9% | +0.9% |
| 2004 | 21.1% | -7.8% |
| 2005 | 20.1% | -4.8% |
| 2006 | 19.7% | -2.2% |
| 2007 | 17.3% | -11.9% |
| 2008 | 17.5% | +1.2% |
| 2009 | 18.1% | +3.2% |
| 2010 | 17.5% | -3.0% |
| 2011 | 17.1% | -2.4% |
| 2012 | 17.8% | +3.8% |
| 2013 | 18.4% | +3.7% |
| 2014 | 18.9% | +2.5% |
| 2015 | 18.6% | -1.7% |
| 2016 | 20.4% | +9.8% |
| 2017 | 19.5% | -4.4% |
| 2018 | 19.6% | +0.7% |
| 2019 | 19.0% | -3.5% |
| 2020 | 16.7% | -11.8% |
| 2021 | 15.6% | -6.5% |
Peru compared with similar countries
- Peru's 15.6% is below the median for upper middle income countries, which is 26.6%, 59% of the median. (47 countries reporting)
- Peru's 15.6% is below the median for Latin America & Caribbean, which is 32.0%, 49% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (% of expense) in Peru 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 |
|---|---|---|---|
| 1990 | -46.0% | 34.0% | 18.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 35.7% | 30.5% | 40.0% | 6 |
| 1990s | 19.9% | 17.1% | 24.2% | 10 |
| 2000s | 20.4% | 17.3% | 22.9% | 10 |
| 2010s | 18.7% | 17.1% | 20.4% | 10 |
| 2020s | 16.2% | 15.6% | 16.7% | 2 |
Countries ranked near Peru
More public sector data for Peru
- 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 90.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.1169 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 -81.82 % change on previous year (2024)
Frequently asked questions
- What is compensation of employees in Peru?
- Compensation of employees in Peru was 15.6% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Peru?
- The highest recorded value was 40.0% in 1972.
- What is the lowest compensation of employees recorded in Peru?
- The lowest recorded value was 15.6% in 2021.
- How does Peru rank for compensation of employees?
- Peru ranks 116th out of 155 countries with data for 2021.
- Is compensation of employees rising or falling in Peru?
- Over the last ten years it is down 8.7%. The long-run trend across the full record is falling.
- Where does this Peru 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.