Compensation of employees in Post-demographic dividend
Post-demographic dividend: Compensation of employees was 14.5% in 2023. ▼ Falling
Compensation of employees in Post-demographic dividend, 1974–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for compensation of employees in Post-demographic dividend is 14.5%, measured in 2023.
Compared with earlier readings it is up 14.4% on the previous year and up 20.7% over ten years.
Over the whole period, compensation of employees in Post-demographic dividend peaked at 16.7% in 1974 and was at its lowest, 9.7%, in 1994.
Post-demographic dividend ranks 39th of 41 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 50 years of available data.
Compensation of employees in Post-demographic dividend, year by year
| Year | % of expense | Change |
|---|---|---|
| 1974 | 16.7% | — |
| 1975 | 15.4% | -7.6% |
| 1976 | 15.6% | +1.1% |
| 1977 | 15.7% | +0.7% |
| 1978 | 15.4% | -1.9% |
| 1979 | 14.8% | -4.0% |
| 1980 | 13.9% | -5.6% |
| 1981 | 13.5% | -2.8% |
| 1982 | 13.1% | -3.3% |
| 1983 | 13.0% | -0.6% |
| 1984 | 12.5% | -3.8% |
| 1985 | 12.5% | -0.0% |
| 1986 | 12.6% | +0.3% |
| 1987 | 13.8% | +9.7% |
| 1988 | 13.9% | +0.8% |
| 1989 | 12.8% | -7.9% |
| 1990 | 10.2% | -20.2% |
| 1991 | 10.0% | -1.9% |
| 1992 | 10.1% | +0.6% |
| 1993 | 9.8% | -2.5% |
| 1994 | 9.7% | -0.6% |
| 1995 | 9.8% | +0.2% |
| 1996 | 9.9% | +1.6% |
| 1997 | 10.5% | +6.0% |
| 1998 | 10.7% | +1.6% |
| 1999 | 11.4% | +6.5% |
| 2000 | 11.0% | -3.8% |
| 2001 | 12.2% | +11.5% |
| 2002 | 13.8% | +12.7% |
| 2003 | 13.3% | -3.6% |
| 2004 | 13.3% | +0.1% |
| 2005 | 13.1% | -1.1% |
| 2006 | 12.9% | -1.7% |
| 2007 | 12.8% | -1.0% |
| 2008 | 12.7% | -1.1% |
| 2009 | 12.3% | -2.9% |
| 2010 | 12.0% | -1.9% |
| 2011 | 11.6% | -3.3% |
| 2012 | 11.5% | -1.2% |
| 2013 | 12.0% | +4.6% |
| 2014 | 11.8% | -1.6% |
| 2015 | 12.1% | +2.6% |
| 2016 | 12.9% | +5.9% |
| 2017 | 13.3% | +3.4% |
| 2018 | 14.1% | +5.9% |
| 2019 | 13.7% | -2.5% |
| 2020 | 12.9% | -5.8% |
| 2021 | 12.9% | -0.3% |
| 2022 | 12.7% | -1.5% |
| 2023 | 14.5% | +14.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.6% | 14.8% | 16.7% | 6 |
| 1980s | 13.2% | 12.5% | 13.9% | 10 |
| 1990s | 10.2% | 9.7% | 11.4% | 10 |
| 2000s | 12.7% | 11.0% | 13.8% | 10 |
| 2010s | 12.5% | 11.5% | 14.1% | 10 |
| 2020s | 13.3% | 12.7% | 14.5% | 4 |
Countries ranked near Post-demographic dividend
- 36 Jamaica 38.0% compare
- 37 Congo, Democratic Republic of the 37.4% compare
- 38 Seychelles 37.3% compare
- 39 Senegal 37.1% compare
- 40 Sudan 36.8% compare
- 41 Zimbabwe 36.6% compare
- 42 Saint Kitts and Nevis 35.7% compare
More public sector data for Post-demographic dividend
- Arms imports 15.20 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 13.47 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 33.39 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 15.20 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,472 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0261 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 9.78 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.66 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 365.72 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Post-demographic dividend?
- Compensation of employees in Post-demographic dividend was 14.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Post-demographic dividend?
- The highest recorded value was 16.7% in 1974.
- What is the lowest compensation of employees recorded in Post-demographic dividend?
- The lowest recorded value was 9.7% in 1994.
- How does Post-demographic dividend rank for compensation of employees?
- Post-demographic dividend ranks 39th out of 41 groups with data for 2023.
- Is compensation of employees rising or falling in Post-demographic dividend?
- Over the last ten years it is up 20.7%. The long-run trend across the full record is falling.
- Where does this Post-demographic dividend 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.