Compensation of employees (% of expense) in Russia
Russia: Compensation of employees (% of expense) was 11.9% in 2020. ▼ Falling
Compensation of employees in Russia, 1999–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Russia recorded 11.9% for compensation of employees in 2020. That is the lowest value across all 22 years on record.
Compared with earlier readings it is down 9.1% on the previous year and down 26.2% over ten years.
Over the whole period, compensation of employees in Russia peaked at 19.7% in 2006 and was at its lowest, 11.9%, in 2020.
Russia ranks 133rd of 155 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Compensation of employees (% of expense) in Russia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1999 | 12.7% | — |
| 2000 | 13.9% | +9.0% |
| 2001 | 12.2% | -12.2% |
| 2002 | 16.9% | +39.1% |
| 2003 | 18.0% | +6.5% |
| 2004 | 17.7% | -1.6% |
| 2005 | 19.2% | +8.4% |
| 2006 | 19.7% | +2.7% |
| 2007 | 16.7% | -15.3% |
| 2008 | 18.2% | +8.6% |
| 2009 | 15.9% | -12.3% |
| 2010 | 16.2% | +1.6% |
| 2011 | 16.1% | -0.6% |
| 2012 | 17.4% | +8.0% |
| 2013 | 18.2% | +4.7% |
| 2014 | 16.5% | -9.0% |
| 2015 | 13.7% | -17.0% |
| 2016 | 13.1% | -4.6% |
| 2017 | 12.9% | -1.7% |
| 2018 | 13.2% | +2.1% |
| 2019 | 13.1% | -0.2% |
| 2020 | 11.9% | -9.1% |
Russia compared with similar countries
- Russia's 11.9% is below the median for high income countries, which is 18.9%, 63% of the median. (56 countries reporting)
- Russia's 11.9% is below the median for Europe & Central Asia, which is 16.4%, 73% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.7% | 12.7% | 12.7% | 1 |
| 2000s | 16.8% | 12.2% | 19.7% | 10 |
| 2010s | 15.0% | 12.9% | 18.2% | 10 |
| 2020s | 11.9% | 11.9% | 11.9% | 1 |
Countries ranked near Russia
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Frequently asked questions
- What is compensation of employees in Russia?
- Compensation of employees in Russia was 11.9% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Russia?
- The highest recorded value was 19.7% in 2006.
- What is the lowest compensation of employees recorded in Russia?
- The lowest recorded value was 11.9% in 2020.
- How does Russia rank for compensation of employees?
- Russia ranks 133rd out of 155 countries with data for 2020.
- Is compensation of employees rising or falling in Russia?
- Over the last ten years it is down 26.2%. The long-run trend across the full record is falling.
- Where does this Russia 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.