Compensation of employees in Small states
Small states: Compensation of employees was 21.9% in 2022. ▼ Falling
Compensation of employees in Small states, 1991–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Small states recorded 21.9% for compensation of employees in 2022. That is the lowest value across all 29 years on record.
That represents a change of down 18.7% on the previous year and down 13.0% over ten years.
Over the whole period, compensation of employees in Small states peaked at 38.2% in 2000 and was at its lowest, 21.9%, in 2022.
Small states ranks 24th of 39 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Compensation of employees in Small states, year by year
| Year | % of expense | Change |
|---|---|---|
| 1991 | 24.8% | — |
| 1995 | 32.4% | +30.4% |
| 1996 | 30.6% | -5.3% |
| 1997 | 29.7% | -3.1% |
| 1998 | 29.4% | -0.9% |
| 1999 | 37.8% | +28.4% |
| 2000 | 38.2% | +1.3% |
| 2001 | 36.9% | -3.6% |
| 2002 | 38.0% | +3.2% |
| 2003 | 37.1% | -2.3% |
| 2004 | 34.2% | -7.8% |
| 2005 | 32.9% | -3.9% |
| 2006 | 33.3% | +1.1% |
| 2007 | 33.2% | -0.3% |
| 2008 | 32.6% | -1.8% |
| 2009 | 33.7% | +3.5% |
| 2010 | 28.5% | -15.5% |
| 2011 | 32.5% | +14.1% |
| 2012 | 25.1% | -22.6% |
| 2013 | 27.1% | +7.8% |
| 2014 | 24.5% | -9.6% |
| 2015 | 28.5% | +16.5% |
| 2016 | 30.7% | +7.8% |
| 2017 | 30.2% | -1.8% |
| 2018 | 29.6% | -1.9% |
| 2019 | 30.2% | +2.1% |
| 2020 | 27.9% | -7.9% |
| 2021 | 26.9% | -3.5% |
| 2022 | 21.9% | -18.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.8% | 24.8% | 37.8% | 6 |
| 2000s | 35.0% | 32.6% | 38.2% | 10 |
| 2010s | 28.7% | 24.5% | 32.5% | 10 |
| 2020s | 25.5% | 21.9% | 27.9% | 3 |
Countries ranked near Small states
- 21 Somalia 42.0% compare
- 22 Paraguay 41.5% compare
- 23 El Salvador 40.9% compare
- 24 Burkina Faso 40.7% compare
- 25 Bhutan 40.4% compare
- 26 Saint Lucia 40.4% compare
- 27 Cape Verde 39.9% compare
More public sector data for Small states
- Arms imports 162.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 8.25 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 162.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per square kilometre 215.46 SIPRI trend indicator values per square kilometre (2021)
- Tax revenue 20.5% (2019)
- Taxes on income, profits and capital gains 24.1% (2022)
- Taxes on goods and services 33.4% (2022)
- Net investment in nonfinancial assets 3.0% (2019)
- Net lending (+) / net borrowing (-) -2.2% (2019)
- Interest payments 1.8% (2022)
Frequently asked questions
- What is compensation of employees in Small states?
- Compensation of employees in Small states was 21.9% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Small states?
- The highest recorded value was 38.2% in 2000.
- What is the lowest compensation of employees recorded in Small states?
- The lowest recorded value was 21.9% in 2022.
- How does Small states rank for compensation of employees?
- Small states ranks 24th out of 39 groups with data for 2022.
- Is compensation of employees rising or falling in Small states?
- Over the last ten years it is down 13.0%. The long-run trend across the full record is falling.
- Where does this Small states 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.