Compensation of employees in Somalia
Somalia: Compensation of employees was 42.0% in 2023. ▼ Falling
Compensation of employees in Somalia, 2017–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Somalia recorded 42.0% for compensation of employees in 2023. That is the lowest value across all 5 years on record.
The figure is down 11.1% on the previous year and down 22.5% over ten years.
That places Somalia 21st out of 155 countries with data for 2023, putting it in the top quarter.
Compensation of employees in Somalia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2017 | 54.3% | — |
| 2018 | 55.6% | +2.5% |
| 2019 | 54.2% | -2.6% |
| 2020 | 47.3% | -12.7% |
| 2023 | 42.0% | -11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 54.7% | 54.2% | 55.6% | 3 |
| 2020s | 44.7% | 42.0% | 47.3% | 2 |
Countries ranked near Somalia
- 18 Lesotho 44.7% compare
- 19 Kyrgyzstan 43.6% compare
- 20 Mali 43.3%
- 22 Paraguay 41.5% compare
- 23 El Salvador 40.9% compare
- 24 Burkina Faso 40.7% compare
More public sector data for Somalia
- Arms imports 4.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.2104 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 4.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 10.62 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0169 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 43.19 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 201.85 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 6.38 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Somalia?
- Compensation of employees in Somalia was 42.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Somalia?
- The highest recorded value was 55.6% in 2018.
- What is the lowest compensation of employees recorded in Somalia?
- The lowest recorded value was 42.0% in 2023.
- How does Somalia rank for compensation of employees?
- Somalia ranks 21st out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Somalia?
- Over the last ten years it is down 22.5%. The long-run trend across the full record is falling.
- Where does this Somalia 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.