Compensation of employees in South Asia
South Asia: Compensation of employees was 18.6% in 2022. ▲ Rising
Compensation of employees in South Asia, 1990–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
South Asia recorded 18.6% for compensation of employees in 2022.
That represents a change of down 8.2% on the previous year and down 19.0% over ten years.
Over the whole period, compensation of employees in South Asia peaked at 24.8% in 2007 and was at its lowest, 14.9%, in 1991.
That places South Asia 32nd out of 41 groups with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Compensation of employees in South Asia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 15.5% | — |
| 1991 | 14.9% | -3.9% |
| 1992 | 15.7% | +5.1% |
| 1993 | 16.4% | +4.7% |
| 1994 | 15.2% | -7.1% |
| 1995 | 15.0% | -1.4% |
| 1996 | 15.0% | -0.4% |
| 1997 | 16.9% | +12.7% |
| 1998 | 17.9% | +6.2% |
| 1999 | 17.9% | +0.1% |
| 2000 | 17.0% | -5.3% |
| 2001 | 23.3% | +37.1% |
| 2002 | 24.5% | +5.2% |
| 2003 | 24.6% | +0.4% |
| 2004 | 24.5% | -0.3% |
| 2005 | 23.2% | -5.3% |
| 2006 | 23.8% | +2.5% |
| 2007 | 24.8% | +4.3% |
| 2008 | 20.6% | -17.0% |
| 2009 | 18.9% | -8.2% |
| 2010 | 24.5% | +29.3% |
| 2011 | 24.6% | +0.5% |
| 2012 | 23.0% | -6.3% |
| 2013 | 23.0% | -0.1% |
| 2014 | 24.4% | +6.2% |
| 2015 | 23.8% | -2.3% |
| 2016 | 24.6% | +3.2% |
| 2017 | 24.8% | +0.8% |
| 2018 | 21.0% | -15.3% |
| 2019 | 23.0% | +9.6% |
| 2020 | 22.4% | -2.5% |
| 2021 | 20.3% | -9.5% |
| 2022 | 18.6% | -8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.0% | 14.9% | 17.9% | 10 |
| 2000s | 22.5% | 17.0% | 24.8% | 10 |
| 2010s | 23.7% | 21.0% | 24.8% | 10 |
| 2020s | 20.5% | 18.6% | 22.4% | 3 |
Countries ranked near South Asia
More public sector data for South Asia
- Arms imports 1.26 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.7506 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 -19.55 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.26 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 54.8 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0211 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.84 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 91.92 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 467.61 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in South Asia?
- Compensation of employees in South Asia was 18.6% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in South Asia?
- The highest recorded value was 24.8% in 2007.
- What is the lowest compensation of employees recorded in South Asia?
- The lowest recorded value was 14.9% in 1991.
- How does South Asia rank for compensation of employees?
- South Asia ranks 32nd out of 41 groups with data for 2022.
- Is compensation of employees rising or falling in South Asia?
- Over the last ten years it is down 19.0%. The long-run trend across the full record is rising.
- Where does this South Asia 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.