Compensation of employees (% of expense) in Spain
Spain: Compensation of employees (% of expense) was 5.9% in 2023. ◆ Volatile
Compensation of employees in Spain, 1972–2023
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 Spain is 5.9%, measured in 2023.
That represents a change of down 0.6% on the previous year and down 13.4% over ten years.
Over the whole period, compensation of employees in Spain peaked at 34.1% in 1977 and was at its lowest, 5.9%, in 2021.
That places Spain 152nd out of 155 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Compensation of employees (% of expense) in Spain, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 32.4% | — |
| 1973 | 32.0% | -1.2% |
| 1974 | 31.9% | -0.3% |
| 1975 | 32.0% | +0.2% |
| 1976 | 33.7% | +5.4% |
| 1977 | 34.1% | +1.1% |
| 1978 | 32.7% | -4.1% |
| 1979 | 32.4% | -0.8% |
| 1980 | 33.4% | +2.9% |
| 1981 | 32.1% | -3.7% |
| 1982 | 28.4% | -11.5% |
| 1983 | 26.8% | -6.0% |
| 1984 | 24.7% | -7.5% |
| 1985 | 18.8% | -24.0% |
| 1986 | 17.6% | -6.2% |
| 1987 | 20.2% | +14.3% |
| 1988 | 20.4% | +1.5% |
| 1989 | 20.4% | +0.0% |
| 1990 | 14.2% | -30.3% |
| 1991 | 13.3% | -6.4% |
| 1992 | 12.7% | -5.0% |
| 1993 | 12.1% | -4.3% |
| 1994 | 11.3% | -7.1% |
| 2004 | 7.7% | -31.6% |
| 2005 | 7.9% | +3.3% |
| 2006 | 7.9% | -0.8% |
| 2007 | 7.8% | -1.3% |
| 2008 | 7.7% | -0.8% |
| 2009 | 7.4% | -4.0% |
| 2010 | 7.6% | +2.1% |
| 2011 | 7.5% | -0.2% |
| 2012 | 6.1% | -19.7% |
| 2013 | 6.9% | +13.3% |
| 2014 | 6.9% | +0.0% |
| 2015 | 7.1% | +3.0% |
| 2016 | 6.9% | -2.5% |
| 2017 | 6.8% | -1.8% |
| 2018 | 6.6% | -2.2% |
| 2019 | 6.6% | -0.5% |
| 2020 | 6.0% | -9.5% |
| 2021 | 5.9% | -1.2% |
| 2022 | 6.0% | +1.5% |
| 2023 | 5.9% | -0.6% |
Spain compared with similar countries
- Spain's 5.9% is below the median for high income countries, which is 18.9%, 31% of the median. (56 countries reporting)
- Spain's 5.9% is below the median for Europe & Central Asia, which is 16.4%, 36% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (% of expense) in Spain changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | -31.6% | 11.3% | 7.7% |
| 1990 | -30.3% | 20.4% | 14.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.7% | 31.9% | 34.1% | 8 |
| 1980s | 24.3% | 17.6% | 33.4% | 10 |
| 1990s | 12.7% | 11.3% | 14.2% | 5 |
| 2000s | 7.7% | 7.4% | 7.9% | 6 |
| 2010s | 6.9% | 6.1% | 7.6% | 10 |
| 2020s | 5.9% | 5.9% | 6.0% | 4 |
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Frequently asked questions
- What is compensation of employees in Spain?
- Compensation of employees in Spain was 5.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Spain?
- The highest recorded value was 34.1% in 1977.
- What is the lowest compensation of employees recorded in Spain?
- The lowest recorded value was 5.9% in 2021.
- How does Spain rank for compensation of employees?
- Spain ranks 152nd out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Spain?
- Over the last ten years it is down 13.4%. The long-run trend across the full record is volatile.
- Where does this Spain 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.