Compensation of employees in Saint Kitts and Nevis
Saint Kitts and Nevis: Compensation of employees was 35.7% in 2020. ▼ Falling
Compensation of employees in Saint Kitts and Nevis, 1990–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Saint Kitts and Nevis recorded 35.7% for compensation of employees in 2020.
Compared with earlier readings it is down 20.3% on the previous year and down 15.3% over ten years.
Over the whole period, compensation of employees in Saint Kitts and Nevis peaked at 51.7% in 1992 and was at its lowest, 32.0%, in 2016.
That places Saint Kitts and Nevis 42nd out of 155 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Compensation of employees in Saint Kitts and Nevis, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 47.0% | — |
| 1991 | 50.2% | +6.7% |
| 1992 | 51.7% | +2.9% |
| 1993 | 49.2% | -4.8% |
| 2000 | 46.4% | -5.7% |
| 2001 | 45.7% | -1.6% |
| 2002 | 50.6% | +10.8% |
| 2003 | 51.1% | +0.8% |
| 2004 | 50.3% | -1.5% |
| 2005 | 48.6% | -3.3% |
| 2006 | 48.1% | -1.2% |
| 2007 | 49.9% | +3.8% |
| 2008 | 39.6% | -20.7% |
| 2009 | 42.9% | +8.4% |
| 2010 | 42.2% | -1.7% |
| 2011 | 37.3% | -11.5% |
| 2012 | 40.7% | +9.0% |
| 2013 | 42.3% | +3.9% |
| 2014 | 41.5% | -1.9% |
| 2015 | 40.3% | -2.7% |
| 2016 | 32.0% | -20.6% |
| 2017 | 44.8% | +40.0% |
| 2020 | 35.7% | -20.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 49.5% | 47.0% | 51.7% | 4 |
| 2000s | 47.3% | 39.6% | 51.1% | 10 |
| 2010s | 40.1% | 32.0% | 44.8% | 8 |
| 2020s | 35.7% | 35.7% | 35.7% | 1 |
Countries ranked near Saint Kitts and Nevis
More public sector data for Saint Kitts and Nevis
- Tax revenue 15.0% (2020)
- Capital stock, General government, Current prices, Domestic currency 2.15 (2019)
- Taxes on income, profits and capital gains 15.5% (2020)
- Capital stock, General government, Constant prices, Percent of GDP 89.02 (2019)
- Capital stock, General government, Constant prices, Purchasing power 1.04 (2019)
- Taxes on goods and services 21.0% (2020)
- Net investment in nonfinancial assets 5.1% (2020)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) -2.3% (2020)
Frequently asked questions
- What is compensation of employees in Saint Kitts and Nevis?
- Compensation of employees in Saint Kitts and Nevis was 35.7% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Saint Kitts and Nevis?
- The highest recorded value was 51.7% in 1992.
- What is the lowest compensation of employees recorded in Saint Kitts and Nevis?
- The lowest recorded value was 32.0% in 2016.
- How does Saint Kitts and Nevis rank for compensation of employees?
- Saint Kitts and Nevis ranks 42nd out of 155 countries with data for 2020.
- Is compensation of employees rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is down 15.3%. The long-run trend across the full record is falling.
- Where does this Saint Kitts and Nevis 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.