Compensation of employees (% of expense) in Saint Lucia
Saint Lucia: Compensation of employees (% of expense) was 40.4% in 2017. ▼ Falling
Compensation of employees in Saint Lucia, 2000–2017
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 Saint Lucia is 40.4%, measured in 2017. That is the lowest value across all 18 years on record.
Compared with earlier readings it is down 7.6% on the previous year and down 22.8% over ten years.
Over the whole period, compensation of employees in Saint Lucia peaked at 54.8% in 2000 and was at its lowest, 40.4%, in 2017.
That places Saint Lucia 26th out of 155 countries with data for 2017, putting it in the top quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Compensation of employees (% of expense) in Saint Lucia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2000 | 54.8% | — |
| 2001 | 53.2% | -2.9% |
| 2002 | 52.1% | -2.2% |
| 2003 | 47.3% | -9.2% |
| 2004 | 46.3% | -2.0% |
| 2005 | 46.4% | +0.2% |
| 2006 | 52.6% | +13.5% |
| 2007 | 52.3% | -0.6% |
| 2008 | 45.9% | -12.2% |
| 2009 | 46.7% | +1.6% |
| 2010 | 46.6% | -0.3% |
| 2011 | 46.4% | -0.4% |
| 2012 | 43.5% | -6.2% |
| 2013 | 44.0% | +1.1% |
| 2014 | 43.0% | -2.3% |
| 2015 | 42.3% | -1.6% |
| 2016 | 43.7% | +3.4% |
| 2017 | 40.4% | -7.6% |
Saint Lucia compared with similar countries
- Saint Lucia's 40.4% is above the median for upper middle income countries, which is 26.6%, 1.5× the median. (47 countries reporting)
- Saint Lucia's 40.4% is above the median for Latin America & Caribbean, which is 32.0%, 1.3× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.8% | 45.9% | 54.8% | 10 |
| 2010s | 43.7% | 40.4% | 46.6% | 8 |
Countries ranked near Saint Lucia
- 23 El Salvador 40.9% compare
- 24 Burkina Faso 40.7% compare
- 25 Bhutan 40.4% compare
- 27 Cape Verde 39.9% compare
- 28 Iran 39.8% compare
- 29 Bahrain 39.5% compare
More public sector data for Saint Lucia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Tax revenue 18.2% (2017)
- Capital stock, General government, Current prices, Domestic currency 4.54 (2019)
- Taxes on income, profits and capital gains 22.7% (2017)
- Capital stock, General government, Constant prices, Percent of GDP 79.09 (2019)
Frequently asked questions
- What is compensation of employees in Saint Lucia?
- Compensation of employees in Saint Lucia was 40.4% in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Saint Lucia?
- The highest recorded value was 54.8% in 2000.
- What is the lowest compensation of employees recorded in Saint Lucia?
- The lowest recorded value was 40.4% in 2017.
- How does Saint Lucia rank for compensation of employees?
- Saint Lucia ranks 26th out of 155 countries with data for 2017.
- Is compensation of employees rising or falling in Saint Lucia?
- Over the last ten years it is down 22.8%. The long-run trend across the full record is falling.
- Where does this Saint Lucia 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.