Compensation of employees (% of expense) in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Compensation of employees (% of expense) was 49.8% in 2017. ▬ Flat
Compensation of employees in Saint Vincent and the Grenadines, 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 Vincent and the Grenadines is 49.8%, measured in 2017.
The figure is down 6.8% on the previous year and down 0.1% over ten years.
Over the whole period, compensation of employees in Saint Vincent and the Grenadines peaked at 53.5% in 2016 and was at its lowest, 45.1%, in 2009.
Saint Vincent and the Grenadines ranks 7th of 155 countries on this measure, in the top 10%.
Compensation of employees (% of expense) in Saint Vincent and the Grenadines, year by year
| Year | % of expense | Change |
|---|---|---|
| 2000 | 52.9% | — |
| 2001 | 49.7% | -6.1% |
| 2002 | 50.6% | +1.8% |
| 2003 | 51.1% | +0.8% |
| 2004 | 50.3% | -1.5% |
| 2005 | 49.1% | -2.4% |
| 2006 | 48.2% | -1.8% |
| 2007 | 49.9% | +3.5% |
| 2008 | 48.0% | -3.9% |
| 2009 | 45.1% | -5.9% |
| 2010 | 46.9% | +3.9% |
| 2011 | 46.7% | -0.4% |
| 2012 | 49.7% | +6.4% |
| 2013 | 51.1% | +2.8% |
| 2014 | 51.1% | +0.1% |
| 2015 | 52.4% | +2.6% |
| 2016 | 53.5% | +2.0% |
| 2017 | 49.8% | -6.8% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 49.8% is above the median for upper middle income countries, which is 26.6%, 1.9× the median. (47 countries reporting)
- Saint Vincent and the Grenadines's 49.8% is above the median for Latin America & Caribbean, which is 32.0%, 1.6× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.5% | 45.1% | 52.9% | 10 |
| 2010s | 50.1% | 46.7% | 53.5% | 8 |
Countries ranked near Saint Vincent and the Grenadines
More public sector data for Saint Vincent and the Grenadines
- 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 23.8% (2017)
- Capital stock, General government, Current prices, Domestic currency 2.86 (2019)
- Taxes on income, profits and capital gains 24.7% (2017)
- Capital stock, General government, Constant prices, Percent of GDP 130.28 (2019)
Frequently asked questions
- What is compensation of employees in Saint Vincent and the Grenadines?
- Compensation of employees in Saint Vincent and the Grenadines was 49.8% 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 Vincent and the Grenadines?
- The highest recorded value was 53.5% in 2016.
- What is the lowest compensation of employees recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 45.1% in 2009.
- How does Saint Vincent and the Grenadines rank for compensation of employees?
- Saint Vincent and the Grenadines ranks 7th out of 155 countries with data for 2017.
- Is compensation of employees rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is flat.
- Where does this Saint Vincent and the Grenadines 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.