Compensation of employees in World
World: Compensation of employees was 19.1% in 2022. ▬ Flat
Compensation of employees in World, 2001–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
World recorded 19.1% for compensation of employees in 2022. That is the lowest value across all 22 years on record.
The figure is down 7.7% on the previous year and down 18.8% over ten years.
Over the whole period, compensation of employees in World peaked at 24.1% in 2007 and was at its lowest, 19.1%, in 2022.
World ranks 30th of 39 groups on this measure, in the bottom quarter.
Compensation of employees in World, year by year
| Year | % of expense | Change |
|---|---|---|
| 2001 | 20.8% | — |
| 2002 | 21.1% | +1.4% |
| 2003 | 20.9% | -0.7% |
| 2004 | 21.1% | +0.8% |
| 2005 | 22.7% | +7.4% |
| 2006 | 22.4% | -1.1% |
| 2007 | 24.1% | +7.7% |
| 2008 | 21.3% | -11.8% |
| 2009 | 22.4% | +5.1% |
| 2010 | 23.1% | +3.1% |
| 2011 | 22.9% | -0.6% |
| 2012 | 23.5% | +2.2% |
| 2013 | 21.6% | -8.0% |
| 2014 | 22.8% | +5.6% |
| 2015 | 23.8% | +4.7% |
| 2016 | 24.1% | +0.9% |
| 2017 | 23.3% | -2.9% |
| 2018 | 23.4% | +0.2% |
| 2019 | 23.6% | +1.0% |
| 2020 | 21.9% | -7.4% |
| 2021 | 20.6% | -5.7% |
| 2022 | 19.1% | -7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.9% | 20.8% | 24.1% | 9 |
| 2010s | 23.2% | 21.6% | 24.1% | 10 |
| 2020s | 20.5% | 19.1% | 21.9% | 3 |
Countries ranked near World
More public sector data for World
- Arms imports 28.82 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.54 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 -2.86 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 28.82 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 325.74 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0237 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 11.18 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.65 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 228.6 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in World?
- Compensation of employees in World was 19.1% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in World?
- The highest recorded value was 24.1% in 2007.
- What is the lowest compensation of employees recorded in World?
- The lowest recorded value was 19.1% in 2022.
- How does World rank for compensation of employees?
- World ranks 30th out of 39 groups with data for 2022.
- Is compensation of employees rising or falling in World?
- Over the last ten years it is down 18.8%. The long-run trend across the full record is flat.
- Where does this World 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.