Compensation of employees in Andorra
Andorra: Compensation of employees was 219.06 million current LCU in 2024. ▲ Rising
Compensation of employees in Andorra, 2018–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Andorra recorded 219.06 million current LCU for compensation of employees in 2024. That is the highest value across all 7 years on record.
Compared with earlier readings it is up 8.4% on the previous year and up 38.7% over ten years.
That places Andorra 148th out of 156 countries with data for 2024, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 167.07 million current LCU | 157.96 million current LCU | 176.19 million current LCU | 2 |
| 2020s | 188.13 million current LCU | 167.99 million current LCU | 219.06 million current LCU | 5 |
Countries ranked near Andorra
- 145 Saint Vincent and the Grenadines 280.81 million current LCU compare
- 146 East Timor 247.62 million current LCU compare
- 147 Saint Kitts and Nevis 227.90 million current LCU compare
- 149 San Marino 195.21 million current LCU compare
- 150 Tonga 163.46 million current LCU compare
- 151 Kiribati 115.48 million current LCU compare
More public sector data for Andorra
- Tax revenue 15.6% (2024)
- Taxes on income, profits and capital gains 19.4% (2024)
- Taxes on goods and services 22.8% (2024)
- Net investment in nonfinancial assets 1.7% (2024)
- Net lending (+) / net borrowing (-) 2.3% (2024)
- Interest payments 1.5% (2024)
- Grants and other revenue 13.2% (2024)
- Taxes on international trade 10.1% (2024)
- Tax revenue 581.74 million current LCU (2024)
- Revenue, excluding grants 1.11 billion current LCU (2024)
Frequently asked questions
- What is compensation of employees in Andorra?
- Compensation of employees in Andorra was 219.06 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Andorra?
- The highest recorded value was 219.06 million current LCU in 2024.
- What is the lowest compensation of employees recorded in Andorra?
- The lowest recorded value was 157.96 million current LCU in 2018.
- How does Andorra rank for compensation of employees?
- Andorra ranks 148th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Andorra?
- Over the last ten years it is up 38.7%. The long-run trend across the full record is rising.
- Where does this Andorra 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 (current LCU). 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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.