Compensation of employees in Argentina
Argentina: Compensation of employees was 13.07 trillion current LCU in 2024. ◆ Volatile
Compensation of employees in Argentina, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, compensation of employees in Argentina stood at 13.07 trillion current LCU. That is the highest value across all 26 years on record.
The figure is up 150.5% on the previous year and up 8,926.0% over ten years.
Over the whole period, compensation of employees in Argentina peaked at 13.07 trillion current LCU in 2024 and was at its lowest, 1.71 billion current LCU, in 1990.
That places Argentina 10th out of 156 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.91 billion current LCU | 1.71 billion current LCU | 7.22 billion current LCU | 10 |
| 2000s | 7.73 billion current LCU | 6.50 billion current LCU | 9.42 billion current LCU | 5 |
| 2010s | 315.78 billion current LCU | 144.83 billion current LCU | 552.19 billion current LCU | 6 |
| 2020s | 4.44 trillion current LCU | 708.12 billion current LCU | 13.07 trillion current LCU | 5 |
Countries ranked near Argentina
More public sector data for Argentina
- Arms imports 43.00 million SIPRI trend indicator values (2024)
- Tax revenue 10.4% (2024)
- Taxes on income, profits and capital gains 9.1% (2024)
- Taxes on goods and services 31.8% (2024)
- Net investment in nonfinancial assets 0.1% (2024)
- Net lending (+) / net borrowing (-) 0.1% (2024)
- Interest payments 8.5% (2024)
- Grants and other revenue 8.3% (2024)
- Interest payments 7.3% (2023)
- Other taxes 5.9% (2024)
Frequently asked questions
- What is compensation of employees in Argentina?
- Compensation of employees in Argentina was 13.07 trillion 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 Argentina?
- The highest recorded value was 13.07 trillion current LCU in 2024.
- What is the lowest compensation of employees recorded in Argentina?
- The lowest recorded value was 1.71 billion current LCU in 1990.
- How does Argentina rank for compensation of employees?
- Argentina ranks 10th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Argentina?
- Over the last ten years it is up 8,926.0%. The long-run trend across the full record is volatile.
- Where does this Argentina 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.