Compensation of employees in Austria
Austria: Compensation of employees was 24.30 billion current LCU in 2024. ▲ Rising
Compensation of employees in Austria, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, compensation of employees in Austria stood at 24.30 billion current LCU. That is the highest value across all 53 years on record.
That represents a change of up 9.7% on the previous year and up 50.3% over ten years.
Over the whole period, compensation of employees in Austria peaked at 24.30 billion current LCU in 2024 and was at its lowest, 2.72 billion current LCU, in 1973.
Austria ranks 95th of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.97 billion current LCU | 2.72 billion current LCU | 5.38 billion current LCU | 8 |
| 1980s | 7.72 billion current LCU | 5.74 billion current LCU | 9.37 billion current LCU | 10 |
| 1990s | 7.81 billion current LCU | 4.97 billion current LCU | 10.48 billion current LCU | 10 |
| 2000s | 12.41 billion current LCU | 10.64 billion current LCU | 14.91 billion current LCU | 10 |
| 2010s | 16.69 billion current LCU | 15.11 billion current LCU | 18.85 billion current LCU | 10 |
| 2020s | 21.25 billion current LCU | 19.29 billion current LCU | 24.30 billion current LCU | 5 |
Countries ranked near Austria
More public sector data for Austria
- Arms imports 13.00 million SIPRI trend indicator values (2024)
- Tax revenue 25.8% (2024)
- Taxes on income, profits and capital gains 28.2% (2024)
- Taxes on goods and services 25.0% (2024)
- Net investment in nonfinancial assets 2.3% (2024)
- Net lending (+) / net borrowing (-) -3.6% (2024)
- Interest payments 3.1% (2024)
- Grants and other revenue 9.2% (2024)
- Interest payments 2.5% (2023)
- Other taxes 3.4% (2024)
Frequently asked questions
- What is compensation of employees in Austria?
- Compensation of employees in Austria was 24.30 billion 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 Austria?
- The highest recorded value was 24.30 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Austria?
- The lowest recorded value was 2.72 billion current LCU in 1973.
- How does Austria rank for compensation of employees?
- Austria ranks 95th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Austria?
- Over the last ten years it is up 50.3%. The long-run trend across the full record is rising.
- Where does this Austria 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.