Compensation of employees in Brazil

Brazil: Compensation of employees was 240.78 billion current LCU in 2024. ▲ Rising

Latest (2024)
240.78 billion current LCU
Change on year
up 3.2%
World rank
56th
of 156 countries
All-time high
240.78 billion current LCU
in 2024
All-time low
112.00 billion current LCU
in 2010
Years of data
15
2010–2024

Compensation of employees in Brazil, 2010–2024

050.0B100.0B150.0B200.0B250.0B2010201720242010: 112.0B current LCU2011: 120.5B current LCU2012: 125.2B current LCU2013: 138.1B current LCU2014: 149.3B current LCU2015: 167.6B current LCU2016: 173.4B current LCU2017: 187.6B current LCU2018: 193.8B current LCU2019: 200.3B current LCU2020: 203.9B current LCU2021: 209.4B current LCU2022: 214.4B current LCU2023: 233.4B current LCU2024: 240.8B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

In 2024, compensation of employees in Brazil stood at 240.78 billion current LCU. That is the highest value across all 15 years on record.

Compared with earlier readings it is up 3.2% on the previous year and up 61.3% over ten years.

Over the whole period, compensation of employees in Brazil peaked at 240.78 billion current LCU in 2024 and was at its lowest, 112.00 billion current LCU, in 2010.

Brazil ranks 56th of 156 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 156.77 billion current LCU 112.00 billion current LCU 200.26 billion current LCU 10
2020s 220.36 billion current LCU 203.88 billion current LCU 240.78 billion current LCU 5

Countries ranked near Brazil

  1. 53 Norway 285.38 billion current LCU compare
  2. 54 Uruguay 282.34 billion current LCU compare
  3. 55 France 247.36 billion current LCU compare
  4. 57 Jamaica 223.00 billion current LCU compare
  5. 58 Mozambique 210.23 billion current LCU compare
  6. 59 Equatorial Guinea 204.65 billion current LCU compare

See the full ranking of 156 places →

More public sector data for Brazil

All data for Brazil →

Frequently asked questions

What is compensation of employees in Brazil?
Compensation of employees in Brazil was 240.78 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 Brazil?
The highest recorded value was 240.78 billion current LCU in 2024.
What is the lowest compensation of employees recorded in Brazil?
The lowest recorded value was 112.00 billion current LCU in 2010.
How does Brazil rank for compensation of employees?
Brazil ranks 56th out of 156 countries with data for 2024.
Is compensation of employees rising or falling in Brazil?
Over the last ten years it is up 61.3%. The long-run trend across the full record is rising.
Where does this Brazil 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.

Download this data

CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Compensation of employees (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,496 data points, 1972–2024
Last refreshed

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.