Compensation of employees in Cape Verde
Cape Verde: Compensation of employees was 21.70 billion current LCU in 2020. ▲ Rising
Compensation of employees in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Cape Verde recorded 21.70 billion current LCU for compensation of employees in 2020. That is the highest value across all 16 years on record.
That represents a change of up 3.2% on the previous year and up 92.1% over ten years.
Over the whole period, compensation of employees in Cape Verde peaked at 21.70 billion current LCU in 2020 and was at its lowest, 8.90 billion current LCU, in 2005.
That places Cape Verde 100th out of 156 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.72 billion current LCU | 8.90 billion current LCU | 10.87 billion current LCU | 5 |
| 2010s | 14.06 billion current LCU | 11.30 billion current LCU | 21.03 billion current LCU | 10 |
| 2020s | 21.70 billion current LCU | 21.70 billion current LCU | 21.70 billion current LCU | 1 |
Countries ranked near Cape Verde
More public sector data for Cape Verde
- Arms imports 3.00 million SIPRI trend indicator values (2019)
- Tax revenue 18.4% (2020)
- Taxes on income, profits and capital gains 22.7% (2020)
- Taxes on goods and services 36.2% (2020)
- Net investment in nonfinancial assets 3.4% (2020)
- Net lending (+) / net borrowing (-) -9.4% (2020)
- Interest payments 10.9% (2020)
- Grants and other revenue 25.9% (2020)
- Interest payments 8.8% (2020)
- Compensation of employees 39.9% (2020)
Frequently asked questions
- What is compensation of employees in Cape Verde?
- Compensation of employees in Cape Verde was 21.70 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Cape Verde?
- The highest recorded value was 21.70 billion current LCU in 2020.
- What is the lowest compensation of employees recorded in Cape Verde?
- The lowest recorded value was 8.90 billion current LCU in 2005.
- How does Cape Verde rank for compensation of employees?
- Cape Verde ranks 100th out of 156 countries with data for 2020.
- Is compensation of employees rising or falling in Cape Verde?
- Over the last ten years it is up 92.1%. The long-run trend across the full record is rising.
- Where does this Cape Verde 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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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.