Compensation of employees in Czechia
Czechia: Compensation of employees was 326.16 billion current LCU in 2024. ▲ Rising
Compensation of employees in Czechia, 1993–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for compensation of employees in Czechia is 326.16 billion current LCU, measured in 2024. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 4.7% on the previous year and up 86.0% over ten years.
Over the whole period, compensation of employees in Czechia peaked at 326.16 billion current LCU in 2024 and was at its lowest, 30.38 billion current LCU, in 1993.
Czechia ranks 51st of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 73.82 billion current LCU | 30.38 billion current LCU | 104.71 billion current LCU | 7 |
| 2000s | 139.13 billion current LCU | 103.10 billion current LCU | 171.96 billion current LCU | 10 |
| 2010s | 193.65 billion current LCU | 162.02 billion current LCU | 259.00 billion current LCU | 10 |
| 2020s | 299.65 billion current LCU | 278.00 billion current LCU | 326.16 billion current LCU | 5 |
Countries ranked near Czechia
More public sector data for Czechia
- Arms imports 50.00 million SIPRI trend indicator values (2024)
- Tax revenue 18.6% (2024)
- Taxes on income, profits and capital gains 21.9% (2024)
- Taxes on goods and services 27.9% (2024)
- Net investment in nonfinancial assets 2.6% (2024)
- Net lending (+) / net borrowing (-) -2.8% (2024)
- Interest payments 3.5% (2024)
- Grants and other revenue 8.0% (2024)
- Interest payments 3.1% (2022)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is compensation of employees in Czechia?
- Compensation of employees in Czechia was 326.16 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 Czechia?
- The highest recorded value was 326.16 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Czechia?
- The lowest recorded value was 30.38 billion current LCU in 1993.
- How does Czechia rank for compensation of employees?
- Czechia ranks 51st out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Czechia?
- Over the last ten years it is up 86.0%. The long-run trend across the full record is rising.
- Where does this Czechia 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.