Compensation of employees in Estonia
Estonia: Compensation of employees was 2.61 billion current LCU in 2024. ◆ Volatile
Compensation of employees in Estonia, 1991–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, compensation of employees in Estonia stood at 2.61 billion current LCU. That is the highest value across all 31 years on record.
That represents a change of up 9.7% on the previous year and up 123.9% over ten years.
Over the whole period, compensation of employees in Estonia peaked at 2.61 billion current LCU in 2024 and was at its lowest, 2.03 million current LCU, in 1991.
That places Estonia 132nd out of 156 countries with data for 2024, putting it in the bottom quarter.
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 | 257.33 million current LCU | 2.03 million current LCU | 425.69 million current LCU | 6 |
| 2000s | 643.32 million current LCU | 391.69 million current LCU | 1.01 billion current LCU | 10 |
| 2010s | 1.22 billion current LCU | 910.79 million current LCU | 1.65 billion current LCU | 10 |
| 2020s | 2.13 billion current LCU | 1.76 billion current LCU | 2.61 billion current LCU | 5 |
Countries ranked near Estonia
More public sector data for Estonia
- Arms imports 63.00 million SIPRI trend indicator values (2024)
- Tax revenue 22.7% (2024)
- Taxes on income, profits and capital gains 22.3% (2024)
- Taxes on goods and services 34.4% (2024)
- Net investment in nonfinancial assets 5.3% (2024)
- Net lending (+) / net borrowing (-) -1.3% (2024)
- Interest payments 1.4% (2024)
- Grants and other revenue 11.9% (2024)
- Interest payments 1.0% (2023)
- Other taxes 0.3% (1995)
Frequently asked questions
- What is compensation of employees in Estonia?
- Compensation of employees in Estonia was 2.61 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 Estonia?
- The highest recorded value was 2.61 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Estonia?
- The lowest recorded value was 2.03 million current LCU in 1991.
- How does Estonia rank for compensation of employees?
- Estonia ranks 132nd out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Estonia?
- Over the last ten years it is up 123.9%. The long-run trend across the full record is volatile.
- Where does this Estonia 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.