Compensation of employees in Ethiopia

Ethiopia: Compensation of employees was 80.55 billion current LCU in 2024. ◆ Volatile

Latest (2024)
80.55 billion current LCU
Change on year
up 1.7%
World rank
75th
of 156 countries
All-time high
80.55 billion current LCU
in 2024
All-time low
1.49 billion current LCU
in 1992
Years of data
34
1990–2024

Compensation of employees in Ethiopia, 1990–2024

020.0B40.0B60.0B80.0B1990200720241990: 2.0B current LCU1991: 2.1B current LCU1992: 1.5B current LCU1993: 1.9B current LCU1994: 2.1B current LCU1995: 2.3B current LCU1996: 2.5B current LCU1997: 2.2B current LCU1998: 2.2B current LCU1999: 2.3B current LCU2001: 2.3B current LCU2002: 1.9B current LCU2003: 2.0B current LCU2004: 1.9B current LCU2005: 2.0B current LCU2006: 2.7B current LCU2007: 3.7B current LCU2008: 5.1B current LCU2009: 6.1B current LCU2010: 7.0B current LCU2011: 7.0B current LCU2012: 6.5B current LCU2013: 8.3B current LCU2014: 10.0B current LCU2015: 14.6B current LCU2016: 16.6B current LCU2017: 22.9B current LCU2018: 28.0B current LCU2019: 31.6B current LCU2020: 38.8B current LCU2021: 47.2B current LCU2022: 63.5B current LCU2023: 79.2B current LCU2024: 80.5B current LCU

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 Ethiopia is 80.55 billion current LCU, measured in 2024. That is the highest value across all 34 years on record.

The figure is up 1.7% on the previous year and up 705.4% over ten years.

Over the whole period, compensation of employees in Ethiopia peaked at 80.55 billion current LCU in 2024 and was at its lowest, 1.49 billion current LCU, in 1992.

Ethiopia ranks 75th of 156 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.09 billion current LCU 1.49 billion current LCU 2.46 billion current LCU 10
2000s 3.08 billion current LCU 1.86 billion current LCU 6.15 billion current LCU 9
2010s 15.23 billion current LCU 6.49 billion current LCU 31.57 billion current LCU 10
2020s 61.85 billion current LCU 38.81 billion current LCU 80.55 billion current LCU 5

Countries ranked near Ethiopia

  1. 72 Denmark 108.79 billion current LCU compare
  2. 73 Malaysia 95.94 billion current LCU compare
  3. 74 Central African Republic 81.21 billion current LCU compare
  4. 76 Germany 79.75 billion current LCU compare
  5. 77 Guinea-Bissau 73.60 billion current LCU compare
  6. 78 Honduras 68.04 billion current LCU compare

See the full ranking of 156 places →

More public sector data for Ethiopia

All data for Ethiopia →

Frequently asked questions

What is compensation of employees in Ethiopia?
Compensation of employees in Ethiopia was 80.55 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 Ethiopia?
The highest recorded value was 80.55 billion current LCU in 2024.
What is the lowest compensation of employees recorded in Ethiopia?
The lowest recorded value was 1.49 billion current LCU in 1992.
How does Ethiopia rank for compensation of employees?
Ethiopia ranks 75th out of 156 countries with data for 2024.
Is compensation of employees rising or falling in Ethiopia?
Over the last ten years it is up 705.4%. The long-run trend across the full record is volatile.
Where does this Ethiopia 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

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.