Compensation of employees in India
India: Compensation of employees was 4.32 trillion current LCU in 2022. ◆ Volatile
Compensation of employees in India, 1974–2022
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 India is 4.32 trillion current LCU, measured in 2022. That is the highest value across all 46 years on record.
Compared with earlier readings it is up 211.7% over ten years.
Over the whole period, compensation of employees in India peaked at 4.32 trillion current LCU in 2022 and was at its lowest, 16.20 billion current LCU, in 1974.
That places India 21st out of 156 countries with data for 2022, putting it in the top 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 |
|---|---|---|---|---|
| 1970s | 19.00 billion current LCU | 16.20 billion current LCU | 21.68 billion current LCU | 6 |
| 1980s | 53.24 billion current LCU | 24.58 billion current LCU | 90.82 billion current LCU | 10 |
| 1990s | 186.20 billion current LCU | 99.70 billion current LCU | 321.58 billion current LCU | 10 |
| 2000s | 532.27 billion current LCU | 332.29 billion current LCU | 1.14 trillion current LCU | 10 |
| 2010s | 1.79 trillion current LCU | 1.12 trillion current LCU | 2.67 trillion current LCU | 9 |
| 2020s | 4.32 trillion current LCU | 4.32 trillion current LCU | 4.32 trillion current LCU | 1 |
Countries ranked near India
More public sector data for India
- Arms imports 1.17 billion SIPRI trend indicator values (2024)
- Tax revenue 6.9% (2022)
- Taxes on income, profits and capital gains 34.8% (2022)
- Taxes on goods and services 32.6% (2022)
- Net investment in nonfinancial assets 0.9% (2022)
- Net lending (+) / net borrowing (-) -5.3% (2022)
- Interest payments 34.0% (2022)
- Grants and other revenue 26.0% (2022)
- Interest payments 23.2% (2022)
- Other taxes 1.0% (2022)
Frequently asked questions
- What is compensation of employees in India?
- Compensation of employees in India was 4.32 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in India?
- The highest recorded value was 4.32 trillion current LCU in 2022.
- What is the lowest compensation of employees recorded in India?
- The lowest recorded value was 16.20 billion current LCU in 1974.
- How does India rank for compensation of employees?
- India ranks 21st out of 156 countries with data for 2022.
- Is compensation of employees rising or falling in India?
- Over the last ten years it is up 211.7%. The long-run trend across the full record is volatile.
- Where does this India 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 — 46 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.