Compensation of employees in Kenya

Kenya: Compensation of employees was 770.30 billion current LCU in 2023. ▲ Rising

Latest (2023)
770.30 billion current LCU
Change on year
up 9.0%
World rank
36th
of 156 countries
All-time high
770.30 billion current LCU
in 2023
All-time low
438.47 billion current LCU
in 2014
Years of data
10
2014–2023

Compensation of employees in Kenya, 2014–2023

0200.0B400.0B600.0B800.0B2014201820232014: 438.5B current LCU2015: 466.9B current LCU2016: 507.3B current LCU2017: 545.0B current LCU2018: 634.0B current LCU2019: 695.8B current LCU2020: 736.1B current LCU2021: 646.5B current LCU2022: 706.8B current LCU2023: 770.3B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

Kenya recorded 770.30 billion current LCU for compensation of employees in 2023. That is the highest value across all 10 years on record.

The figure is up 9.0% on the previous year and up 75.7% over ten years.

Over the whole period, compensation of employees in Kenya peaked at 770.30 billion current LCU in 2023 and was at its lowest, 438.47 billion current LCU, in 2014.

Kenya ranks 36th of 156 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 547.92 billion current LCU 438.47 billion current LCU 695.85 billion current LCU 6
2020s 714.92 billion current LCU 646.48 billion current LCU 770.30 billion current LCU 4

Countries ranked near Kenya

  1. 33 Burkina Faso 1.07 trillion current LCU compare
  2. 34 Sri Lanka 939.50 billion current LCU compare
  3. 35 Thailand 855.29 billion current LCU compare
  4. 37 Mexico 729.55 billion current LCU compare
  5. 38 Gabon 682.39 billion current LCU compare
  6. 39 Mali 631.06 billion current LCU compare

See the full ranking of 156 places →

More public sector data for Kenya

All data for Kenya →

Frequently asked questions

What is compensation of employees in Kenya?
Compensation of employees in Kenya was 770.30 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest compensation of employees recorded in Kenya?
The highest recorded value was 770.30 billion current LCU in 2023.
What is the lowest compensation of employees recorded in Kenya?
The lowest recorded value was 438.47 billion current LCU in 2014.
How does Kenya rank for compensation of employees?
Kenya ranks 36th out of 156 countries with data for 2023.
Is compensation of employees rising or falling in Kenya?
Over the last ten years it is up 75.7%. The long-run trend across the full record is rising.
Where does this Kenya 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.

Download this data

CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.