Compensation of employees in Kuwait
Kuwait: Compensation of employees was 2.47 billion current LCU in 2006. ◆ Volatile
Compensation of employees in Kuwait, 1972–2006
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2006, compensation of employees in Kuwait stood at 2.47 billion current LCU. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 16.1% on the previous year and up 106.3% over ten years.
Over the whole period, compensation of employees in Kuwait peaked at 2.47 billion current LCU in 2006 and was at its lowest, 129.00 million current LCU, in 1972.
Kuwait ranks 133rd of 156 countries on this measure, 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 |
|---|---|---|---|---|
| 1970s | 229.33 million current LCU | 129.00 million current LCU | 328.00 million current LCU | 6 |
| 1980s | 698.70 million current LCU | 478.00 million current LCU | 918.00 million current LCU | 10 |
| 1990s | 1.08 billion current LCU | 404.00 million current LCU | 1.40 billion current LCU | 9 |
| 2000s | 1.95 billion current LCU | 1.64 billion current LCU | 2.47 billion current LCU | 6 |
Countries ranked near Kuwait
More public sector data for Kuwait
- Arms imports 503.00 million SIPRI trend indicator values (2024)
- Tax revenue 1.5% (1998)
- Taxes on income, profits and capital gains 0.8% (1998)
- Taxes on goods and services 0.0% (1998)
- Net investment in nonfinancial assets 2.8% (1998)
- Net lending (+) / net borrowing (-) -5.6% (1998)
- Interest payments 3.9% (1998)
- Grants and other revenue 96.6% (1998)
- Interest payments 0.1% (2006)
- Other taxes 0.1% (1998)
Frequently asked questions
- What is compensation of employees in Kuwait?
- Compensation of employees in Kuwait was 2.47 billion current LCU in 2006, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Kuwait?
- The highest recorded value was 2.47 billion current LCU in 2006.
- What is the lowest compensation of employees recorded in Kuwait?
- The lowest recorded value was 129.00 million current LCU in 1972.
- How does Kuwait rank for compensation of employees?
- Kuwait ranks 133rd out of 156 countries with data for 2006.
- Is compensation of employees rising or falling in Kuwait?
- Over the last ten years it is up 106.3%. The long-run trend across the full record is volatile.
- Where does this Kuwait 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.