Compensation of employees in Netherlands

Netherlands: Compensation of employees was 37.39 billion current LCU in 2024. ▲ Rising

Latest (2024)
37.39 billion current LCU
Change on year
up 14.0%
World rank
86th
of 156 countries
All-time high
37.39 billion current LCU
in 2024
All-time low
4.85 billion current LCU
in 1974
Years of data
51
1974–2024

Compensation of employees in Netherlands, 1974–2024

010.0B20.0B30.0B40.0B197419992024

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

Analysis

Netherlands recorded 37.39 billion current LCU for compensation of employees in 2024. That is the highest value across all 51 years on record.

Compared with earlier readings it is up 14.0% on the previous year and up 73.4% over ten years.

Over the whole period, compensation of employees in Netherlands peaked at 37.39 billion current LCU in 2024 and was at its lowest, 4.85 billion current LCU, in 1974.

Netherlands ranks 86th of 156 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 51 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.56 billion current LCU 4.85 billion current LCU 8.19 billion current LCU 6
1980s 9.53 billion current LCU 8.68 billion current LCU 10.49 billion current LCU 10
1990s 11.56 billion current LCU 10.78 billion current LCU 13.01 billion current LCU 10
2000s 15.68 billion current LCU 12.99 billion current LCU 18.22 billion current LCU 10
2010s 21.44 billion current LCU 18.43 billion current LCU 25.33 billion current LCU 10
2020s 30.93 billion current LCU 26.67 billion current LCU 37.39 billion current LCU 5

Countries ranked near Netherlands

  1. 83 Ghana 50.81 billion current LCU compare
  2. 84 North Macedonia 44.57 billion current LCU compare
  3. 85 Guatemala 37.99 billion current LCU compare
  4. 87 New Zealand 35.91 billion current LCU compare
  5. 88 Namibia 35.48 billion current LCU compare
  6. 89 Nicaragua 34.98 billion current LCU compare

See the full ranking of 156 places →

More public sector data for Netherlands

All data for Netherlands →

Frequently asked questions

What is compensation of employees in Netherlands?
Compensation of employees in Netherlands was 37.39 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 Netherlands?
The highest recorded value was 37.39 billion current LCU in 2024.
What is the lowest compensation of employees recorded in Netherlands?
The lowest recorded value was 4.85 billion current LCU in 1974.
How does Netherlands rank for compensation of employees?
Netherlands ranks 86th out of 156 countries with data for 2024.
Is compensation of employees rising or falling in Netherlands?
Over the last ten years it is up 73.4%. The long-run trend across the full record is rising.
Where does this Netherlands 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 — 51 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.