Compensation of employees in Romania
Romania: Compensation of employees was 142.52 billion current LCU in 2024. ◆ Volatile
Compensation of employees in Romania, 1980–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Romania recorded 142.52 billion current LCU for compensation of employees in 2024. That is the highest value across all 45 years on record.
That represents a change of up 24.7% on the previous year and up 354.7% over ten years.
Over the whole period, compensation of employees in Romania peaked at 142.52 billion current LCU in 2024 and was at its lowest, 564,000 current LCU, in 1980.
That places Romania 68th out of 156 countries with data for 2024, putting it 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.30 million current LCU | 564,000 current LCU | 2.38 million current LCU | 10 |
| 1990s | 869.89 million current LCU | 3.88 million current LCU | 3.98 billion current LCU | 10 |
| 2000s | 17.96 billion current LCU | 5.56 billion current LCU | 35.92 billion current LCU | 10 |
| 2010s | 43.18 billion current LCU | 27.03 billion current LCU | 86.16 billion current LCU | 10 |
| 2020s | 107.52 billion current LCU | 90.55 billion current LCU | 142.52 billion current LCU | 5 |
Countries ranked near Romania
More public sector data for Romania
- Arms imports 278.00 million SIPRI trend indicator values (2024)
- Tax revenue 16.2% (2024)
- Taxes on income, profits and capital gains 17.7% (2024)
- Taxes on goods and services 32.7% (2024)
- Net investment in nonfinancial assets 3.0% (2024)
- Net lending (+) / net borrowing (-) -8.8% (2024)
- Interest payments 7.3% (2024)
- Grants and other revenue 13.1% (2024)
- Interest payments 3.9% (2022)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is compensation of employees in Romania?
- Compensation of employees in Romania was 142.52 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 Romania?
- The highest recorded value was 142.52 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Romania?
- The lowest recorded value was 564,000 current LCU in 1980.
- How does Romania rank for compensation of employees?
- Romania ranks 68th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Romania?
- Over the last ten years it is up 354.7%. The long-run trend across the full record is volatile.
- Where does this Romania 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 — 45 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.