Compensation of employees in Rwanda
Rwanda: Compensation of employees was 441.90 billion current LCU in 2023. ◆ Volatile
Compensation of employees in Rwanda, 1973–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, compensation of employees in Rwanda stood at 441.90 billion current LCU. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 13.8% on the previous year and up 103.6% over ten years.
Over the whole period, compensation of employees in Rwanda peaked at 441.90 billion current LCU in 2023 and was at its lowest, 1.54 billion current LCU, in 1973.
Rwanda ranks 46th of 156 countries on this measure, 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 |
|---|---|---|---|---|
| 1970s | 2.69 billion current LCU | 1.54 billion current LCU | 4.01 billion current LCU | 7 |
| 1980s | 7.87 billion current LCU | 4.65 billion current LCU | 11.09 billion current LCU | 2 |
| 1990s | 13.24 billion current LCU | 11.77 billion current LCU | 14.54 billion current LCU | 3 |
| 2010s | 274.23 billion current LCU | 217.01 billion current LCU | 309.56 billion current LCU | 6 |
| 2020s | 385.34 billion current LCU | 338.71 billion current LCU | 441.90 billion current LCU | 4 |
Countries ranked near Rwanda
More public sector data for Rwanda
- Arms imports 37.00 million SIPRI trend indicator values (2023)
- Tax revenue 13.1% (2023)
- Taxes on income, profits and capital gains 25.5% (2023)
- Taxes on goods and services 25.9% (2023)
- Net investment in nonfinancial assets 9.0% (2023)
- Net lending (+) / net borrowing (-) -4.0% (2023)
- Interest payments 7.7% (2023)
- Grants and other revenue 34.4% (2023)
- Interest payments 9.8% (2023)
- Other taxes 0.0% (2023)
Frequently asked questions
- What is compensation of employees in Rwanda?
- Compensation of employees in Rwanda was 441.90 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 Rwanda?
- The highest recorded value was 441.90 billion current LCU in 2023.
- What is the lowest compensation of employees recorded in Rwanda?
- The lowest recorded value was 1.54 billion current LCU in 1973.
- How does Rwanda rank for compensation of employees?
- Rwanda ranks 46th out of 156 countries with data for 2023.
- Is compensation of employees rising or falling in Rwanda?
- Over the last ten years it is up 103.6%. The long-run trend across the full record is volatile.
- Where does this Rwanda 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 — 22 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.