Compensation of employees in Saudi Arabia
Saudi Arabia: Compensation of employees was 562.26 billion current LCU in 2024. ▲ Rising
Compensation of employees in Saudi Arabia, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for compensation of employees in Saudi Arabia is 562.26 billion current LCU, measured in 2024. That is the highest value across all 15 years on record.
The figure is up 4.6% on the previous year and up 41.9% over ten years.
Over the whole period, compensation of employees in Saudi Arabia peaked at 562.26 billion current LCU in 2024 and was at its lowest, 288.08 billion current LCU, in 2010.
That places Saudi Arabia 42nd out of 156 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 406.43 billion current LCU | 288.08 billion current LCU | 505.03 billion current LCU | 10 |
| 2020s | 520.65 billion current LCU | 494.71 billion current LCU | 562.26 billion current LCU | 5 |
Countries ranked near Saudi Arabia
- 39 Mali 631.06 billion current LCU compare
- 40 Bangladesh 596.99 billion current LCU compare
- 41 United States 590.32 billion current LCU compare
- 43 Burundi 480.99 billion current LCU compare
- 44 Dominican Republic 453.52 billion current LCU compare
- 45 Serbia 443.02 billion current LCU compare
More public sector data for Saudi Arabia
- Arms imports 1.11 billion SIPRI trend indicator values (2024)
- Tax revenue 8.1% (2024)
- Taxes on income, profits and capital gains 2.5% (2024)
- Taxes on goods and services 22.9% (2024)
- Net investment in nonfinancial assets 4.1% (2024)
- Net lending (+) / net borrowing (-) -2.5% (2024)
- Interest payments 3.5% (2024)
- Grants and other revenue 69.8% (2024)
- Interest payments 3.4% (2023)
- Other taxes 2.8% (2024)
Frequently asked questions
- What is compensation of employees in Saudi Arabia?
- Compensation of employees in Saudi Arabia was 562.26 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 Saudi Arabia?
- The highest recorded value was 562.26 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Saudi Arabia?
- The lowest recorded value was 288.08 billion current LCU in 2010.
- How does Saudi Arabia rank for compensation of employees?
- Saudi Arabia ranks 42nd out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Saudi Arabia?
- Over the last ten years it is up 41.9%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia 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 — 15 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.