Compensation of employees in Uruguay
Uruguay: Compensation of employees was 282.34 billion current LCU in 2024. ◆ Volatile
Compensation of employees in Uruguay, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, compensation of employees in Uruguay stood at 282.34 billion current LCU. That is the highest value across all 53 years on record.
The figure is up 13.3% on the previous year and up 185.4% over ten years.
Over the whole period, compensation of employees in Uruguay peaked at 282.34 billion current LCU in 2024 and was at its lowest, 51,000 current LCU, in 1972.
Uruguay ranks 54th 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 | 1.16 million current LCU | 51,000 current LCU | 3.35 million current LCU | 8 |
| 1980s | 64.71 million current LCU | 5.84 million current LCU | 267.00 million current LCU | 10 |
| 1990s | 5.61 billion current LCU | 510.00 million current LCU | 12.67 billion current LCU | 10 |
| 2000s | 26.59 billion current LCU | 10.98 billion current LCU | 51.22 billion current LCU | 10 |
| 2010s | 117.48 billion current LCU | 54.72 billion current LCU | 199.11 billion current LCU | 10 |
| 2020s | 231.12 billion current LCU | 195.36 billion current LCU | 282.34 billion current LCU | 5 |
Countries ranked near Uruguay
More public sector data for Uruguay
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Tax revenue 17.9% (2024)
- Taxes on income, profits and capital gains 18.8% (2024)
- Taxes on goods and services 24.7% (2024)
- Net investment in nonfinancial assets 1.2% (2024)
- Net lending (+) / net borrowing (-) -3.1% (2024)
- Interest payments 6.9% (2024)
- Grants and other revenue 19.5% (2024)
- Interest payments 6.4% (2023)
- Other taxes 4.1% (2024)
Frequently asked questions
- What is compensation of employees in Uruguay?
- Compensation of employees in Uruguay was 282.34 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 Uruguay?
- The highest recorded value was 282.34 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Uruguay?
- The lowest recorded value was 51,000 current LCU in 1972.
- How does Uruguay rank for compensation of employees?
- Uruguay ranks 54th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Uruguay?
- Over the last ten years it is up 185.4%. The long-run trend across the full record is volatile.
- Where does this Uruguay 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.