Compensation of Employees (As % of Total Expenses) fell 31.7% to 7.14% in Canada in 2020, according to World Bank.
Historically, Compensation of Employees (As % of Total Expenses) in Canada reached an all time high of 12.0% in 2013 and an all time low of 7.14% in 2020. When compared to Canada's main peers, Compensation of Employees (As % of Total Expenses) in Australia amounted to 9.96%, 10.9% in Mexico, 13.5% in United Kingdom and 6.97% in USA in 2020.
Canada has been ranked 104th within the group of 111 countries we follow in terms of Compensation of Employees (As % of Total Expenses), 14 places above the position seen 10 years ago.
Compensation of Employees (As % of Total Expenses) | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
Australia | % | 10.6% | 10.4% | 10.6% | 10.6% | 10.3% | ||||||||||||||||
Belgium | % | 6.30% | 6.40% | 6.32% | 6.34% | 6.20% | ||||||||||||||||
Belize | % | 51.9% | 53.5% | 53.0% | 52.4% | ... | ... | ... | ||||||||||||||
Canada | % | 11.6% | 10.7% | 10.4% | 10.9% | 10.8% | ||||||||||||||||
China | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
France | % | 18.4% | 18.2% | 18.2% | 18.2% | 18.3% | ||||||||||||||||
Germany | % | 5.81% | 5.80% | 5.78% | 5.76% | 5.83% | ||||||||||||||||
Guatemala | % | 34.6% | 37.0% | 35.9% | 34.6% | 36.0% | ||||||||||||||||
Honduras | % | ... | ... | ... | 44.2% | 45.7% | ... | ... | ... | ... | ||||||||||||
Indonesia | % | ... | ... | 14.3% | 16.6% | 16.4% | 15.9% | 15.6% | ||||||||||||||
Ireland | % | 25.4% | 24.5% | 25.7% | 26.5% | 26.4% | ||||||||||||||||
Japan | % | 6.04% | 6.12% | 6.21% | 6.31% | 6.38% | ||||||||||||||||
Malaysia | % | 30.7% | 32.5% | 34.9% | 35.5% | 34.7% | ||||||||||||||||
Mexico | % | ... | ... | ... | ... | ... | ... | ... | 11.8% | 12.1% | 11.7% | 11.3% | 11.0% | |||||||||
New Zealand | % | ... | 24.2% | 24.5% | 24.4% | 24.3% | 24.4% | |||||||||||||||
Papua New Guinea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 16.3% | 17.5% | 20.0% | 19.0% | 18.4% | |||||
USA | % | 9.86% | 9.71% | 9.67% | 9.58% | 9.47% | ||||||||||||||||
United Kingdom | % | 13.1% | 13.1% | 13.4% | 15.2% | 15.7% |