Institutional Sign In

Go

Compensation of Employees (Local Currency) rose 9.81% to EUR 5.60 bil in Luxembourg in 2020

Compensation of Employees (Local Currency) (EUR bil), 2020
Labour | Luxembourg | February 1, 2023
$2.99
Excel Sheet

Compensation of Employees (Local Currency) rose 9.81% to EUR 5.60 bil in Luxembourg in 2020, according to World Bank.

Historically, Compensation of Employees (Local Currency) in Luxembourg reached an all time high of EUR 5.60 bil in 2020 and an all time low of EUR 0.097 bil in 1972. When compared to Luxembourg's main peers, Compensation of Employees (Local Currency) in Belgium amounted to EUR 11.7 bil, EUR 209 bil in France, EUR 60.3 bil in Germany and EUR 26.0 bil in Netherlands in 2020.

Luxembourg has been ranked 96th within the group of 111 countries we follow in terms of Compensation of Employees (Local Currency), 13 places above the position seen 10 years ago.

Compensation of Employees (Local Currency) Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Austria EUR bil 16.1 16.7 17.2 17.8 18.3
Belgium EUR bil 11.5 11.1 11.1 11.3 11.4
Denmark DKK bil 88.0 89.2 89.4 89.9 93.5
France EUR bil 191 192 195 199 202
Germany EUR bil 47.7 49.1 50.6 52.8 54.7
Italy EUR bil 95.8 95.2 98.1 99.6 103
Luxembourg EUR bil 3.90 4.07 4.14 4.44 4.78
Netherlands EUR bil 20.6 20.8 21.5 22.0 23.1
Poland PLN bil 85.1 87.6 91.8 96.2 99.4
Spain EUR bil 22.1 22.5 22.5 24.8 25.4
United Kingdom GBP bil 96.3 96.6 99.7 117 127