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 |