Compensation of Employees (As % of Total Expenses) rose 7.00% to 36.2% in Ecuador in 2020, according to World Bank.
Historically, Compensation of Employees (As % of Total Expenses) in Ecuador reached an all time high of 48.6% in 1994 and an all time low of 33.8% in 2019. When compared to Ecuador's main peers, Compensation of Employees (As % of Total Expenses) in Brazil amounted to 10.3%, 9.97% in Colombia, 32.4% in Panama and 16.7% in Peru in 2020.
Ecuador has been ranked 22nd within the group of 111 countries we follow in terms of Compensation of Employees (As % of Total Expenses), 22 places below 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 |
| Bolivia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||
| Brazil | % | 11.8% | 10.9% | 11.0% | 11.6% | 11.7% | ||||||||||||||||
| Chile | % | 21.3% | 21.0% | 21.2% | 21.4% | 21.6% | ||||||||||||||||
| Colombia | % | ... | ... | ... | ... | ... | ... | 9.61% | 11.1% | 10.7% | 11.4% | 12.5% | ||||||||||
| Costa Rica | % | 46.2% | 43.4% | 45.2% | 46.9% | 41.4% | ||||||||||||||||
| Ecuador | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Honduras | % | ... | ... | ... | 44.2% | 45.7% | ... | ... | ... | ... | ||||||||||||
| Nicaragua | % | 38.5% | 37.1% | 36.5% | 37.4% | 38.7% | ||||||||||||||||
| Panama | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 30.1% | 28.5% | 31.2% | 33.7% | 34.4% | ||||
| Peru | % | 18.9% | 18.6% | 20.4% | 19.6% | 19.7% | ||||||||||||||||
| Venezuela | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
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