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Compensation of Employees (As % of Total Expenses) in Armenia

Source: World Bank
Last Updated: February 1, 2023

Compensation of employees (as % of total expenses) reached 19.2% in 2020 in Armenia, according to . This is 9.24% less than in the previous year.

Historically, Compensation of Employees (As % of Total Expenses) in Armenia reached an all time high of 24.8% in 2009 and an all time low of 5.15% in 2003.

Armenia has been ranked 62nd within the group of 111 countries we follow in terms of Compensation of Employees (As % of Total Expenses).

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