# Compensation of employees (% of expense) — SMR
> Latest: 23.46 (2023). Change: +6.3% vs 2022.
- Frequency: Annual · Coverage: 1995–2023
- Data updated: 2026-10-08
- Source: World Bank — GC.XPN.COMP.ZS — https://data.worldbank.org/indicator/GC.XPN.COMP.ZS
- License: CC BY 4.0
- Interactive chart: https://econdash.org/chart/wdi-gc-xpn-comp-zs/SMR
## Recent values
| Year | Value |
| :--- | :--- |
| 2019 | 26.70 |
| 2020 | 25.05 |
| 2021 | 24.19 |
| 2022 | 22.08 |
| 2023 | 23.46 |
## How to cite
APA: World Bank. (2023). Compensation of employees (% of expense) — SMR [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-xpn-comp-zs/SMR. Original source: https://data.worldbank.org/indicator/GC.XPN.COMP.ZS
## Full data
Full time series: https://econdash.org/docs/agent-payments (free API trial for core indicators of 10 major economies; otherwise an API key or pay per call)