Compensation of employees by NUTS 2 region in Illes Balears

Illes Balears: Compensation of employees by NUTS 2 region was 19,108 in 2024. ▲ Rising

Latest (2024)
19,108
Change on year
up 7.9%
Rank
195th
of 323 regions
All-time high
19,108
in 2024
All-time low
7,533
in 2000
Years of data
25
2000–2024

Compensation of employees by NUTS 2 region in Illes Balears, 2000–2024

05.0k10.0k15.0k20.0k2000201220242000: 7.5k2001: 8.1k2002: 8.6k2003: 9.0k2004: 9.8k2005: 10.6k2006: 11.5k2007: 12.4k2008: 13.3k2009: 12.8k2010: 12.7k2011: 12.5k2012: 11.7k2013: 11.4k2014: 11.7k2015: 12.4k2016: 12.9k2017: 13.6k2018: 14.4k2019: 15.2k2020: 12.9k2021: 13.8k2022: 16.0k2023: 17.7k2024: 19.1k

Source: Eurostat.

Analysis

The most recent figure for compensation of employees by nuts 2 region in Illes Balears is 19,108, measured in 2024. That is the highest value across all 25 years on record.

Compared with earlier readings it is up 7.9% on the previous year and up 63.3% over ten years.

Over the whole period, compensation of employees by nuts 2 region in Illes Balears peaked at 19,108 in 2024 and was at its lowest, 7,533, in 2000.

That places Illes Balears 195th out of 323 regions with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Compensation of employees by NUTS 2 region in Illes Balears, year by year

Annual values for Compensation of employees by NUTS 2 region in Illes Balears, 2000 to 2024.
Year Value Change
2000 7,533
2001 8,061 +7.0%
2002 8,583 +6.5%
2003 8,977 +4.6%
2004 9,843 +9.6%
2005 10,643 +8.1%
2006 11,466 +7.7%
2007 12,363 +7.8%
2008 13,285 +7.5%
2009 12,793 -3.7%
2010 12,713 -0.6%
2011 12,487 -1.8%
2012 11,713 -6.2%
2013 11,430 -2.4%
2014 11,704 +2.4%
2015 12,408 +6.0%
2016 12,901 +4.0%
2017 13,564 +5.1%
2018 14,350 +5.8%
2019 15,155 +5.6%
2020 12,895 -14.9%
2021 13,788 +6.9%
2022 15,968 +15.8%
2023 17,707 +10.9%
2024 19,108 +7.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 10,355 7,533 13,285 10
2010s 12,843 11,430 15,155 10
2020s 15,893 12,895 19,108 5

More work & labour data for Illes Balears

All data for Illes Balears →

Frequently asked questions

What is compensation of employees by nuts 2 region in Illes Balears?
Compensation of employees by nuts 2 region in Illes Balears was 19,108 in 2024, according to Eurostat.
What is the highest compensation of employees by nuts 2 region recorded in Illes Balears?
The highest recorded value was 19,108 in 2024.
What is the lowest compensation of employees by nuts 2 region recorded in Illes Balears?
The lowest recorded value was 7,533 in 2000.
How does Illes Balears rank for compensation of employees by nuts 2 region?
Illes Balears ranks 195th out of 323 regions with data for 2024.
Is compensation of employees by nuts 2 region rising or falling in Illes Balears?
Over the last ten years it is up 63.3%. The long-run trend across the full record is rising.
Where does this Illes Balears data come from?
The figures come from Eurostat, published as part of Compensation of employees by NUTS 2 region. Statizoid updates them automatically from the source API.

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Compensation of employees by NUTS 2 region in Illes Balears. Statizoid, drawing on Eurostat. Retrieved 25 August 2026, from https://labour.statizoid.com/stat/compensation-of-employees-by-nuts-2-region/illes-balears/

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About this data

Indicator
Compensation of employees by NUTS 2 region
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
357 places, 8,539 data points, 2000–2024
Last refreshed