Guatemala - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Guatemala was 25,950,490,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 25,950,490,000 in 2019 and a minimum value of 1,171,670,000 in 1990.

Definition: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 1,171,670,000
1991 1,364,160,000
1992 1,874,400,000
1993 2,269,900,000
1994 2,501,220,000
1995 3,206,800,000
2000 5,134,970,000
2001 5,959,020,000
2002 6,413,020,000
2003 6,751,900,000
2004 6,783,870,000
2005 6,796,150,000
2006 7,608,700,000
2007 8,180,000,000
2008 9,202,100,000
2009 11,103,070,000
2010 12,466,300,000
2011 14,100,430,000
2012 14,973,680,000
2013 16,874,870,000
2014 18,363,310,000
2015 20,224,400,000
2016 20,812,040,000
2017 22,206,520,000
2018 23,132,860,000
2019 25,950,490,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Guatemala was 34.75 as of 2019. Its highest value over the past 29 years was 49.80 in 1995, while its lowest value was 25.09 in 2007.

Definition: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1990 37.39
1991 35.34
1992 36.08
1993 40.96
1994 42.17
1995 49.80
2000 31.35
2001 30.75
2002 30.89
2003 27.04
2004 28.12
2005 25.49
2006 25.44
2007 25.09
2008 26.62
2009 29.03
2010 29.58
2011 30.31
2012 29.26
2013 31.10
2014 32.55
2015 34.99
2016 33.83
2017 34.20
2018 33.70
2019 34.75

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance