Kuwait - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Kuwait was 2,467,000,000 as of 2006. As the graph below shows, over the past 34 years this indicator reached a maximum value of 2,467,000,000 in 2006 and a minimum value of 129,000,000 in 1972.

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
1972 129,000,000
1973 140,000,000
1974 208,000,000
1977 267,000,000
1978 304,000,000
1979 328,000,000
1980 478,000,000
1981 484,000,000
1982 564,000,000
1983 662,000,000
1984 687,000,000
1985 723,000,000
1986 788,000,000
1987 820,000,000
1988 863,000,000
1989 918,000,000
1990 963,000,000
1991 404,000,000
1992 1,114,000,000
1993 1,059,000,000
1994 1,116,000,000
1995 1,168,000,000
1996 1,196,000,000
1997 1,293,000,000
1998 1,396,000,000
2001 1,637,000,000
2002 1,709,000,000
2003 1,825,000,000
2004 1,940,000,000
2005 2,125,000,000
2006 2,467,000,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Kuwait was 24.23 as of 2006. Its highest value over the past 34 years was 43.02 in 1987, while its lowest value was 6.14 in 1991.

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
1972 42.57
1973 38.04
1974 28.11
1977 27.00
1978 29.09
1979 29.36
1980 32.74
1981 28.54
1982 29.45
1983 30.63
1984 33.64
1985 33.50
1986 39.22
1987 43.02
1988 37.80
1989 36.99
1990 37.76
1991 6.14
1992 20.73
1993 26.55
1994 28.99
1995 31.01
1996 30.36
1997 36.79
1998 37.97
2001 35.17
2002 35.60
2003 33.85
2004 31.40
2005 31.59
2006 24.23

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance