Luxembourg - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Luxembourg was 2,533,598,000 as of 2010. As the graph below shows, over the past 11 years this indicator reached a maximum value of 2,533,598,000 in 2010 and a minimum value of 1,205,873,000 in 1999.

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
1999 1,205,873,000
2000 1,270,434,000
2001 1,361,707,000
2002 1,463,264,000
2003 1,570,365,000
2004 1,698,009,000
2005 1,820,771,000
2006 1,922,907,000
2007 2,039,230,000
2008 2,147,822,000
2009 2,335,762,000
2010 2,533,598,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Luxembourg was 16.28 as of 2010. Its highest value over the past 11 years was 17.32 in 1999, while its lowest value was 15.83 in 2009.

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
1999 17.32
2000 17.08
2001 17.02
2002 16.78
2003 16.42
2004 16.13
2005 16.25
2006 16.32
2007 16.43
2008 15.96
2009 15.83
2010 16.28

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance