Luxembourg - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Luxembourg was 5,101,178,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 5,101,178,000 in 2019 and a minimum value of 96,529,740 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 96,529,740
1973 119,212,000
1974 146,009,300
1975 169,584,000
1976 195,711,900
1977 218,022,400
1978 233,565,300
1979 259,395,800
1980 292,960,600
1981 282,350,700
1982 386,763,500
1983 374,641,500
1984 402,975,700
1985 427,814,700
1986 463,288,200
1987 510,735,000
1988 523,873,400
1989 561,181,400
1990 670,130,600
1991 683,987,800
1992 886,764,700
1993 868,941,200
1994 910,810,400
1995 1,342,532,000
1996 1,391,085,000
1997 1,489,782,000
1998 1,531,677,000
1999 1,642,154,000
2000 1,743,202,000
2001 1,874,550,000
2002 1,994,215,000
2003 2,148,162,000
2004 2,299,291,000
2005 2,443,527,000
2006 2,567,324,000
2007 2,694,146,000
2008 2,815,943,000
2009 3,007,127,000
2010 3,203,842,000
2011 3,378,588,000
2012 3,561,482,000
2013 3,737,009,000
2014 3,899,396,000
2015 4,067,343,000
2016 4,143,588,000
2017 4,437,703,000
2018 4,783,291,000
2019 5,101,178,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Luxembourg was 20.73 as of 2019. Its highest value over the past 47 years was 23.18 in 1995, while its lowest value was 17.29 in 1981.

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 20.22
1973 21.46
1974 22.00
1975 20.02
1976 19.73
1977 19.61
1978 19.90
1979 19.74
1980 20.14
1981 17.29
1982 20.78
1983 18.39
1984 18.90
1985 19.82
1986 20.34
1987 20.71
1988 19.78
1989 20.39
1990 20.98
1991 19.32
1992 21.82
1993 19.68
1994 19.10
1995 23.18
1996 22.95
1997 22.86
1998 22.75
1999 22.36
2000 22.19
2001 22.23
2002 21.71
2003 21.42
2004 21.01
2005 21.11
2006 21.02
2007 21.03
2008 20.29
2009 19.91
2010 20.12
2011 20.21
2012 19.81
2013 19.73
2014 19.94
2015 20.22
2016 20.06
2017 20.26
2018 20.54
2019 20.73

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance