Philippines - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Philippines was 500,446,000,000 as of 2011. As the graph below shows, over the past 21 years this indicator reached a maximum value of 500,446,000,000 in 2011 and a minimum value of 62,184,000,000 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 62,184,000,000
1991 72,400,000,000
1992 74,337,000,000
1993 78,696,000,000
1994 88,526,000,000
1995 109,074,000,000
1996 123,226,000,000
1998 172,889,000,000
1999 166,392,000,000
2000 182,723,000,000
2001 190,893,000,000
2003 276,130,000,000
2004 283,070,000,000
2005 296,360,000,000
2006 322,270,000,000
2007 350,291,000,000
2008 374,662,000,000
2009 432,020,000,000
2010 469,402,000,000
2011 500,446,000,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Philippines was 32.69 as of 2011. Its highest value over the past 21 years was 36.27 in 1991, while its lowest value was 29.60 in 2008.

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 34.43
1991 36.27
1992 33.94
1993 33.55
2000 31.21
2003 32.61
2004 31.26
2005 30.34
2006 30.58
2007 30.59
2008 29.60
2009 30.31
2010 30.89
2011 32.69

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance