Belgium - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Belgium was 10,359,800,000 as of 2015. As the graph below shows, over the past 20 years this indicator reached a maximum value of 10,712,300,000 in 2014 and a minimum value of 6,694,900,000 in 1996.

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
1995 6,712,400,000
1996 6,694,900,000
1997 6,854,700,000
1998 7,020,000,000
1999 7,316,600,000
2000 7,495,300,000
2001 7,794,400,000
2002 7,970,300,000
2003 8,178,300,000
2004 8,133,900,000
2005 8,565,700,000
2006 8,870,700,000
2007 9,164,700,000
2008 9,667,600,000
2009 9,917,200,000
2010 9,985,400,000
2011 10,284,900,000
2012 10,481,300,000
2013 10,661,500,000
2014 10,712,300,000
2015 10,359,800,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Belgium was 6.01 as of 2015. Its highest value over the past 20 years was 7.05 in 2002, while its lowest value was 5.92 in 2012.

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
1995 7.00
1996 6.81
1997 6.84
1998 6.80
1999 6.91
2000 6.86
2001 6.84
2002 7.05
2003 6.84
2004 6.71
2005 6.34
2006 6.73
2007 6.63
2008 6.54
2009 6.46
2010 6.32
2011 6.11
2012 5.92
2013 5.97
2014 5.92
2015 6.01

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance