Belize - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Belize was 530,418,200 as of 2017. As the graph below shows, over the past 27 years this indicator reached a maximum value of 530,418,200 in 2017 and a minimum value of 87,718,000 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 87,718,000
1991 96,112,000
1992 104,619,000
1993 120,573,000
1994 131,858,000
1995 126,989,000
1996 123,123,000
1997 130,509,000
1998 140,301,000
1999 148,691,000
2000 151,698,000
2001 163,577,000
2002 172,856,000
2003 190,726,000
2004 212,643,000
2005 222,884,000
2006 219,464,000
2007 233,920,000
2008 250,104,000
2009 274,032,000
2010 279,053,000
2011 296,421,000
2012 370,798,600
2013 388,241,200
2014 431,838,000
2015 484,012,900
2016 505,050,800
2017 530,418,200

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Belize was 52.38 as of 2017. Its highest value over the past 27 years was 63.87 in 1990, while its lowest value was 35.35 in 2006.

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 63.87
1991 63.75
1992 55.42
1993 54.57
1994 53.79
1995 54.91
1996 51.32
1997 51.64
1998 52.96
1999 51.05
2000 51.01
2001 48.38
2002 49.07
2003 44.98
2004 39.53
2005 40.62
2006 35.35
2007 38.20
2008 39.46
2009 40.96
2010 40.45
2011 40.66
2012 52.78
2013 50.56
2014 51.95
2015 53.52
2016 53.01
2017 52.38

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance