Bhutan - Compensation of employees (% of expense)

Compensation of employees (% of expense) in Bhutan was 30.54 as of 2018. Its highest value over the past 36 years was 51.77 in 1989, while its lowest value was 25.70 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.

See also:

Year Value
1982 38.12
1983 34.96
1984 29.93
1988 43.45
1989 51.77
1990 47.86
1991 47.44
1992 43.33
1993 39.78
1994 31.02
1995 30.97
1996 25.70
1997 34.77
1998 40.56
1999 37.65
2000 42.42
2001 37.97
2002 39.30
2003 36.24
2004 38.58
2005 37.18
2006 39.40
2007 39.54
2008 31.60
2009 35.01
2010 38.08
2011 37.91
2012 38.04
2013 37.47
2014 38.09
2015 39.93
2016 36.19
2017 33.79
2018 30.54

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance