Chile - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Chile was 9,802,990,000,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 9,802,990,000,000 in 2019 and a minimum value of 336,250,000,000 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 336,250,000,000
1991 449,190,000,000
1992 570,550,000,000
1993 713,290,000,000
1994 854,240,000,000
1995 1,000,250,000,000
1996 1,159,290,000,000
1997 1,324,960,000,000
1998 1,490,980,000,000
1999 1,645,350,000,000
2000 1,778,490,000,000
2001 1,891,950,000,000
2002 2,011,290,000,000
2003 2,130,600,000,000
2004 2,301,580,000,000
2005 2,518,000,000,000
2006 2,760,000,000,000
2007 3,107,940,000,000
2008 3,544,890,000,000
2009 4,210,410,000,000
2010 4,659,700,000,000
2011 4,946,910,000,000
2012 5,409,670,000,000
2013 5,894,240,000,000
2014 6,510,960,000,000
2015 7,208,770,000,000
2016 7,926,170,000,000
2017 8,577,010,000,000
2018 9,241,579,000,000
2019 9,802,990,000,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Chile was 21.62 as of 2019. Its highest value over the past 29 years was 23.23 in 1997, while its lowest value was 19.80 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.

See also:

Year Value
1990 19.80
1991 19.85
1992 20.63
1993 21.57
1994 22.31
1995 22.69
1996 22.74
1997 23.23
1998 22.93
1999 22.86
2000 20.92
2001 20.77
2002 20.67
2003 20.83
2004 20.93
2005 21.37
2006 21.30
2007 21.49
2008 20.51
2009 20.55
2010 20.82
2011 20.88
2012 20.89
2013 21.25
2014 21.29
2015 21.01
2016 21.23
2017 21.40
2018 21.57
2019 21.62

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance