Dominican Republic - Compensation of employees (% of expense)

Compensation of employees (% of expense) in Dominican Republic was 39.14 as of 2019. Its highest value over the past 47 years was 62.80 in 1972, while its lowest value was 28.22 in 2004.

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
1972 62.80
1973 59.93
1974 50.94
1975 55.43
1976 49.29
1978 49.95
1979 45.04
1980 47.40
1981 50.42
1982 55.99
1983 50.14
1984 51.77
1985 43.83
1986 41.72
1987 42.82
1988 37.95
1989 41.24
1990 48.19
1991 38.57
1992 34.26
1993 31.73
1994 36.01
1995 41.26
1996 40.89
1997 43.41
1998 46.34
1999 44.32
2000 49.45
2001 48.30
2002 48.53
2003 45.16
2004 28.22
2005 34.43
2006 33.04
2007 34.46
2008 31.32
2009 35.68
2010 37.21
2011 36.78
2012 32.00
2013 37.99
2014 36.67
2015 38.52
2016 37.21
2017 37.94
2018 39.23
2019 39.14

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