Egypt - Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Egypt was 200,933,000,000 as of 2015. As the graph below shows, over the past 40 years this indicator reached a maximum value of 200,933,000,000 in 2015 and a minimum value of 524,000,000 in 1975.

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
1975 524,000,000
1976 640,000,000
1977 792,000,000
1978 904,000,000
1979 993,000,000
1981 1,468,000,000
1982 2,012,000,000
1983 2,236,000,000
1984 2,657,000,000
1985 3,204,000,000
1986 3,497,000,000
1987 3,729,000,000
1988 4,624,000,000
1989 5,298,000,000
1990 6,135,000,000
1991 7,198,000,000
1992 8,471,000,000
1993 9,900,000,000
1994 11,212,000,000
1995 12,640,000,000
1996 14,049,000,000
1997 15,373,000,000
2002 30,817,000,000
2003 34,151,000,000
2004 37,631,000,000
2005 42,012,000,000
2006 47,257,100,000
2007 52,745,700,000
2008 63,531,020,000
2009 76,967,300,000
2010 86,377,000,000
2011 97,398,100,000
2012 124,457,000,000
2013 145,064,000,000
2014 180,829,000,000
2015 200,933,000,000

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.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance