Israel - Compensation of employees (% of expense)

Compensation of employees (% of expense) in Israel was 22.46 as of 2019. Its highest value over the past 47 years was 23.55 in 2015, while its lowest value was 10.05 in 1983.

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 14.29
1973 16.00
1974 11.43
1975 11.54
1976 12.50
1977 11.21
1978 14.47
1979 14.29
1980 13.43
1981 11.92
1982 14.08
1983 10.05
1984 10.90
1985 11.00
1986 12.24
1987 13.59
1988 14.42
1989 15.59
1990 15.48
1991 14.61
1992 14.21
1993 14.98
1994 16.16
1995 17.02
1996 16.40
1997 16.58
1998 16.05
1999 16.94
2000 22.47
2001 22.24
2002 20.64
2003 22.07
2004 22.17
2005 21.78
2006 21.63
2007 21.88
2008 21.76
2009 21.66
2010 22.54
2011 22.51
2012 22.68
2013 22.74
2014 23.21
2015 23.55
2016 23.43
2017 23.05
2018 22.66
2019 22.46

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