Mali - Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Mali was 528,835,000,000 as of 2019. As the graph below shows, over the past 19 years this indicator reached a maximum value of 528,835,000,000 in 2019 and a minimum value of 73,100,000,000 in 2000.

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
2000 73,100,000,000
2001 85,790,000,000
2002 93,490,000,000
2003 106,210,000,000
2004 121,716,000,000
2005 137,800,000,000
2006 159,598,000,000
2007 160,300,000,000
2008 186,009,000,000
2009 213,529,000,000
2010 231,837,000,000
2011 276,331,000,000
2012 306,914,000,000
2013 307,044,000,000
2014 314,700,000,000
2015 362,461,000,000
2016 397,400,000,000
2017 428,500,000,000
2018 485,767,000,000
2019 528,835,000,000

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