Panama - Compensation of employees

Compensation of employees (current LCU)

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
2014 1,996,194,000
2015 2,226,250,000
2016 2,554,854,000
2017 3,018,531,000
2018 3,149,970,000

Compensation of employees (% of expense)

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
2014 30.06
2015 28.52
2016 31.22
2017 33.66
2018 34.43

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance