Poland - Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Poland was 109,501,000,000 as of 2019. As the graph below shows, over the past 25 years this indicator reached a maximum value of 109,501,000,000 in 2019 and a minimum value of 12,925,000,000 in 1994.

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
1994 12,925,000,000
1995 24,918,000,000
1996 31,150,000,000
1997 38,161,000,000
1998 43,365,000,000
1999 33,341,000,000
2000 37,152,000,000
2001 41,387,000,000
2002 44,138,000,000
2003 48,855,000,000
2004 49,011,000,000
2005 52,578,000,000
2006 55,509,000,000
2007 59,512,000,000
2008 66,396,000,000
2009 71,499,000,000
2010 74,530,000,000
2011 76,911,000,000
2012 77,963,000,000
2013 80,572,000,000
2014 85,105,900,000
2015 87,582,700,000
2016 91,787,000,000
2017 96,194,000,000
2018 99,442,000,000
2019 109,501,000,000

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