Portugal - Compensation of employees (% of expense)

Compensation of employees (% of expense) in Portugal was 21.89 as of 2019. Its highest value over the past 41 years was 32.28 in 2000, while its lowest value was 19.16 in 1986.

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
1978 26.30
1979 26.13
1980 25.65
1981 23.89
1982 24.62
1983 21.48
1984 22.74
1985 19.84
1986 19.16
1987 20.96
1988 22.46
1989 28.81
1990 28.97
1991 29.71
1992 30.52
1993 30.09
1994 30.25
1995 29.73
1996 30.04
1997 30.96
1998 30.76
1999 31.29
2000 32.28
2001 31.68
2002 31.90
2003 31.23
2004 30.62
2005 30.39
2006 29.09
2007 28.07
2008 27.24
2009 26.67
2010 24.85
2011 22.94
2012 20.79
2013 21.68
2014 19.75
2015 20.42
2016 21.61
2017 20.91
2018 21.70
2019 21.89

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