Serbia - Compensation of employees
Compensation of employees (current LCU)
The value for Compensation of employees (current LCU) in Serbia was 336,931,000,000 as of 2019. As the graph below shows, over the past 12 years this indicator reached a maximum value of 357,415,000,000 in 2012 and a minimum value of 228,167,000,000 in 2007.
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 |
|---|---|
| 2007 | 228,167,000,000 |
| 2008 | 278,726,000,000 |
| 2009 | 287,262,000,000 |
| 2010 | 295,319,000,000 |
| 2011 | 327,887,000,000 |
| 2012 | 357,415,000,000 |
| 2013 | 264,326,000,000 |
| 2014 | 267,419,000,000 |
| 2015 | 253,975,000,000 |
| 2016 | 261,126,000,000 |
| 2017 | 270,155,000,000 |
| 2018 | 298,703,000,000 |
| 2019 | 336,931,000,000 |
Compensation of employees (% of expense)
Compensation of employees (% of expense) in Serbia was 16.63 as of 2019. Its highest value over the past 12 years was 26.71 in 2008, while its lowest value was 14.47 in 2015.
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 |
|---|---|
| 2007 | 26.30 |
| 2008 | 26.71 |
| 2009 | 26.23 |
| 2010 | 24.85 |
| 2011 | 25.60 |
| 2012 | 25.43 |
| 2013 | 15.72 |
| 2014 | 15.05 |
| 2015 | 14.47 |
| 2016 | 14.71 |
| 2017 | 15.09 |
| 2018 | 16.05 |
| 2019 | 16.63 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
