Slovak Republic - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Slovak Republic was 5,725,128,000 as of 2019. As the graph below shows, over the past 24 years this indicator reached a maximum value of 5,725,128,000 in 2019 and a minimum value of 1,687,883,000 in 1995.

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
1995 1,687,883,000
1996 1,932,229,000
1997 2,055,007,000
1998 2,305,715,000
1999 2,475,415,000
2000 2,597,681,000
2001 2,806,702,000
2002 3,120,907,000
2003 2,209,211,000
2004 2,331,210,000
2005 2,455,283,000
2006 2,800,262,000
2007 2,885,569,000
2008 3,267,381,000
2009 3,512,717,000
2010 3,706,192,000
2011 3,823,178,000
2012 3,896,148,000
2013 4,157,809,000
2014 4,324,858,000
2015 4,521,792,000
2016 4,764,410,000
2017 4,739,744,000
2018 4,998,394,000
2019 5,725,128,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Slovak Republic was 15.18 as of 2019. Its highest value over the past 24 years was 19.75 in 1998, while its lowest value was 12.66 in 2005.

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
1995 18.60
1996 16.83
1997 18.66
1998 19.75
1999 18.45
2000 15.74
2001 18.67
2002 18.94
2003 13.50
2004 13.59
2005 12.66
2006 13.44
2007 13.10
2008 13.68
2009 13.07
2010 13.65
2011 13.67
2012 13.51
2013 13.92
2014 14.11
2015 13.83
2016 14.48
2017 14.44
2018 14.27
2019 15.18

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance