Solomon Islands - Compensation of employees
Compensation of employees (current LCU)
The value for Compensation of employees (current LCU) in Solomon Islands was 1,467,315,000 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 1,467,315,000 in 2020 and a minimum value of 717,066,400 in 2011.
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 |
|---|---|
| 2011 | 717,066,400 |
| 2012 | 770,980,100 |
| 2013 | 887,664,800 |
| 2014 | 949,388,300 |
| 2015 | 1,060,323,000 |
| 2016 | 1,146,903,000 |
| 2017 | 1,215,002,000 |
| 2018 | 1,322,078,000 |
| 2019 | 1,392,748,000 |
| 2020 | 1,467,315,000 |
Compensation of employees (% of expense)
Compensation of employees (% of expense) in Solomon Islands was 36.44 as of 2020. Its highest value over the past 9 years was 37.32 in 2018, while its lowest value was 30.99 in 2013.
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 |
|---|---|
| 2011 | 35.28 |
| 2012 | 34.97 |
| 2013 | 30.99 |
| 2014 | 31.96 |
| 2015 | 33.39 |
| 2016 | 35.17 |
| 2017 | 34.66 |
| 2018 | 37.32 |
| 2019 | 36.31 |
| 2020 | 36.44 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
