Somalia - Compensation of employees

Compensation of employees (current LCU)

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
2017 129,781,000
2018 143,883,300
2019 162,870,000

Compensation of employees (% of expense)

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
2017 54.25
2018 55.63
2019 54.16

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance