Thailand - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Thailand was 814,696,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 814,696,000,000 in 2019 and a minimum value of 6,832,000,000 in 1972.

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
1972 6,832,000,000
1973 7,402,000,000
1974 9,520,000,000
1975 11,547,000,000
1976 12,947,000,000
1977 14,692,000,000
1978 16,660,000,000
1979 20,849,000,000
1980 26,569,000,000
1981 40,155,000,000
1982 48,547,000,000
1983 54,710,000,000
1984 58,569,000,000
1985 62,909,000,000
1986 67,225,000,000
1987 71,765,000,000
1988 75,043,000,000
1989 89,580,000,000
1990 106,298,000,000
1991 121,093,000,000
1992 144,048,000,000
1993 162,388,000,000
1994 173,356,000,000
1995 223,168,000,000
1996 241,603,000,000
1997 262,316,000,000
1998 281,119,000,000
1999 298,269,000,000
2000 305,361,000,000
2001 301,269,000,000
2002 308,515,000,000
2003 330,113,000,000
2004 357,935,000,000
2005 403,271,000,000
2006 505,648,000,000
2007 559,463,000,000
2008 584,500,000,000
2009 640,574,000,000
2010 754,784,000,000
2011 807,671,000,000
2012 680,988,000,000
2013 713,162,000,000
2014 722,798,000,000
2015 747,225,000,000
2016 788,369,000,000
2017 796,732,000,000
2018 807,126,000,000
2019 814,696,000,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Thailand was 26.89 as of 2019. Its highest value over the past 47 years was 48.96 in 1995, while its lowest value was 26.10 in 1980.

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
1972 32.17
1973 27.96
1974 32.99
1975 30.40
1976 28.64
1977 29.58
1978 26.19
1979 26.70
1980 26.10
1981 34.23
1982 35.31
1983 36.71
1984 36.26
1985 35.00
1986 36.36
1987 37.05
1988 36.72
1989 38.55
1990 41.33
1991 41.43
1992 44.23
1993 43.89
1994 41.86
1995 48.96
1996 46.57
1997 42.09
1998 36.33
1999 31.85
2000 44.60
2001 35.80
2002 26.48
2003 35.18
2004 33.22
2005 34.58
2006 39.95
2007 37.24
2008 35.30
2009 36.02
2010 40.11
2011 36.79
2012 29.59
2013 28.92
2014 28.30
2015 29.10
2016 28.54
2017 27.99
2018 26.79
2019 26.89

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance