The Bahamas - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in The Bahamas was 712,242,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 791,821,300 in 2014 and a minimum value of 289,100,000 in 1990.

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
1990 289,100,000
1991 291,900,000
1992 295,900,000
1993 301,500,000
1994 321,000,000
1995 327,200,000
1996 333,700,000
1997 367,000,000
1998 383,931,000
1999 379,684,000
2000 352,531,000
2001 372,200,000
2002 400,500,000
2003 421,300,000
2004 450,087,000
2005 470,102,000
2006 513,511,000
2007 536,662,000
2008 552,011,000
2009 573,101,000
2010 746,056,100
2011 740,464,800
2012 776,777,000
2013 748,144,400
2014 791,821,300
2015 660,104,300
2016 685,258,100
2017 726,410,000
2018 728,646,000
2019 712,242,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in The Bahamas was 29.04 as of 2019. Its highest value over the past 29 years was 57.48 in 1994, while its lowest value was 29.04 in 2019.

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
1990 54.97
1991 53.73
1992 52.63
1993 55.94
1994 57.48
1995 54.94
1996 50.65
1997 51.57
1998 52.46
1999 47.84
2000 42.55
2001 42.93
2002 43.41
2003 42.17
2004 44.07
2005 42.08
2006 43.30
2007 42.59
2008 41.04
2009 40.31
2010 48.01
2011 44.40
2012 44.30
2013 43.95
2014 45.00
2015 34.70
2016 32.25
2017 29.57
2018 32.70
2019 29.04

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance