Trinidad and Tobago - Compensation of employees
Compensation of employees (current LCU)
The value for Compensation of employees (current LCU) in Trinidad and Tobago was 16,668,500,000 as of 2018. As the graph below shows, over the past 42 years this indicator reached a maximum value of 16,668,500,000 in 2018 and a minimum value of 459,000,000 in 1976.
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 |
|---|---|
| 1976 | 459,000,000 |
| 1977 | 593,900,000 |
| 1979 | 1,017,200,000 |
| 1980 | 1,306,100,000 |
| 1981 | 1,409,500,000 |
| 2001 | 4,807,800,000 |
| 2002 | 5,297,900,000 |
| 2003 | 5,812,000,000 |
| 2004 | 6,238,400,000 |
| 2005 | 7,179,200,000 |
| 2006 | 7,434,800,000 |
| 2007 | 8,814,300,000 |
| 2008 | 9,956,600,000 |
| 2009 | 10,237,100,000 |
| 2010 | 10,452,100,000 |
| 2012 | 12,071,400,000 |
| 2013 | 14,682,300,000 |
| 2014 | 14,399,800,000 |
| 2015 | 16,411,100,000 |
| 2016 | 16,483,100,000 |
| 2017 | 16,483,100,000 |
| 2018 | 16,668,500,000 |
Compensation of employees (% of expense)
Compensation of employees (% of expense) in Trinidad and Tobago was 32.87 as of 2018. Its highest value over the past 17 years was 37.80 in 2002, while its lowest value was 21.49 in 2008.
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 |
|---|---|
| 2001 | 36.63 |
| 2002 | 37.80 |
| 2003 | 36.95 |
| 2004 | 32.97 |
| 2005 | 31.48 |
| 2006 | 21.73 |
| 2007 | 26.26 |
| 2008 | 21.49 |
| 2009 | 25.57 |
| 2010 | 24.10 |
| 2012 | 24.25 |
| 2013 | 27.10 |
| 2014 | 24.51 |
| 2015 | 28.58 |
| 2016 | 30.88 |
| 2017 | 30.88 |
| 2018 | 32.87 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
