Turkey - Compensation of employees (% of expense)

Compensation of employees (% of expense) in Turkey was 23.52 as of 2020. Its highest value over the past 48 years was 53.69 in 1974, while its lowest value was 20.23 in 2009.

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 46.40
1973 45.37
1974 53.69
1975 47.00
1976 48.66
1977 44.59
1978 48.78
1979 40.80
1980 41.31
1981 37.32
1983 32.28
1984 25.87
1985 23.93
1986 28.97
1987 30.67
1988 29.35
1989 40.30
1990 47.48
1991 46.08
1992 51.57
1993 41.75
1994 35.59
1995 31.70
1996 26.86
1997 26.84
1998 25.26
2008 21.06
2009 20.23
2010 22.00
2011 22.90
2012 24.54
2013 24.03
2014 24.60
2015 24.87
2016 25.00
2017 21.91
2018 22.01
2019 22.50
2020 23.52

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance