Upper middle income - Compensation of employees

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Upper middle income was 23.87 as of 2019. Its highest value over the past 19 years was 25.90 in 2005, while its lowest value was 21.04 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
2000 24.18
2003 22.88
2004 23.33
2005 25.90
2006 25.44
2007 25.53
2008 21.04
2009 23.02
2010 21.62
2011 23.03
2012 22.29
2013 21.22
2014 21.81
2015 23.48
2016 21.95
2017 21.82
2018 23.11
2019 23.87

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance