Uruguay - Compensation of employees (% of expense)

Compensation of employees (% of expense) in Uruguay was 25.82 as of 2019. Its highest value over the past 47 years was 38.57 in 1977, while its lowest value was 14.97 in 2000.

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 17.59
1973 33.64
1974 38.07
1975 35.99
1976 35.29
1977 38.57
1978 32.33
1979 32.81
1980 31.41
1981 32.26
1982 31.77
1983 30.67
1984 27.80
1985 28.30
1986 23.76
1987 22.59
1988 22.98
1989 22.27
1990 21.40
1991 18.95
1992 17.08
1993 15.49
1994 15.89
1995 16.51
1996 16.80
1997 16.12
1998 15.42
1999 17.61
2000 14.97
2001 23.63
2002 22.23
2003 20.90
2004 21.80
2005 22.34
2006 22.47
2007 22.67
2008 23.67
2009 24.60
2010 23.02
2011 23.62
2012 23.08
2013 23.06
2014 23.40
2015 22.98
2016 32.61
2017 25.75
2018 25.19
2019 25.82

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