Argentina - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Argentina was 552,193,000,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 552,193,000,000 in 2019 and a minimum value of 1,710,700,000 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 1,710,700,000
1991 5,121,300,000
1992 5,358,300,000
1993 5,669,800,000
1994 6,392,400,000
1995 6,901,500,000
1996 6,769,200,000
1997 7,216,500,000
1998 6,777,300,000
1999 7,158,100,000
2000 7,029,900,000
2001 6,501,100,000
2002 6,977,800,000
2003 8,702,629,000
2004 9,419,942,000
2014 144,827,000,000
2015 196,094,000,000
2016 267,819,000,000
2017 330,065,000,000
2018 403,686,000,000
2019 552,193,000,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Argentina was 11.62 as of 2019. Its highest value over the past 29 years was 25.26 in 1991, while its lowest value was 11.34 in 2002.

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 24.04
1991 25.26
1992 20.03
1993 16.79
1994 16.66
1995 17.24
1996 16.40
1997 16.41
1998 15.01
1999 15.08
2000 14.69
2001 14.24
2002 11.34
2003 11.67
2004 11.51
2014 12.87
2015 13.17
2016 12.43
2017 12.75
2018 12.07
2019 11.62

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance