Barbados - Compensation of employees
Compensation of employees (current LCU)
The value for Compensation of employees (current LCU) in Barbados was 807,094,900 as of 2016. As the graph below shows, over the past 13 years this indicator reached a maximum value of 906,113,000 in 2012 and a minimum value of 701,290,300 in 2005.
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 |
|---|---|
| 2003 | 782,960,000 |
| 2004 | 738,400,000 |
| 2005 | 701,290,300 |
| 2006 | 721,779,300 |
| 2007 | 809,148,400 |
| 2008 | 832,695,200 |
| 2009 | 882,254,900 |
| 2010 | 885,101,600 |
| 2011 | 893,348,900 |
| 2012 | 906,113,000 |
| 2013 | 895,583,600 |
| 2014 | 826,401,700 |
| 2015 | 809,827,400 |
| 2016 | 807,094,900 |
Compensation of employees (% of expense)
Compensation of employees (% of expense) in Barbados was 24.70 as of 2016. Its highest value over the past 13 years was 45.20 in 2003, while its lowest value was 24.33 in 2015.
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 |
|---|---|
| 2003 | 45.20 |
| 2004 | 41.55 |
| 2005 | 32.67 |
| 2006 | 31.81 |
| 2007 | 29.59 |
| 2008 | 28.16 |
| 2009 | 29.06 |
| 2010 | 28.44 |
| 2011 | 29.72 |
| 2012 | 27.67 |
| 2013 | 26.96 |
| 2014 | 26.30 |
| 2015 | 24.33 |
| 2016 | 24.70 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
