Finland - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Finland was 7,126,160,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 7,126,160,000 in 2019 and a minimum value of 318,547,900 in 1972.

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
1972 318,547,900
1973 364,463,200
1974 454,948,400
1975 582,603,000
1976 680,152,000
1977 731,953,900
1978 794,183,400
1979 895,264,300
1980 1,014,846,000
1981 1,174,793,000
1982 1,360,977,000
1983 1,457,180,000
1984 1,591,731,000
1985 1,734,522,000
1986 1,834,258,000
1987 2,059,293,000
1988 2,330,412,000
1989 2,496,245,000
1990 2,614,145,000
1991 2,790,574,000
1992 2,780,987,000
1993 2,674,524,000
1994 2,608,931,000
1995 3,904,213,000
1996 3,897,798,000
1997 3,878,299,000
1998 4,135,697,000
1999 4,247,510,000
2000 4,395,719,000
2001 4,499,725,000
2002 4,704,973,000
2003 4,948,998,000
2004 5,082,582,000
2005 5,268,425,000
2006 5,368,116,000
2007 5,521,134,000
2008 5,864,279,000
2009 6,120,672,000
2010 6,169,444,000
2011 6,277,035,000
2012 6,442,744,000
2013 6,740,603,000
2014 6,767,879,000
2015 6,733,705,000
2016 6,518,214,000
2017 6,378,991,000
2018 6,751,194,000
2019 7,126,160,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Finland was 8.01 as of 2019. Its highest value over the past 47 years was 15.00 in 1972, while its lowest value was 7.11 in 1994.

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 15.00
1973 14.65
1974 13.68
1975 12.93
1976 12.94
1977 12.31
1978 12.09
1979 11.82
1980 11.88
1981 11.95
1982 11.75
1983 10.87
1984 11.03
1985 10.71
1986 10.36
1987 10.59
1988 11.00
1989 10.81
1990 10.21
1991 9.33
1992 8.38
1993 7.45
1994 7.11
1995 8.15
1996 8.50
1997 8.68
1998 9.14
1999 9.17
2000 9.50
2001 9.36
2002 9.23
2003 9.35
2004 9.25
2005 9.22
2006 9.06
2007 9.04
2008 9.05
2009 8.81
2010 8.54
2011 8.37
2012 8.24
2013 8.23
2014 8.07
2015 7.88
2016 7.57
2017 7.44
2018 7.74
2019 8.01

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance