Greece - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Greece was 18,615,410,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 27,248,560,000 in 2009 and a minimum value of 138,371,200 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 138,371,200
1973 163,462,900
1974 213,059,400
1975 262,802,600
1976 317,212,000
1977 391,665,400
1978 348,114,500
1979 428,818,800
1980 515,774,000
1981 688,540,000
1982 899,662,500
1983 1,055,671,000
1984 1,483,874,000
1985 1,827,293,000
1986 2,022,333,000
1987 2,314,717,000
1988 2,820,895,000
1989 3,498,078,000
1990 4,230,227,000
1995 8,531,122,000
1996 8,747,558,000
1997 10,698,250,000
1998 11,545,340,000
1999 12,318,640,000
2000 13,318,940,000
2001 14,189,980,000
2002 15,952,260,000
2003 16,978,750,000
2004 19,583,820,000
2005 20,101,970,000
2006 21,095,160,000
2007 22,729,680,000
2008 24,531,000,000
2009 27,248,560,000
2010 24,583,390,000
2011 22,738,470,000
2012 21,506,990,000
2013 18,990,720,000
2014 19,151,620,000
2015 18,833,390,000
2016 18,526,460,000
2017 18,541,160,000
2018 18,557,030,000
2019 18,615,410,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Greece was 21.75 as of 2019. Its highest value over the past 47 years was 57.86 in 1972, while its lowest value was 17.55 in 2013.

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 57.86
1973 53.24
1974 52.48
1975 54.68
1976 49.05
1977 49.31
1978 36.20
1979 36.25
1980 33.90
1981 33.46
1982 24.94
1983 30.19
1984 29.90
1985 29.85
1986 27.81
1987 25.84
1988 26.04
1989 24.22
1990 21.97
1995 21.39
1996 20.02
1997 21.99
1998 21.58
1999 22.03
2000 22.01
2001 21.97
2002 23.24
2003 22.58
2004 23.27
2005 23.49
2006 22.83
2007 22.18
2008 21.47
2009 22.38
2010 21.53
2011 20.40
2012 20.36
2013 17.55
2014 22.07
2015 20.82
2016 22.01
2017 22.03
2018 21.58
2019 21.75

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance