India - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in India was 2,669,180,000,000 as of 2018. As the graph below shows, over the past 44 years this indicator reached a maximum value of 2,669,180,000,000 in 2018 and a minimum value of 16,200,000,000 in 1974.

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
1974 16,200,000,000
1975 18,560,000,000
1976 18,350,000,000
1977 19,020,000,000
1978 20,210,000,000
1979 21,680,000,000
1980 24,580,000,000
1981 27,910,000,000
1982 32,230,000,000
1983 37,520,000,000
1984 44,830,000,000
1985 50,940,000,000
1986 64,360,000,000
1987 74,960,000,000
1988 84,280,000,000
1989 90,820,000,000
1990 99,700,000,000
1991 110,690,000,000
1992 126,240,000,000
1993 133,570,000,000
1994 144,970,000,000
1995 170,360,000,000
1996 195,490,000,000
1997 265,460,000,000
1998 293,910,000,000
1999 321,580,000,000
2000 338,640,000,000
2001 332,290,000,000
2002 388,810,000,000
2003 391,580,000,000
2004 428,040,000,000
2005 464,730,000,000
2006 493,430,000,000
2007 528,370,000,000
2008 815,920,000,000
2009 1,140,880,000,000
2010 1,119,120,000,000
2011 1,119,120,000,000
2012 1,386,820,000,000
2013 1,519,270,000,000
2014 1,785,670,000,000
2015 1,754,730,000,000
2016 2,263,430,000,000
2017 2,523,250,000,000
2018 2,669,180,000,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in India was 9.02 as of 2018. Its highest value over the past 44 years was 23.37 in 1974, while its lowest value was 7.07 in 2007.

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
1974 23.37
1975 21.54
1976 18.80
1977 17.40
1978 15.92
1979 14.25
1980 14.28
1981 14.20
1982 13.94
1983 13.80
1984 13.53
1985 12.45
1986 13.18
1987 13.14
1988 12.65
1989 11.53
1990 11.18
1991 10.90
1992 10.97
1993 10.07
1994 9.66
1995 9.92
1996 9.95
1997 11.77
1998 11.51
1999 10.93
2000 10.27
2001 9.23
2002 9.72
2003 9.00
2004 8.88
2005 8.43
2006 7.64
2007 7.07
2008 8.59
2009 10.63
2010 8.88
2011 8.84
2012 8.63
2013 8.13
2014 9.68
2015 8.42
2016 9.63
2017 9.46
2018 9.02

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance