Lower middle income - Compensation of employees

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Lower middle income was 30.97 as of 2018. Its highest value over the past 16 years was 37.46 in 2002, while its lowest value was 29.49 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
2002 37.46
2003 35.90
2004 35.75
2009 35.49
2010 35.19
2011 32.36
2012 34.67
2013 29.49
2014 32.75
2015 32.97
2016 32.18
2017 30.55
2018 30.97

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance