Malawi - Compensation of employees
Compensation of employees (current LCU)
The value for Compensation of employees (current LCU) in Malawi was 473,624,000,000 as of 2020. As the graph below shows, over the past 11 years this indicator reached a maximum value of 473,624,000,000 in 2020 and a minimum value of 37,595,000,000 in 2009.
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 |
|---|---|
| 2009 | 37,595,000,000 |
| 2010 | 44,791,910,000 |
| 2011 | 58,091,700,000 |
| 2012 | 70,177,800,000 |
| 2013 | 97,165,780,000 |
| 2014 | 140,026,000,000 |
| 2015 | 196,930,000,000 |
| 2016 | 226,174,000,000 |
| 2017 | 265,128,000,000 |
| 2018 | 331,358,000,000 |
| 2019 | 398,846,000,000 |
| 2020 | 473,624,000,000 |
Compensation of employees (% of expense)
Compensation of employees (% of expense) in Malawi was 32.55 as of 2020. Its highest value over the past 11 years was 33.12 in 2015, while its lowest value was 18.84 in 2009.
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 |
|---|---|
| 2009 | 18.84 |
| 2010 | 23.14 |
| 2011 | 25.44 |
| 2012 | 27.05 |
| 2013 | 25.55 |
| 2014 | 26.62 |
| 2015 | 33.12 |
| 2016 | 32.30 |
| 2017 | 30.65 |
| 2018 | 30.69 |
| 2019 | 32.84 |
| 2020 | 32.55 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
