Micronesia - Compensation of employees
Compensation of employees (current LCU)
The value for Compensation of employees (current LCU) in Micronesia was 23,516,710 as of 2019. As the graph below shows, over the past 11 years this indicator reached a maximum value of 23,516,710 in 2019 and a minimum value of 14,717,580 in 2008.
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 |
|---|---|
| 2008 | 14,717,580 |
| 2009 | 16,950,800 |
| 2010 | 18,021,540 |
| 2011 | 17,852,800 |
| 2012 | 18,339,600 |
| 2013 | 17,908,330 |
| 2014 | 16,971,650 |
| 2015 | 18,206,290 |
| 2016 | 20,693,550 |
| 2017 | 20,277,830 |
| 2018 | 20,810,970 |
| 2019 | 23,516,710 |
Compensation of employees (% of expense)
Compensation of employees (% of expense) in Micronesia was 25.18 as of 2019. Its highest value over the past 11 years was 36.57 in 2011, while its lowest value was 24.07 in 2018.
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 |
|---|---|
| 2008 | 30.70 |
| 2009 | 36.31 |
| 2010 | 36.18 |
| 2011 | 36.57 |
| 2012 | 32.13 |
| 2013 | 31.03 |
| 2014 | 29.37 |
| 2015 | 27.85 |
| 2016 | 28.10 |
| 2017 | 24.95 |
| 2018 | 24.07 |
| 2019 | 25.18 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
