Mongolia - Compensation of employees
Compensation of employees (current LCU)
The value for Compensation of employees (current LCU) in Mongolia was 1,245,760,000,000 as of 2018. As the graph below shows, over the past 26 years this indicator reached a maximum value of 1,245,760,000,000 in 2018 and a minimum value of 729,000,000 in 1992.
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 |
|---|---|
| 1992 | 729,000,000 |
| 1993 | 2,699,000,000 |
| 1994 | 5,916,000,000 |
| 1995 | 9,264,000,000 |
| 1996 | 12,620,000,000 |
| 1997 | 15,742,000,000 |
| 1998 | 20,237,000,000 |
| 1999 | 25,689,000,000 |
| 2000 | 34,748,000,000 |
| 2001 | 35,473,000,000 |
| 2002 | 47,814,480,000 |
| 2003 | 132,914,000,000 |
| 2006 | 227,996,000,000 |
| 2007 | 275,941,000,000 |
| 2008 | 544,953,000,000 |
| 2009 | 579,562,000,000 |
| 2010 | 652,703,000,000 |
| 2011 | 801,580,000,000 |
| 2012 | 1,197,180,000,000 |
| 2013 | 831,384,000,000 |
| 2014 | 950,067,000,000 |
| 2015 | 1,038,730,000,000 |
| 2016 | 1,058,540,000,000 |
| 2017 | 1,201,450,000,000 |
| 2018 | 1,245,760,000,000 |
Compensation of employees (% of expense)
Compensation of employees (% of expense) in Mongolia was 16.99 as of 2018. Its highest value over the past 26 years was 33.24 in 2009, while its lowest value was 7.79 in 1992.
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 |
|---|---|
| 1992 | 7.79 |
| 1993 | 8.11 |
| 1994 | 10.88 |
| 1995 | 12.18 |
| 1996 | 12.83 |
| 1997 | 10.33 |
| 1998 | 11.66 |
| 1999 | 12.57 |
| 2000 | 12.68 |
| 2001 | 11.56 |
| 2002 | 14.21 |
| 2003 | 29.54 |
| 2006 | 24.25 |
| 2007 | 23.99 |
| 2008 | 32.65 |
| 2009 | 33.24 |
| 2010 | 29.21 |
| 2011 | 24.91 |
| 2012 | 26.50 |
| 2013 | 18.32 |
| 2014 | 18.01 |
| 2015 | 18.66 |
| 2016 | 16.14 |
| 2017 | 18.10 |
| 2018 | 16.99 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
