Palau - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Palau was 44,147,000 as of 2019. As the graph below shows, over the past 11 years this indicator reached a maximum value of 44,574,730 in 2018 and a minimum value of 33,386,490 in 2010.

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 34,819,300
2009 34,217,460
2010 33,386,490
2011 34,338,250
2012 34,772,170
2013 35,919,690
2014 36,148,100
2015 37,582,850
2016 40,967,240
2017 42,857,570
2018 44,574,730
2019 44,147,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Palau was 35.51 as of 2019. Its highest value over the past 11 years was 38.01 in 2018, while its lowest value was 30.05 in 2012.

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 34.45
2009 35.58
2010 35.50
2011 32.83
2012 30.05
2013 32.70
2014 32.00
2015 33.48
2016 33.17
2017 35.49
2018 38.01
2019 35.51

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance