Paraguay - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Paraguay was 19,852,500,000,000 as of 2019. As the graph below shows, over the past 14 years this indicator reached a maximum value of 19,852,500,000,000 in 2019 and a minimum value of 3,943,600,000,000 in 2005.

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
2005 3,943,600,000,000
2006 4,637,400,000,000
2007 5,317,150,000,000
2008 6,331,080,000,000
2009 7,368,530,000,000
2010 8,410,370,000,000
2011 9,847,880,000,000
2012 12,890,700,000,000
2013 13,696,400,000,000
2014 14,980,100,000,000
2015 16,216,900,000,000
2016 16,207,000,000,000
2017 16,980,400,000,000
2018 18,474,100,000,000
2019 19,852,500,000,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Paraguay was 49.66 as of 2019. Its highest value over the past 14 years was 56.76 in 2013, while its lowest value was 48.42 in 2005.

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
2005 48.42
2006 49.56
2007 51.53
2008 54.52
2009 52.77
2010 55.03
2011 53.20
2012 55.75
2013 56.76
2014 56.52
2015 53.21
2016 51.35
2017 53.57
2018 49.67
2019 49.66

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance