South Africa - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in South Africa was 267,992,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 267,992,000,000 in 2019 and a minimum value of 724,000,000 in 1972.

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
1972 724,000,000
1973 842,000,000
1974 1,100,000,000
1975 1,315,000,000
1976 1,530,000,000
1977 1,722,000,000
1978 1,998,000,000
1979 2,387,000,000
1980 3,047,000,000
1981 3,835,000,000
1982 5,079,000,000
1983 5,839,000,000
1984 7,680,000,000
1985 8,565,000,000
1988 15,979,000,000
1989 19,407,000,000
1990 23,581,000,000
1991 28,295,000,000
1992 52,972,000,000
1993 60,314,000,000
1994 42,587,000,000
1995 25,366,000,000
1996 31,146,000,000
1997 33,784,000,000
1998 36,348,000,000
1999 37,916,000,000
2000 40,036,400,000
2001 44,486,000,000
2002 48,396,000,000
2003 53,915,300,000
2004 60,206,000,000
2005 67,286,000,000
2006 73,411,000,000
2007 84,292,000,000
2008 94,937,000,000
2009 108,697,000,000
2010 126,759,000,000
2011 138,721,000,000
2012 155,400,000,000
2013 171,324,000,000
2014 180,266,000,000
2015 205,046,000,000
2016 222,389,000,000
2017 241,171,000,000
2018 255,750,000,000
2019 267,992,000,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in South Africa was 13.85 as of 2019. Its highest value over the past 47 years was 45.26 in 1992, while its lowest value was 13.38 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.

See also:

Year Value
1972 24.85
1973 24.18
1974 24.38
1975 23.52
1976 23.08
1977 23.17
1978 23.40
1979 23.34
1980 24.77
1981 25.03
1982 26.25
1983 24.27
1984 27.12
1985 24.81
1988 26.31
1989 27.40
1990 28.46
1991 30.39
1992 45.26
1993 43.01
1994 30.27
1995 15.61
1996 16.43
1997 16.81
1998 16.74
1999 16.19
2000 15.56
2001 15.67
2002 15.02
2003 14.60
2004 14.23
2005 14.31
2006 13.81
2007 13.77
2008 13.38
2009 13.44
2010 14.51
2011 14.20
2012 14.44
2013 13.95
2014 13.80
2015 14.12
2016 14.75
2017 14.47
2018 13.91
2019 13.85

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance