Sri Lanka - Compensation of employees

Compensation of employees (current LCU)

The value for Compensation of employees (current LCU) in Sri Lanka was 686,452,000,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 686,452,000,000 in 2019 and a minimum value of 15,748,000,000 in 1990.

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
1990 15,748,000,000
1991 17,985,000,000
1992 20,793,000,000
1993 25,971,000,000
1994 29,309,000,000
1995 34,909,000,000
1996 38,332,000,000
1997 44,676,000,000
1998 53,880,000,000
1999 58,532,000,000
2000 68,544,000,000
2001 78,056,000,000
2002 88,804,000,000
2003 91,784,000,000
2004 106,187,000,000
2005 138,603,000,000
2006 175,031,000,000
2007 214,160,000,000
2008 239,078,000,000
2009 271,229,000,000
2010 300,558,000,000
2011 319,601,000,000
2012 347,747,000,000
2013 393,228,000,000
2014 440,982,000,000
2015 561,730,000,000
2016 576,471,000,000
2017 588,518,000,000
2018 626,045,000,000
2019 686,452,000,000

Compensation of employees (% of expense)

Compensation of employees (% of expense) in Sri Lanka was 27.08 as of 2019. Its highest value over the past 29 years was 29.85 in 2007, while its lowest value was 18.93 in 1991.

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
1990 19.87
1991 18.93
1992 20.39
1993 22.76
1994 20.83
1995 20.14
1996 19.98
1997 21.98
1998 24.32
1999 24.94
2000 23.71
2001 23.29
2002 24.51
2003 24.59
2004 24.52
2005 27.98
2006 28.16
2007 29.85
2008 28.21
2009 26.76
2010 27.81
2011 27.39
2012 25.67
2013 27.95
2014 28.81
2015 28.42
2016 28.73
2017 26.68
2018 26.68
2019 27.08

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance