Euro area | Compensation of employees (% of expense)

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. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Euro area
Records
63
Source
Euro area | Compensation of employees (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973 18.72022408
1974 17.77101381
1975 15.60616209
1976 14.90850377
1977 15.69250966
1978 15.30504336
1979 15.16441413
1980 17.05836501
1981 19.81697939
1982 19.3758551
1983 19.03307595
1984 18.82186171
1985 18.42246119
1986 15.27932133
1987 15.21308587
1988 15.1723213
1989 15.38582244
1990 13.63129519
1991 10.19060381
1992 12.26578282
1993 12.11720529
1994 12.52477956
1995 16.88477936
1996 16.97184115
1997 16.20112553
1998 16.61745672
1999 16.68380108
2000 15.64353459
2001 16.35222088
2002 18.01391399
2003 16.90424388
2004 16.79467709
2005 18.17999513
2006 17.53368754
2007 17.41465916
2008 17.16277246
2009 15.93355933
2010 14.2667279
2011 14.7316638
2012 15.21415125
2013 14.5436482
2014 15.96521287
2015 16.05960972
2016 16.28182824
2017 16.55575126
2018 16.25137798
2019 16.3049171
2020 15.38719724
2021 15.66208179
2022

Euro area | Compensation of employees (% of expense)

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. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Euro area
Records
63
Source