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
18.72022408 1973
17.77101381 1974
15.60616209 1975
14.90850377 1976
15.69250966 1977
15.30504336 1978
15.16441413 1979
17.05836501 1980
19.81697939 1981
19.3758551 1982
19.03307595 1983
18.82186171 1984
18.42246119 1985
15.27932133 1986
15.21308587 1987
15.1723213 1988
15.38582244 1989
13.63129519 1990
10.19060381 1991
12.26578282 1992
12.11720529 1993
12.52477956 1994
16.88477936 1995
16.97184115 1996
16.20112553 1997
16.61745672 1998
16.68380108 1999
15.64353459 2000
16.35222088 2001
18.01391399 2002
16.90424388 2003
16.79467709 2004
18.17999513 2005
17.53368754 2006
17.41465916 2007
17.16277246 2008
15.93355933 2009
14.2667279 2010
14.7316638 2011
15.21415125 2012
14.5436482 2013
15.96521287 2014
16.05960972 2015
16.28182824 2016
16.55575126 2017
16.25137798 2018
16.3049171 2019
15.38719724 2020
15.66208179 2021
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