European Union | 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
European Union
Records
63
Source
European Union | Compensation of employees (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
15.2639107 1978
14.91687343 1979
13.46153846 1980
13.61790678 1981
13.3075237 1982
12.8957529 1983
12.45171571 1984
12.51170436 1985
11.43335639 1986
11.73140568 1987
12.84245236 1988
12.73691151 1989
12.40121293 1990
10.19060381 1991
11.77948761 1992
11.48475374 1993
11.30179966 1994
16.67310327 1995
15.10193198 1996
15.3718786 1997
15.75856195 1998
14.0289812 1999
14.47845565 2000
14.59454053 2001
14.78600734 2002
14.86330667 2003
15.09490036 2004
15.94934113 2005
15.75639337 2006
16.07097087 2007
15.59190429 2008
14.93569999 2009
14.1334754 2010
13.90150736 2011
13.70937111 2012
14.5436482 2013
14.43553951 2014
14.18208504 2015
14.7624954 2016
15.10692043 2017
15.6646427 2018
16.09565547 2019
15.38719724 2020
15.35141585 2021
2022

European Union | 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
European Union
Records
63
Source