Finland | Compensation of employees (current LCU)

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
Republic of Finland
Records
63
Source
Finland | Compensation of employees (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 318547932.7181
1973 364463236.64209
1974 454948341.07839
1975 582602977.26267
1976 680151974.61035
1977 731953855.9605
1978 794183388.75126
1979 895264332.55462
1980 1014845948.2688
1981 1174792666.3337
1982 1360976700.9265
1983 1457180194.8625
1984 1591730536.0317
1985 1734522085.5976
1986 1834257525.9892
1987 2059292971.5947
1988 2330411909.0507
1989 2496245204.5417
1990 2614144940.9913
1991 2790574075.8494
1992 2780987364.0411
1993 2674524406.591
1994 2608931115.271
1995 3904213360.6992
1996 3897798222.2192
1997 3878298998.7954
1998 4135696840.4898
1999 4247510159.3313
2000 4395718944.8355
2001 4499724714.7107
2002 4704972745.0274
2003 4948997991.4797
2004 5082582069.5662
2005 5268425274.1359
2006 5368115609.5854
2007 5521133498.83
2008 5864278341.1545
2009 6120671938.9793
2010 6169443936.9266
2011 6277035058.0409
2012 6442743764.9187
2013 6740603202.5285
2014 6767878753.8123
2015 6733704701.5336
2016 6518213710.9841
2017 6378990533.6039
2018 6779511497.8745
2019 7106519326.8029
2020 7388507997.3774
2021 7753011547.44
2022

Finland | Compensation of employees (current LCU)

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
Republic of Finland
Records
63
Source