Finland | 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
Republic of Finland
Records
63
Source
Finland | Compensation of employees (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
14.9972286 1972
14.65476432 1973
13.67819579 1974
12.93019784 1975
12.94494238 1976
12.31361231 1977
12.08785583 1978
11.82363394 1979
11.88286496 1980
11.95079387 1981
11.75376928 1982
10.86612988 1983
11.02593378 1984
10.7072406 1985
10.35687831 1986
10.58803182 1987
11.0041615 1988
10.8120315 1989
10.20759314 1990
9.32606374 1991
8.38348552 1992
7.44695299 1993
7.11063845 1994
8.14667674 1995
8.50305022 1996
8.68075072 1997
9.14208595 1998
9.16933307 1999
9.50158646 2000
9.35532603 2001
9.23285925 2002
9.34584355 2003
9.25435092 2004
9.22327213 2005
9.05735913 2006
9.04199653 2007
9.04604307 2008
8.81052532 2009
8.54316131 2010
8.36848744 2011
8.23901348 2012
8.22907901 2013
8.06640933 2014
7.88019415 2015
7.57025157 2016
7.43801513 2017
7.76265128 2018
8.00355812 2019
7.52462853 2020
7.76333679 2021
2022
Finland | 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
Republic of Finland
Records
63
Source