South Africa | 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 South Africa
Records
63
Source
South Africa | Compensation of employees (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
24.8455731 1972
24.18150488 1973
24.37943262 1974
23.52415027 1975
23.07692308 1976
23.17319338 1977
23.39578454 1978
23.34017796 1979
24.76833035 1980
25.03427117 1981
26.24941857 1982
24.26849543 1983
27.12343281 1984
24.81242214 1985
1986
1987
26.31197616 1988
27.39785978 1989
28.46262478 1990
30.39433685 1991
45.26399439 1992
43.01168819 1993
30.27009738 1994
15.60734898 1995
16.42578573 1996
16.81032703 1997
16.73789682 1998
16.18745963 1999
15.5576142 2000
15.67484717 2001
15.01983154 2002
14.60411595 2003
14.23117925 2004
14.30691638 2005
13.8063526 2006
13.77277503 2007
13.37581682 2008
13.26166972 2009
14.19138142 2010
13.37892659 2011
14.19851537 2012
14.18432482 2013
14.06367584 2014
14.08337904 2015
14.91858188 2016
14.67175306 2017
14.33123596 2018
14.18367792 2019
13.19856418 2020
13.59597848 2021
2022
South Africa | 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 South Africa
Records
63
Source