Thailand | 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
Kingdom of Thailand
Records
63
Source
Thailand | Compensation of employees (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
32.1732988 1972
27.95528363 1973
32.99254895 1974
30.39964195 1975
28.63937001 1976
29.57743643 1977
26.19002704 1978
26.69628795 1979
26.10382975 1980
34.23127744 1981
35.30896343 1982
36.70629596 1983
36.26226666 1984
34.99649529 1985
36.36103028 1986
37.04841358 1987
36.72008416 1988
38.54644033 1989
41.33326593 1990
41.43104463 1991
44.23426522 1992
43.88888589 1993
41.86372242 1994
48.96268473 1995
46.56671138 1996
42.08719203 1997
36.33488391 1998
31.85361832 1999
44.60269827 2000
35.80194306 2001
26.48280501 2002
35.17848881 2003
33.22439543 2004
34.58155642 2005
39.95489232 2006
37.24212832 2007
35.29802524 2008
36.02098833 2009
40.10860328 2010
36.78731929 2011
29.59354395 2012
28.91997439 2013
28.2997305 2014
29.10171982 2015
28.54514628 2016
27.98475653 2017
26.87478449 2018
26.91615347 2019
23.8091104 2020
20.67268079 2021
2022
Thailand | 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
Kingdom of Thailand
Records
63
Source