Compensation of Employees (Local Currency) reached 6.26 MDL bil in 2017 in Moldova. This is 21 % more than in the previous year.
Historically, Compensation of Employees (Local Currency) in Moldova reached an all time high of 6.26 MDL bil in 2017 and an all time low of 0.233 MDL bil in 1998. When compared to Moldova's main peers, Compensation of Employees (Local Currency) in Bulgaria amounted to 6.17 BGN bil, 48.2 RON bil in Romania, 3,634 RUB bil in Russia and 140 UAH bil in Ukraine in 2017.
Moldova has been ranked 83rd within the group of 105 countries we follow in terms of Compensation of Employees (Local Currency), 16 places above the position seen 10 years ago.
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.
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