India vs Madagascar: Compensation of employees
Compensation of employees over time
- India
- Madagascar
How they compare
India currently reports 4.32 trillion current LCU against 3.92 trillion current LCU in Madagascar, a difference of 405.57 billion current LCU.
That makes India's figure about 1.1 times Madagascar's.
The two have swapped places 2 times across 23 shared years of data; in 1990 it was India ahead.
India ranks 21st and Madagascar ranks 22nd of 156 countries.
India has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | India | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 130.92 billion current LCU | 56.66 billion current LCU | 74.26 billion current LCU | India |
| 2000s | 608.99 billion current LCU | 583.58 billion current LCU | 25.41 billion current LCU | India |
| 2010s | 1.79 trillion current LCU | 1.52 trillion current LCU | 274.52 billion current LCU | India |
| 2020s | 4.32 trillion current LCU | 3.39 trillion current LCU | 933.30 billion current LCU | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, India or Madagascar?
- India, at 4.32 trillion current LCU against 3.92 trillion current LCU in Madagascar as of 2022.
- What is the difference in compensation of employees between India and Madagascar?
- 405.57 billion current LCU, with India ahead.
- How many years of comparable data are there for India and Madagascar?
- 23 years are reported by both, from 1990 to 2022.
- How do India and Madagascar rank globally for compensation of employees?
- India ranks 21st and Madagascar ranks 22nd of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Compensation of employees (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.