Madagascar vs Turkey: Compensation of employees
Compensation of employees over time
- Madagascar
- Turkey
How they compare
Madagascar currently reports 3.92 trillion current LCU against 3.65 trillion current LCU in Turkey, a difference of 263.77 billion current LCU.
That makes Madagascar's figure about 1.1 times Turkey's.
Across all 23 years both countries report, Madagascar has been ahead every year.
Madagascar ranks 22nd and Turkey ranks 23rd of 156 countries.
Madagascar has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Madagascar | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 56.66 billion current LCU | 199.70 million current LCU | 56.46 billion current LCU | Madagascar |
| 2000s | 781.06 billion current LCU | 68.39 billion current LCU | 712.67 billion current LCU | Madagascar |
| 2010s | 1.62 trillion current LCU | 179.20 billion current LCU | 1.44 trillion current LCU | Madagascar |
| 2020s | 3.35 trillion current LCU | 1.46 trillion current LCU | 1.89 trillion current LCU | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Madagascar or Turkey?
- Madagascar, at 3.92 trillion current LCU against 3.65 trillion current LCU in Turkey as of 2024.
- What is the difference in compensation of employees between Madagascar and Turkey?
- 263.77 billion current LCU, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Turkey?
- 23 years are reported by both, from 1990 to 2024.
- How do Madagascar and Turkey rank globally for compensation of employees?
- Madagascar ranks 22nd and Turkey ranks 23rd 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.