Malawi vs Philippines: Compensation of employees

Malawi
1.33 trillion current LCU
in 2024
Philippines
1.53 trillion current LCU
in 2024
Malawi rank
29th
Philippines rank
28th

Compensation of employees over time

  • Malawi
  • Philippines
0500.0B1.0T1.5T199020072024

How they compare

Philippines currently reports 1.53 trillion current LCU against 1.33 trillion current LCU in Malawi, a difference of 201.45 billion current LCU.

That makes Philippines's figure about 1.2 times Malawi's.

Across all 16 years both countries report, Philippines has been ahead every year.

Malawi ranks 29th and Philippines ranks 28th of 156 countries.

Philippines has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Malawi Philippines Difference Ahead
2000s 37.59 billion current LCU 432.02 billion current LCU 394.43 billion current LCU Philippines
2010s 182.87 billion current LCU 699.61 billion current LCU 516.74 billion current LCU Philippines
2020s 829.36 billion current LCU 1.36 trillion current LCU 533.48 billion current LCU Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher compensation of employees, Malawi or Philippines?
Philippines, at 1.53 trillion current LCU against 1.33 trillion current LCU in Malawi as of 2024.
What is the difference in compensation of employees between Malawi and Philippines?
201.45 billion current LCU, with Philippines ahead.
How many years of comparable data are there for Malawi and Philippines?
16 years are reported by both, from 2009 to 2024.
How do Malawi and Philippines rank globally for compensation of employees?
Malawi ranks 29th and Philippines ranks 28th 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.

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Malawi vs Philippines: Compensation of employees. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 22 August 2026, from https://public-sector.statizoid.com/compare/compensation-of-employees-current-lcu/malawi/philippines/

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About this data

Indicator
Compensation of employees (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,496 data points, 1972–2024
Last refreshed

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.