Heavily indebted poor countries (HIPC) vs Madagascar: Compensation of employees

Heavily indebted poor countries (HIPC)
34.5%
in 2021
Madagascar
47.9%
in 2023
Heavily indebted poor countries (HIPC) rank
8th
Madagascar rank
11th

Compensation of employees over time

  • Heavily indebted poor countries (HIPC)
  • Madagascar
0204060200320132023

How they compare

Madagascar currently reports 47.9% against 34.5% in Heavily indebted poor countries (HIPC), a difference of 13.4%.

That makes Madagascar's figure about 1.4 times Heavily indebted poor countries (HIPC)'s.

Across all 11 years both countries report, Madagascar has been ahead every year.

Heavily indebted poor countries (HIPC) ranks 8th and Madagascar ranks 11th of 41 groups.

Madagascar has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Heavily indebted poor countries (HIPC) Madagascar Difference Ahead
2010s 37.3% 50.3% 13.0% Madagascar
2020s 36.6% 48.7% 12.1% Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher compensation of employees, Heavily indebted poor countries (HIPC) or Madagascar?
Madagascar, at 47.9% against 34.5% in Heavily indebted poor countries (HIPC) as of 2023.
What is the difference in compensation of employees between Heavily indebted poor countries (HIPC) and Madagascar?
13.4%, with Madagascar ahead.
How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Madagascar?
11 years are reported by both, from 2010 to 2021.
How do Heavily indebted poor countries (HIPC) and Madagascar rank globally for compensation of employees?
Heavily indebted poor countries (HIPC) ranks 8th and Madagascar ranks 11th of 41 groups.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Compensation of employees (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Heavily indebted poor countries (HIPC) vs Madagascar: Compensation of employees. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 10 September 2026, from https://public-sector.statizoid.com/compare/compensation-of-employees-percent-of-expense/heavily-indebted-poor-countries-hipc/madagascar/

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About this data

Indicator
Compensation of employees (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
196 places, 5,286 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.