Honduras vs Madagascar: Compensation of employees

Honduras
48.6%
in 2020
Madagascar
47.9%
in 2023
Honduras rank
8th
Madagascar rank
11th

Compensation of employees over time

  • Honduras
  • Madagascar
0204060197219972023

How they compare

Honduras currently reports 48.6% against 47.9% in Madagascar, a difference of 0.7%.

The two have swapped places 4 times across 14 shared years of data; in 2003 it was Honduras ahead.

Honduras ranks 8th and Madagascar ranks 11th of 155 countries.

Across the 3 decades both report, Honduras averaged higher in 2 and Madagascar in 1.

Head to head by decade

Decade Honduras Madagascar Difference Ahead
2000s 50.7% 45.1% 5.6% Honduras
2010s 49.0% 51.0% 1.9% Madagascar
2020s 48.6% 48.2% 0.4% Honduras

Averages of every year both report within each decade.

Frequently asked questions

Which has higher compensation of employees, Honduras or Madagascar?
Honduras, at 48.6% against 47.9% in Madagascar as of 2020.
What is the difference in compensation of employees between Honduras and Madagascar?
0.7%, with Honduras ahead.
How many years of comparable data are there for Honduras and Madagascar?
14 years are reported by both, from 2003 to 2020.
How do Honduras and Madagascar rank globally for compensation of employees?
Honduras ranks 8th and Madagascar ranks 11th of 155 countries.
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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Honduras vs Madagascar: Compensation of employees. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 07 September 2026, from https://public-sector.statizoid.com/compare/compensation-of-employees-percent-of-expense/honduras/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.