Lower middle income vs Madagascar: Compensation of employees

Lower middle income
32.6%
in 2021
Madagascar
47.9%
in 2023
Lower middle income rank
10th
Madagascar rank
11th

Compensation of employees over time

  • Lower middle income
  • Madagascar
0204060200320132023

How they compare

Madagascar currently reports 47.9% against 32.6% in Lower middle income, a difference of 15.3%.

That makes Madagascar's figure about 1.5 times Lower middle income's.

Across all 14 years both countries report, Madagascar has been ahead every year.

Lower middle income ranks 10th and Madagascar ranks 11th of 41 groups.

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

Head to head by decade

Decade Lower middle income Madagascar Difference Ahead
2000s 38.5% 47.1% 8.6% Madagascar
2010s 36.1% 50.3% 14.3% Madagascar
2020s 33.6% 48.7% 15.1% Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher compensation of employees, Lower middle income or Madagascar?
Madagascar, at 47.9% against 32.6% in Lower middle income as of 2023.
What is the difference in compensation of employees between Lower middle income and Madagascar?
15.3%, with Madagascar ahead.
How many years of comparable data are there for Lower middle income and Madagascar?
14 years are reported by both, from 2004 to 2021.
How do Lower middle income and Madagascar rank globally for compensation of employees?
Lower middle income ranks 10th 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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Lower middle income 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/lower-middle-income/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.