Compensation of employees in Madagascar
Madagascar: Compensation of employees was 47.9% in 2023. ▲ Rising
Compensation of employees in Madagascar, 2003–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Madagascar recorded 47.9% for compensation of employees in 2023.
That represents a change of down 11.9% on the previous year and down 7.8% over ten years.
Over the whole period, compensation of employees in Madagascar peaked at 55.3% in 2009 and was at its lowest, 38.9%, in 2004.
That places Madagascar 11th out of 155 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Compensation of employees in Madagascar, year by year
| Year | % of expense | Change |
|---|---|---|
| 2003 | 48.0% | — |
| 2004 | 38.9% | -19.0% |
| 2005 | 40.9% | +5.2% |
| 2006 | 43.0% | +5.1% |
| 2007 | 46.0% | +6.9% |
| 2008 | 43.7% | -5.0% |
| 2009 | 55.3% | +26.5% |
| 2010 | 53.0% | -4.1% |
| 2011 | 50.8% | -4.2% |
| 2012 | 52.3% | +3.1% |
| 2013 | 51.9% | -0.8% |
| 2014 | 48.5% | -6.5% |
| 2015 | 49.3% | +1.5% |
| 2016 | 51.2% | +4.0% |
| 2017 | 45.6% | -11.1% |
| 2018 | 52.5% | +15.3% |
| 2019 | 48.2% | -8.1% |
| 2020 | 48.2% | -0.1% |
| 2021 | 49.2% | +2.1% |
| 2022 | 54.3% | +10.5% |
| 2023 | 47.9% | -11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 45.1% | 38.9% | 55.3% | 7 |
| 2010s | 50.3% | 45.6% | 53.0% | 10 |
| 2020s | 49.9% | 47.9% | 54.3% | 4 |
Countries ranked near Madagascar
More public sector data for Madagascar
- Arms imports 1.00 million SIPRI trend indicator values (2020)
- Arms imports (SIPRI trend indicator values), per capita 0.0345 SIPRI trend indicator values per person (2020)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2020)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2020)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2020)
- Military expenditure (current USD), per capita 3.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0069 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 19.41 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 121.63 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1.72 SIPRI trend indicator values per square kilometre (2020)
Frequently asked questions
- What is compensation of employees in Madagascar?
- Compensation of employees in Madagascar was 47.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Madagascar?
- The highest recorded value was 55.3% in 2009.
- What is the lowest compensation of employees recorded in Madagascar?
- The lowest recorded value was 38.9% in 2004.
- How does Madagascar rank for compensation of employees?
- Madagascar ranks 11th out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Madagascar?
- Over the last ten years it is down 7.8%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (% of expense). Statizoid updates them automatically from the source API.
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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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.