Compensation of employees (as % of total expenses) reached 48.2% in 2020 in Madagascar, according to . This is 0.107% less than in the previous year.
Historically, Compensation of Employees (As % of Total Expenses) in Madagascar reached an all time high of 55.3% in 2009 and an all time low of 38.9% in 2004.
Madagascar has been ranked 6th within the group of 111 countries we follow in terms of Compensation of Employees (As % of Total Expenses).
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