Malawi vs Philippines: Compensation of employees
Malawi
1.33 trillion current LCU
in 2024
Philippines
1.53 trillion current LCU
in 2024
Malawi rank
29th
Philippines rank
28th
Compensation of employees over time
- Malawi
- Philippines
How they compare
Philippines currently reports 1.53 trillion current LCU against 1.33 trillion current LCU in Malawi, a difference of 201.45 billion current LCU.
That makes Philippines's figure about 1.2 times Malawi's.
Across all 16 years both countries report, Philippines has been ahead every year.
Globally, Malawi ranks 29th and Philippines ranks 28th of 156 countries.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.