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
0500.0B1.0T1.5T199020072024

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.

Individual pages

About this data

Indicator
Compensation of employees (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,496 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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.