Bank staff expenses as a share of total costs reached 30.8% in 2020 in Madagascar, according to the National Central Bank. This is 6.17% less than in the previous year.
Historically, bank staff expenses as a share of total costs in Madagascar reached an all time high of 34.2% in 2014 and an all time low of 29.0% in 2006.
Madagascar has been ranked 72nd within the group of 83 countries we follow in terms of bank staff expenses as a share of total costs.
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