Unemployment Rate in Madagascar decreased to 3 percent in 2024 from 3.10 percent in 2023. Unemployment Rate in Madagascar averaged 3.91 percent from 1991 until 2024, reaching an all time high of 6.30 percent in 1992 and a record low of 0.60 percent in 2012. source: International Labour Organization (ILO)

Unemployment Rate in Madagascar is expected to reach 3.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Unemployment Rate is projected to trend around 2.90 percent in 2026 and 2.80 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Minimum Wages 262680.00 262680.00 MGA/Month Jan 2026
Population 31.96 30.30 Million Dec 2024
Unemployment Rate 3.00 3.10 percent Dec 2024


Madagascar Unemployment Rate
In Madagascar, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.10 6.30 0.60 1991 - 2024 percent Yearly