Madagascar Unemployment Rate

Unemployment Rate in Madagascar remained unchanged at 1.80 percent in 2017 from 1.80 percent in 2016. Unemployment Rate in Madagascar averaged 3.89 percent from 1991 until 2017, reaching an all time high of 5.80 percent in 1992 and a record low of 0.60 percent in 2012.

Unemployment Rate in Madagascar is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Unemployment Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.

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Madagascar Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	1.80	1.80	5.80	0.60	percent	[+]
Population	25.60	24.89	25.60	5.10	Million	[+]
Wages High Skilled	829600.00	826100.00	829600.00	735300.00	MGA/Month	[+]
Wages Low Skilled	324900.00	382200.00	382200.00	195500.00	MGA/Month	[+]
Living Wage Family	672000.00	672000.00	672000.00	672000.00	MGA/Month	[+]
Living Wage Individual	351100.00	351100.00	351100.00	351100.00	MGA/Month	[+]

In Madagascar, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Madagascar Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Madagascar Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.80	1.80	5.80	0.60	1991 - 2017	percent	Yearly

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Country	Last		Previous	Range
South Africa	27.60	Mar/19	27.1	31.2 : 21.5	%
Spain	14.70	Mar/19	14.45	26.94 : 4.41	%
Turkey	14.70	Feb/19	14.7	14.8 : 7.3	%
Brazil	12.70	Mar/19	12.4	13.7 : 6.2	%
Italy	10.20	Mar/19	10.5	13.1 : 5.8	%
Argentina	9.10	Dec/18	9	20.8 : 5.9	%
France	8.70	Mar/19	8.8	10.7 : 7.2	%
Euro Area	7.70	Mar/19	7.8	12.1 : 7.3	%
Saudi Arabia	6.00	Dec/18	6	6.3 : 4.35	%
Canada	5.70	Apr/19	5.8	13.1 : 2.9	%
Australia	5.20	Apr/19	5.1	11.2 : 4	%
Indonesia	5.01	Mar/19	5.34	11.24 : 2	%
Russia	4.70	Mar/19	4.9	14.1 : 4.5	%
South Korea	4.10	Apr/19	3.8	7.1 : 3	%
United Kingdom	3.80	Mar/19	3.9	12 : 3.4	%
China	3.67	Mar/19	3.8	4.3 : 3.67	%
United States	3.60	Apr/19	3.8	10.8 : 2.5	%
India	3.53	Dec/18	3.52	8.3 : 3.41	%
Netherlands	3.30	Apr/19	3.3	7.9 : 3.3	%
Germany	3.20	Mar/19	3.2	11.5 : 0.4	%
Mexico	3.20	Mar/19	3.3	6.42 : 2.22	%
Japan	2.50	Mar/19	2.3	5.5 : 1	%
Switzerland	2.40	Apr/19	2.5	5.7 : 1.5	%
Singapore	2.20	Mar/19	2.2	6 : 1.4	%