Unemployment Rate in Madagascar decreased to 1.60 percent in 2019 from 1.70 percent in 2018.
Unemployment Rate in Madagascar averaged 3.73 percent from 1991 until 2019, reaching an all time high of 5.80 percent in 1992 and a record low of 0.60 percent in 2012. This page provides - Madagascar Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Madagascar Unemployment Rate - values, historical data and charts - was last updated on August of 2020.
Unemployment Rate in Madagascar is expected to reach 2.90 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Unemployment Rate is projected to trend around 3.40 percent in 2021 and 4.00 percent in 2022, according to our econometric models.