Madagascar Unemployment Rate  Forecast


Unemployment Rate in Madagascar is expected to be 2.10 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 3.10 percent in 2020, according to our econometric models.


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Madagascar Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 2.13 2.1 2.2 2.3 2.5 3.1
Population 24.89 25.55 25.72 25.89 26.06 27.61
Living Wage Family 571441 583360 591544 585569 589931 587982
Living Wage Individual 354206 359181 359352 359285 359311 359304
Wages High Skilled 836900 633940 633621 633484 633425 633380
Wages Low Skilled 303900 252780 252780 252780 252780 252780