Madagascar Unemployment Rate  Forecast


Madagascar Unemployment Rate
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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.


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 573900 573900 573900 573900 573900 573900
Living Wage Individual 287200 287200 287200 287200 287200 287200
Wages High Skilled 815000 790141 794254 796311 798368 790590
Wages Low Skilled 375500 299391 285898 279152 272406 296982