Unemployment Rate in Madagascar remained unchanged at 1.70 percent in 2018 from 1.70 percent in 2017.

Unemployment Rate in Madagascar averaged 3.81 percent from 1991 until 2018, 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.

Unemployment Rate in Madagascar is expected to be 1.80 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 2.30 percent in 2020, according to our econometric models.

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Madagascar Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.70 1.70 5.80 0.60 1991 - 2018 percent Yearly

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.

Madagascar Labour Last Previous Highest Lowest Unit
Unemployment Rate 1.70 1.70 5.80 0.60 percent [+]
Population 26.26 25.57 26.26 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 [+]