Argentina vs Madagascar: Monthly minimum wage

Argentina
271,571
in 2024
Madagascar
262,880
in 2024
Argentina rank
17th
Madagascar rank
18th

Monthly minimum wage over time

  • Argentina
  • Madagascar
0100.0k200.0k300.0k199520092024

How they compare

Argentina currently reports 271,571 against 262,880 in Madagascar, a difference of 8,691.

The two have swapped places 1 time across 30 shared years of data; in 1995 it was Madagascar ahead.

Argentina ranks 17th and Madagascar ranks 18th of 173 countries.

Madagascar has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Argentina Madagascar Difference Ahead
1990s 200 25,338 25,138 Madagascar
2000s 644 50,560 49,916 Madagascar
2010s 6,459 126,815 120,356 Madagascar
2020s 108,422 193,645 85,222 Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher monthly minimum wage, Argentina or Madagascar?
Argentina, at 271,571 against 262,880 in Madagascar as of 2024.
What is the difference in monthly minimum wage between Argentina and Madagascar?
8,691, with Argentina ahead.
How many years of comparable data are there for Argentina and Madagascar?
30 years are reported by both, from 1995 to 2024.
How do Argentina and Madagascar rank globally for monthly minimum wage?
Argentina ranks 17th and Madagascar ranks 18th of 173 countries.
Where does this data come from?
International Labour Organization, published as Monthly minimum wage. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Argentina vs Madagascar: Monthly minimum wage. Statizoid, drawing on International Labour Organization. Retrieved 23 August 2026, from https://labour.statizoid.com/compare/monthly-minimum-wage/argentina/madagascar/

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About this data

Indicator
Monthly minimum wage
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
173 places, 3,960 data points, 1980–2026
Last refreshed

Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.