Hungary vs Madagascar: Monthly minimum wage

Hungary
322,800
in 2026
Madagascar
262,880
in 2024
Hungary rank
16th
Madagascar rank
18th

Monthly minimum wage over time

  • Hungary
  • Madagascar
0100.0k200.0k300.0k199520102026

How they compare

Hungary currently reports 322,800 against 262,880 in Madagascar, a difference of 59,920.

That makes Hungary's figure about 1.2 times Madagascar's.

The two have swapped places 5 times across 30 shared years of data; in 1995 it was Madagascar ahead.

Hungary ranks 16th and Madagascar ranks 18th of 173 countries.

Across the 4 decades both report, Hungary averaged higher in 2 and Madagascar in 2.

Head to head by decade

Decade Hungary Madagascar Difference Ahead
1990s 17,140 25,338 8,198 Madagascar
2000s 54,400 50,560 3,840 Hungary
2010s 107,450 126,815 19,365 Madagascar
2020s 205,440 193,645 11,795 Hungary

Averages of every year both report within each decade.

Frequently asked questions

Which has higher monthly minimum wage, Hungary or Madagascar?
Hungary, at 322,800 against 262,880 in Madagascar as of 2026.
What is the difference in monthly minimum wage between Hungary and Madagascar?
59,920, with Hungary ahead.
How many years of comparable data are there for Hungary and Madagascar?
30 years are reported by both, from 1995 to 2024.
How do Hungary and Madagascar rank globally for monthly minimum wage?
Hungary ranks 16th 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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Hungary vs Madagascar: Monthly minimum wage. Statizoid, drawing on International Labour Organization. Retrieved 23 August 2026, from https://labour.statizoid.com/compare/monthly-minimum-wage/hungary/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.