Monthly minimum wage (Local currency), per capita in Madagascar

Madagascar: Monthly minimum wage (Local currency), per capita was 0.0082 units per person in 2024. ▲ Rising

Latest (2024)
0.0082 units per person
Change on year
up 38.9%
World rank
42nd
of 170 countries
All-time high
0.0082 units per person
in 2024
All-time low
0.0016 units per person
in 1995
Years of data
30
1995–2024

Monthly minimum wage (Local currency), per capita in Madagascar, 1995–2024

0.0020.0040.0060.0081995200920241995: 0.002 units per person1996: 0.002 units per person1997: 0.002 units per person1998: 0.002 units per person1999: 0.002 units per person2000: 0.002 units per person2001: 0.002 units per person2002: 0.002 units per person2003: 0.002 units per person2004: 0.003 units per person2005: 0.003 units per person2006: 0.003 units per person2007: 0.003 units per person2008: 0.003 units per person2009: 0.003 units per person2010: 0.003 units per person2011: 0.004 units per person2012: 0.004 units per person2013: 0.004 units per person2014: 0.005 units per person2015: 0.005 units per person2016: 0.006 units per person2017: 0.006 units per person2018: 0.006 units per person2019: 0.006 units per person2020: 0.006 units per person2021: 0.006 units per person2022: 0.006 units per person2023: 0.006 units per person2024: 0.008 units per person

Source: Statizoid (derived). Measured in units per person.

Analysis

Madagascar recorded 0.0082 units per person for monthly minimum wage (local currency), per capita in 2024. That is the highest value across all 30 years on record.

That represents a change of up 38.9% on the previous year and up 63.9% over ten years.

Over the whole period, monthly minimum wage (local currency), per capita in Madagascar peaked at 0.0082 units per person in 2024 and was at its lowest, 0.0016 units per person, in 1995.

Madagascar ranks 42nd of 170 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 30 years of available data.

Monthly minimum wage (Local currency), per capita in Madagascar, year by year

Annual values for Monthly minimum wage (Local currency), per capita in Madagascar, 1995 to 2024.
Year units per person Change
1995 0.0016 units per person
1996 0.0017 units per person +6.5%
1997 0.0016 units per person -3.2%
1998 0.0018 units per person +11.3%
1999 0.0017 units per person -3.2%
2000 0.0019 units per person +10.9%
2001 0.0021 units per person +9.0%
2002 0.0021 units per person -2.9%
2003 0.0022 units per person +7.8%
2004 0.0027 units per person +22.9%
2005 0.0026 units per person -2.9%
2006 0.0029 units per person +8.8%
2007 0.0031 units per person +8.8%
2008 0.0033 units per person +7.0%
2009 0.0032 units per person -2.9%
2010 0.0035 units per person +6.9%
2011 0.004 units per person +13.8%
2012 0.0043 units per person +7.8%
2013 0.0045 units per person +5.1%
2014 0.005 units per person +12.0%
2015 0.0052 units per person +4.3%
2016 0.0055 units per person +5.5%
2017 0.0058 units per person +5.2%
2018 0.0061 units per person +5.3%
2019 0.006 units per person -2.6%
2020 0.0058 units per person -2.5%
2021 0.0057 units per person -2.5%
2022 0.0061 units per person +7.2%
2023 0.0059 units per person -2.4%
2024 0.0082 units per person +38.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0017 units per person 0.0016 units per person 0.0018 units per person 5
2000s 0.0026 units per person 0.0019 units per person 0.0033 units per person 10
2010s 0.005 units per person 0.0035 units per person 0.0061 units per person 10
2020s 0.0063 units per person 0.0057 units per person 0.0082 units per person 5

Countries ranked near Madagascar

  1. 39 Serbia 0.0111 units per person compare
  2. 40 Grenada 0.0102 units per person compare
  3. 41 Guinea-Bissau 0.0086 units per person compare
  4. 43 Iraq 0.0076 units per person compare
  5. 44 Central African Republic 0.0066 units per person compare
  6. 45 Suriname 0.0066 units per person compare

See the full ranking of 170 places →

More work & labour data for Madagascar

All data for Madagascar →

Frequently asked questions

What is monthly minimum wage (local currency), per capita in Madagascar?
Monthly minimum wage (local currency), per capita in Madagascar was 0.0082 units per person in 2024, according to Statizoid (derived).
What is the highest monthly minimum wage (local currency), per capita recorded in Madagascar?
The highest recorded value was 0.0082 units per person in 2024.
What is the lowest monthly minimum wage (local currency), per capita recorded in Madagascar?
The lowest recorded value was 0.0016 units per person in 1995.
How does Madagascar rank for monthly minimum wage (local currency), per capita?
Madagascar ranks 42nd out of 170 countries with data for 2024.
Is monthly minimum wage (local currency), per capita rising or falling in Madagascar?
Over the last ten years it is up 63.9%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), per capita. Statizoid updates them automatically from the source API.

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Monthly minimum wage (Local currency), per capita in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency-per-capita/madagascar/

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How this figure is calculated

Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Monthly minimum wage (Local currency) ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Monthly minimum wage (Local currency), per capita
Unit
units per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 3,872 data points, 1980–2025
Last refreshed

Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.