Monthly minimum wage in Madagascar
Madagascar: Monthly minimum wage was 262,880 in 2024. ◆ Volatile
Monthly minimum wage in Madagascar, 1995–2024
Source: International Labour Organization.
Analysis
In 2024, monthly minimum wage in Madagascar stood at 262,880. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 42.4% on the previous year and up 111.6% over ten years.
Over the whole period, monthly minimum wage in Madagascar peaked at 262,880 in 2024 and was at its lowest, 22,110, in 1995.
Madagascar ranks 18th of 173 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 22,110 | — |
| 1996 | 24,318 | +10.0% |
| 1997 | 24,318 | +0.0% |
| 1998 | 27,972 | +15.0% |
| 1999 | 27,972 | +0.0% |
| 2000 | 32,031 | +14.5% |
| 2001 | 36,018 | +12.4% |
| 2002 | 36,018 | +0.0% |
| 2003 | 40,000 | +11.1% |
| 2004 | 50,612 | +26.5% |
| 2005 | 50,612 | +0.0% |
| 2006 | 56,714 | +12.1% |
| 2007 | 63,543 | +12.0% |
| 2008 | 70,025 | +10.2% |
| 2009 | 70,025 | +0.0% |
| 2010 | 77,063 | +10.0% |
| 2011 | 90,236 | +17.1% |
| 2012 | 100,011 | +10.8% |
| 2013 | 108,019 | +8.0% |
| 2014 | 124,243 | +15.0% |
| 2015 | 133,013 | +7.1% |
| 2016 | 144,003 | +8.3% |
| 2017 | 155,523 | +8.0% |
| 2018 | 168,019 | +8.0% |
| 2019 | 168,019 | +0.0% |
| 2020 | 168,019 | +0.0% |
| 2021 | 168,019 | +0.0% |
| 2022 | 184,653 | +9.9% |
| 2023 | 184,653 | +0.0% |
| 2024 | 262,880 | +42.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25,338 | 22,110 | 27,972 | 5 |
| 2000s | 50,560 | 32,031 | 70,025 | 10 |
| 2010s | 126,815 | 77,063 | 168,019 | 10 |
| 2020s | 193,645 | 168,019 | 262,880 | 5 |
Countries ranked near Madagascar
More work & labour data for Madagascar
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.445 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.4265 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.4632 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate 0.3514 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 2.93 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 31,158 1000 No (2050)
- Population - Est. & Proj. — Rural population 22,645 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 43,120 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 42,221 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 85,341 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage in Madagascar?
- Monthly minimum wage in Madagascar was 262,880 in 2024, according to International Labour Organization.
- What is the highest monthly minimum wage recorded in Madagascar?
- The highest recorded value was 262,880 in 2024.
- What is the lowest monthly minimum wage recorded in Madagascar?
- The lowest recorded value was 22,110 in 1995.
- How does Madagascar rank for monthly minimum wage?
- Madagascar ranks 18th out of 173 countries with data for 2024.
- Is monthly minimum wage rising or falling in Madagascar?
- Over the last ten years it is up 111.6%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Labour Organization, published as part of Monthly minimum wage (Local currency). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
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.