Unemployment rate | Madagascar

The unemployment rate in Madagascar in 2024 amounted to 3.01% of total labor force. In 2023, the value was  3.07%. It has been falling in this country for already 3 years in a row. Over the entire period of ILOSTAT data since 1991, this indicator has decreased in 2.05 times. The lowest percentage of unemployed was recorded in 2012, when it was 0.60. The maximum was in 1993, when number of unempoyed persons in Madagascar reached 6.31 % of total labor force.