Home Madagascar Employment Unemployment Rate

Madagascar Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

3.04% −0.01pp (-0.3%)
Year 2025 Rank #42 Global Peak 6.32% (1993) Source World Bank

Madagascar Unemployment Rate (1991–2025)

Overview

Madagascar's unemployment rate stood at 3.04% in 2025, a decline of +0.01pp from 2024. Madagascar ranked 42nd globally.

Data & projection

Year Unemployment Rate YoY change Rank
2025 3.04% −0.01pp #42
2024 3.05% +0.01pp #44
2023 3.04% −0.14pp #44
2022 3.19% −0.31pp #42
2021 3.50% +0.21pp #36
2020 3.29% +0.81pp #33
2019 2.48% +0.18pp #28
2018 2.30% +0.18pp #24
2017 2.12% +0.17pp #17
2016 1.95% +0.16pp #18
2015 1.79% +0.40pp #12
2014 1.39% +0.39pp #10
2013 1.00% +0.40pp #7
2012 0.60% −1.92pp #4
2011 2.52% −1.76pp #19
Show all years (1991-2025)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +42.3% GDP growth 4.0% C/A balance 0.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Madagascar matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Madagascar's unemployment rate?

Madagascar's unemployment rate was 3.04% in 2025. Ranked 42nd globally. This represents a 0.3% decrease from the previous year.

What was the highest unemployment rate in Madagascar?

Madagascar's unemployment rate peaked at 6.32% in 1993.

What was the lowest unemployment rate in Madagascar?

The lowest unemployment rate in Madagascar was 0.60% in 2012.

How does Madagascar rank in unemployment rate?

Madagascar ranks 42nd globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the unemployment rate of Madagascar in 2025?

The unemployment rate of Madagascar in 2025 was 3.04%. This ranks 42nd in the world.

Cite this page

APA
Madagascar Unemployment Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/madagascar/unemployment-rate
BibTeX
@misc{historysaid_madagascar_unemployment-rate, title = {Madagascar Unemployment Rate}, url = {https://historysaid.com/madagascar/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }