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Welcome to your comprehensive guide to the Madagascar job market. Finding the right job or candidate requires solid data. We provide the latest statistics on employment, salaries, and economic indicators, empowering you to make informed decisions about your next career step or recruitment strategy in Madagascar.
Job Market Overview: Employment Statistics in Madagascar
Understanding Madagascar's job market is crucial for both job seekers and employers. The country's current employment indicators show:
| Key Metric | Current Status |
|---|---|
| Total Population | 27.691.018 residents |
| Employment Rate | 45% (below OECD average) |
| Unemployment Rate | 3.06% (very competitive market) |
These Madagascar employment statistics reveal a tight labor market where candidates should highlight specialized skills. The 45% employment rate suggests moderate job availability across sectors.
Living & Working in Madagascar: Economic Insights
Before relocating or applying for jobs in Madagascar, consider these key economic factors:
| Economic Indicator | Value | Comparison to U.S. |
|---|---|---|
| Average Monthly Salary | 300,00 USD | 7% of U.S. average (significantly lower) |
| Purchasing Power | 15.3 | moderate compared to U.S. (100) |
With 15.3 purchasing power, salaries in Madagascar provide adequate but budget-conscious lifestyles. The average monthly salary of 300,00 USD is particularly attractive in the Agriculture sector.
Top Industries & Job Opportunities in MG
Madagascar's thriving job market spans these key sectors:
| Leading Industry | Agriculture (growing at 5% annually) |
| Emerging Sector | Manufacturing (25% of workforce) |
| Service Sector | Services, Tourism (60% of GDP) |
| Major Employers | KRAOMA, Air Madagascar, Ambatovy (hiring year-round) |
Job seekers should focus on Agriculture for the most opportunities, while Manufacturing offers growth potential. Major companies like KRAOMA, Air Madagascar, Ambatovy frequently post openings for skilled professionals.
Data Sources & Methodology
The statistical data (Population, Employment, Economic Indicators) used in this guide is compiled from the following authoritative sources:
- Employment & Economic Data: World Bank Indicators
- Cost of Living & Salaries: Numbeo Cost of Living Database
- Proprietary Data: Analysis derived from expert interviews and Cityjobs.info internal salary research.
Disclaimer: Data Volatility Note
We strive to update all statistics and figures annually. However, due to the nature of global economics, data like employment rates, exchange values, and average salaries can change rapidly due to political events, economic shifts, or unforeseen crises. Always verify critical figures with local governmental or financial institutions before making major decisions.
CityJobs bridges the gap between job seekers and employers in Madagascar, creating a more accessible and inclusive job market for all.
1. What's the employment situation in Madagascar?
With a population of 27,691,018 and an employment rate of 45%, Madagascar offers a competitive job market. The unemployment rate currently stands at 3.06%.
2. Which are the top companies in Madagascar?
The leading employers in Madagascar include KRAOMA, Air Madagascar, Ambatovy. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Madagascar?
The purchasing power ratio in Madagascar is 15.3, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Madagascar?
Search our listings filtered for Madagascar. Focus on industries where KRAOMA, Air Madagascar, Ambatovy are active, and consider that the 45% employment rate suggests moderate competition for positions.
5. What should I know about working in Madagascar?
With KRAOMA, Air Madagascar, Ambatovy as major employers, the job market tends to favor Manufacturing and Services, Tourism.
