Welcome to your guide to the Madagascar job market. Finding the right job or candidate requires solid data. Here you will find key figures on employment, salaries and the economy to support your next career step or recruitment decision in Madagascar.
Job market overview
| Key metric | Current value |
|---|---|
| Total population | 27,691,018 residents |
| Employment rate | 45% |
| Unemployment rate | 3.1%Low unemployment – employers often compete for skilled staff. |
With an unemployment rate of 3.1%, Madagascar has a tight labor market. Skilled professionals are usually in demand.
Living & working in Madagascar: salaries and cost of living
Before relocating or applying for jobs in Madagascar, consider these key economic factors:
| Indicator | Value | Compared with the U.S. |
|---|---|---|
| Average monthly salary | 300 USD | 7% of the U.S. averagesignificantly lower |
| Purchasing power | 15.3 | weaker (U.S. = 100) |
With a purchasing power index of 15.3, the average monthly salary of 300 USD supports a budget-conscious lifestyle in Madagascar. Always compare an offer with local rents and living costs in the specific city.
Top industries & employers in MG
| Leading industry | Agriculture |
| Growth sector | Manufacturing |
| Service sector | Services, Tourism |
| Major employers | KRAOMA, Air Madagascar, Ambatovy |
Job seekers will usually find the most openings in Agriculture, while Manufacturing offers growth potential.
Working in Madagascar – FAQ
What's the employment situation in Madagascar?
Madagascar has a population of about 27,691,018. The employment rate is 45%. The unemployment rate currently stands at 3.1%.
Which are the top companies in Madagascar?
Large employers in Madagascar include KRAOMA, Air Madagascar, Ambatovy.
How far does a salary go in Madagascar?
The purchasing power index for Madagascar is 15.3 (U.S. = 100), which means the cost of living should be weighed carefully when comparing job offers.
How can I find jobs in Madagascar?
Browse the latest international openings on Cityjobs and filter by country or remote work. Employers post directly, and you apply with the employer.
Which industries matter most in Madagascar?
Agriculture is the leading industry, while Manufacturing is an important growth sector, alongside Services, Tourism.
Data sources & methodology
The figures in this guide are compiled from these public sources:
- Employment & economic data: World Bank Indicators
- Cost of living & salaries: Numbeo Cost of Living Database