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Madagascar Unemployment
3.1%as of 2024
Madagascar's unemployment stands at 3.1% as of 2024. The indicator has increased from null% in 2014 to 3.1% in 2024. Source: ILO / World Bank WDI.
Historical trend (2014–2024)
Unemployment — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | % | — |
| 2015 | 1.8% | — |
| 2016 | 1.9% | +0.1pp |
| 2017 | 2.1% | +0.2pp |
| 2018 | 2.3% | +0.2pp |
| 2019 | 2.5% | +0.2pp |
| 2020 | 3.3% | +0.8pp |
| 2021 | 3.5% | +0.2pp |
| 2022 | 3.2% | -0.3pp |
| 2023 | 3% | -0.2pp |
| 2024 | 3.1% | +0.1pp |
Source: ILO / World Bank WDI. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.