Madagascar Unemployment Rate 1991-2024

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Madagascar unemployment rate for 2023 was 3.06%, a 0.13% decline from 2022.
  • Madagascar unemployment rate for 2022 was 3.19%, a 0.23% decline from 2021.
  • Madagascar unemployment rate for 2021 was 3.42%, a 0.17% increase from 2020.
  • Madagascar unemployment rate for 2020 was 3.25%, a 0.79% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
Somalia 19.03%
Yemen 17.22%
Rwanda 14.93%
Haiti 14.62%
Afghanistan 14.39%
Syrian Arab Republic 13.54%
South Sudan 12.27%
Nepal 10.69%
Zimbabwe 8.76%
Tajikistan 6.98%
Gambia 6.48%
Central African Republic 6.29%
Eritrea 5.87%
Comoros 5.80%
Guinea 5.30%
Burkina Faso 5.29%
Malawi 5.04%
Democratic Republic of Congo 4.54%
Mozambique 3.54%
Ethiopia 3.50%
Guinea-Bissau 3.18%
Sierra Leone 3.17%
Madagascar 3.06%
Mali 3.01%
North Korea 3.00%
Liberia 2.94%
Senegal 2.93%
Uganda 2.83%
Tanzania 2.61%
Togo 2.05%
Benin 1.45%
Chad 1.08%
Burundi 0.93%
Niger 0.55%
Madagascar Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2023 3.06% -0.13%
2022 3.19% -0.23%
2021 3.42% 0.17%
2020 3.25% 0.79%
2019 2.46% 0.17%
2018 2.29% 0.18%
2017 2.11% 0.17%
2016 1.94% 0.16%
2015 1.79% 0.40%
2014 1.39% 0.39%
2013 1.00% 0.40%
2012 0.60% -1.92%
2011 2.52% -1.76%
2010 4.28% 0.40%
2009 3.88% 0.46%
2008 3.43% 0.23%
2007 3.20% 0.26%
2006 2.95% 0.33%
2005 2.62% -1.33%
2004 3.95% -1.06%
2003 5.01% -0.51%
2002 5.52% 0.17%
2001 5.35% -0.45%
2000 5.80% -0.02%
1999 5.82% -0.08%
1998 5.90% -0.07%
1997 5.96% -0.12%
1996 6.08% 0.00%
1995 6.08% -0.01%
1994 6.09% -0.21%
1993 6.30% 0.05%
1992 6.25% 0.11%
1991 6.14% 0.11%