Living Wage Family in Madagascar remained unchanged at 672000 MGA/Month in 2018 from 672000 MGA/Month in 2018.

Living Wage Family in Madagascar is expected to be 672000.00 MGA/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Living Wage Family is projected to trend around 593900.00 MGA/Month in 2020, according to our econometric models.

Madagascar Living Wage Family
Forecast Data Chart
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Madagascar Labour Last Previous Highest Lowest Unit
Unemployment Rate 1.70 1.70 5.80 0.60 percent [+]
Population 25.60 24.89 25.60 5.10 Million [+]
Wages High Skilled 829600.00 826100.00 829600.00 735300.00 MGA/Month [+]
Wages Low Skilled 324900.00 382200.00 382200.00 195500.00 MGA/Month [+]
Living Wage Family 672000.00 672000.00 672000.00 672000.00 MGA/Month [+]
Living Wage Individual 351100.00 351100.00 351100.00 351100.00 MGA/Month [+]

Madagascar Living Wage Family

WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates. Madagascar Living Wage Family - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
672000.00 672000.00 672000.00 672000.00 2018 - 2018 MGA/Month yearly

Country Last Previous
Argentina 14400.00 Dec/18
Australia 2790.00 Dec/18
Brazil 2360.00 Dec/18
Canada 2580.00 Dec/18
France 1790.00 Dec/18
Germany 1990.00 Dec/17
India 19400.00 Dec/18
Indonesia 2954800.00 Dec/18
Italy 1440.00 Dec/18
Mexico 7900.00 Dec/18
Netherlands 1560.00 Dec/18
Russia 23700.00 Dec/18
South Africa 11300.00 Dec/18
Spain 1150.00 Dec/18
Turkey 3190.00 Dec/18
United Kingdom 1300.00 Dec/18
United States 2380.00 Dec/18