Madagascar
#117 globallyAfricaAverage salary: $1,000/year · Currency: MGA Ar
Mean Annual Salary
$1,000
gross USD
Median Annual Salary
$700
gross USD
GDP per Capita
$526
current USD
PPP Factor
×0.17
vs USD base
Tax Breakdown at Median Salary
EstimatedTake-Home (Net) Annual
$560
Effective Tax Rate
20.0%
* Based on median salary of $700. Estimated combined rate. Consult a tax professional for accurate calculations.
Estimated Salaries by Job in Madagascar
Surgeon
Psychiatrist
Doctor / Physician
Investment Banker
Cloud Architect
AI/ML Engineer
Dentist
Judge
Product Manager
Actuary
* Estimates based on global median · actual salaries vary
🇲🇬 Madagascar Economic Overview
Currency
MGA (Ar)
Region
Africa
Population
28.0M
Gini Coefficient
0.429
Cost of Living Index
17 (US=100)
Tax Data Available
Estimated
Salary vs Global Benchmarks
Global Ranking
out of 117 countries
by average salary
About Salaries in Madagascar
The average annual salary in Madagascar is approximately $1,000 (gross, in USD), with a median of $700. The country ranks #117 out of 117 countries by average salary.
At the median salary, workers in Madagascar take home approximately $560 after taxes — an effective tax rate of 20.0%. The purchasing power parity factor of ×0.17 means that in real terms, living costs are lower than in the United States.
Madagascar is located in the Africa region. Income inequality, measured by the Gini coefficient, is 0.429 (high inequality).