Skip to main content

Key Facts: Madagascar vs Guinea Wages

Madagascar Minimum Wage
Ar1,202/hr ($0.27 USD)
Guinea Minimum Wage
FG440,000/mo ($51.04 USD)
Madagascar Avg. Gross Monthly Salary
Ar500,000 /mo ($112.36 USD)
Guinea Avg. Gross Monthly Salary
FG1,500,000 /mo ($174.01 USD)
Data Sources
Malagasy Ministry of Labour and Social Laws / ILO (2026-02-25), ILO / Ministère du Travail et de la Fonction Publique (Guinea) (2026-02-25)

Madagascar flag Madagascar Guinea flag Guinea

Updated 2026-02-25

Madagascar flag Madagascar

Minimum Wage

Ar1,202 /hr

$0.27 USD

Avg. Gross Salary

Ar500,000 /mo

Guinea flag Guinea

Minimum Wage

FG440,000 /mo

$51.04 USD

Avg. Gross Salary

FG1,500,000 /mo

Min wage: -99% Madagascar vs Guinea Avg. salary: -35% Madagascar vs Guinea

The minimum wage in Madagascar is roughly 189 times lower than in Guinea in USD terms, reflecting the gap between a low-income and a low-income economy. Average salaries are lower in Madagascar at $112/mo compared to $174/mo in Guinea. GDP per capita (PPP) in Guinea is 2.4x that of Madagascar, underscoring the structural economic divide.

Madagascar has lower GDP per capita ($1,884 vs $4,565). Madagascar's unemployment rate is 3.0% compared to Guinea's 5.2%.

Detailed Comparison

Detailed wage comparison between Madagascar and Guinea
Metric Madagascar Guinea
Minimum wage /hr Ar1,202 $0.27
Minimum wage /day Ar9,615 $2.16
Minimum wage /mo Ar250,000 $56.18 FG440,000 $51.04
Minimum wage /yr Ar3,000,000 $674.16
Avg. gross salary /mo Ar500,000 /mo $112.36 FG1,500,000 /mo $174.01
Median individual income /yr Ar1,200,000 /yr $269.66 FG3,000,000 /yr $348.03

Percentage differences are based on USD equivalent values. Positive means Madagascar is higher.

Work Week

Madagascar

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.3x pay

Labour Code (Law No. 2003-044) sets standard hours at 40 per week (8 hrs/day, 5 days). Maximum including overtime is 48 hours/week. Overtime is compensated at 130% of normal rate (for the first 8 hours of overtime per week), then 160% (for subsequent hours), and 200% on Sundays and public holidays. Night work premium applies. EPZ workers may have different arrangements under zone-specific regulations.

Guinea

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Labour Code sets standard at 40 hours/week for formal-sector employees. Overtime compensated at 1.5x for weekday hours, 2x for work on rest days. These rules apply to the limited formal sector.

What This Means for Workers

A minimum wage worker in Madagascar earns 18797% less per hour in USD terms than one in Guinea.

See this comparison from Guinea's perspective: Guinea vs Madagascar

Compare Madagascar with...

Frequently Asked Questions

Is the minimum wage higher in Madagascar or Guinea?

In Madagascar, the minimum wage is Ar1,202/hr ($0.27 USD). In Guinea, it is FG440,000/mo ($51.04 USD). Guinea has the higher rate by 18797% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in Madagascar may retain a larger share of their earnings if prices there are lower.

How much less does the average worker earn in Madagascar compared to Guinea?

The average gross salary in Madagascar is Ar500,000/mo ($112.36 USD), compared to FG1,500,000/mo ($174.01 USD) in Guinea. In USD terms, workers in Madagascar earn approximately 55% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Madagascar and Guinea is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Guinea earn more in nominal terms, though how far that income stretches depends on local prices in Madagascar.

How do work hours compare between Madagascar and Guinea?

Both Madagascar and Guinea mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.

What is the cost of living difference between Madagascar and Guinea?

While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Guinea has the higher GDP per capita at $4,565, which is 2.4x that of Madagascar at $1,884. From Madagascar's perspective, this means goods and services are priced at a lower economic level. A higher GDP per capita generally correlates with higher wages, higher consumer prices, and greater availability of goods and services. Workers moving between these two countries should expect significant differences in rent, food, and transportation costs.