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Key Facts: Suriname vs Madagascar Wages

Suriname Minimum Wage
Sr$2,166/mo ($59.02 USD)
Madagascar Minimum Wage
Ar1,202/hr ($0.27 USD)
Suriname Avg. Gross Monthly Salary
Sr$5,500 /mo ($149.86 USD)
Madagascar Avg. Gross Monthly Salary
Ar500,000 /mo ($112.36 USD)
Data Sources
Ministry of Labour, Technological Development and Environment — Suriname / ILO (2026-02-25), Malagasy Ministry of Labour and Social Laws / ILO (2026-02-25)

Suriname flag Suriname Madagascar flag Madagascar

Updated 2026-02-25

Suriname flag Suriname

Minimum Wage

Sr$2,166 /mo

$59.02 USD

Avg. Gross Salary

Sr$5,500 /mo

Madagascar flag Madagascar

Minimum Wage

Ar1,202 /hr

$0.27 USD

Avg. Gross Salary

Ar500,000 /mo

Min wage: +21750% Suriname vs Madagascar Avg. salary: +33% Suriname vs Madagascar

The minimum wage in Suriname is roughly 218 times higher than in Madagascar in USD terms, reflecting the gap between a upper-middle-income and a low-income economy. Average salaries are higher in Suriname at $150/mo compared to $112/mo in Madagascar. GDP per capita (PPP) in Suriname is 11.6x that of Madagascar, underscoring the structural economic divide.

Suriname has higher GDP per capita ($21,801 vs $1,884). Suriname's unemployment rate is 7.8% compared to Madagascar's 3.0%.

Detailed Comparison

Detailed wage comparison between Suriname and Madagascar
Metric Suriname Madagascar
Minimum wage /hr Ar1,202 $0.27
Minimum wage /day Ar9,615 $2.16
Minimum wage /mo Sr$2,166 $59.02 Ar250,000 $56.18
Minimum wage /yr Sr$25,992 $708.23 Ar3,000,000 $674.16
Avg. gross salary /mo Sr$5,500 /mo $149.86 Ar500,000 /mo $112.36
Avg. net salary /mo Sr$4,700 /mo $128.07 N/A/mo
Median individual income /yr Sr$28,000 /yr $762.94 Ar1,200,000 /yr $269.66

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

Work Week

Suriname

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Suriname Labour Act sets the standard workweek at 40 hours (8 hours/day, 5 days). Maximum including overtime is 48 hours. Overtime is compensated at a minimum of 1.5x the regular wage. Sunday and public holiday work is typically at 2x.

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.

What This Means for Workers

A minimum wage worker moving from Madagascar to Suriname would see a 21750% increase in USD-equivalent hourly earnings.

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

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Frequently Asked Questions

Is the minimum wage higher in Suriname or Madagascar?

In Suriname, the minimum wage is Sr$2,166/mo ($59.02 USD). In Madagascar, it is Ar1,202/hr ($0.27 USD). Suriname has the higher rate by 21750% 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 more does the average worker earn in Suriname compared to Madagascar?

The average gross salary in Suriname is Sr$5,500/mo ($149.86 USD), compared to Ar500,000/mo ($112.36 USD) in Madagascar. In USD terms, workers in Suriname earn approximately 33% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Suriname and Madagascar is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Suriname earn more in nominal terms, though how far that income stretches depends on local prices in Madagascar.

How do work hours compare between Suriname and Madagascar?

Both Suriname and Madagascar 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 Suriname and Madagascar?

While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Suriname has the higher GDP per capita at $21,801, which is 11.6x that of Madagascar at $1,884. From Suriname's perspective, this means goods and services are priced at a higher 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.