Key Facts: Sweden vs Madagascar Wages
- Sweden Minimum Wage
- No statutory minimum wage
- Madagascar Minimum Wage
- Ar1,202/hr ($0.27 USD)
- Sweden Avg. Gross Monthly Salary
- kr40,000 /mo ($4,317.74 USD)
- Madagascar Avg. Gross Monthly Salary
- Ar500,000 /mo ($112.36 USD)
- Data Sources
- Medlingsinstitutet (Swedish National Mediation Office) (2026-02-24), Malagasy Ministry of Labour and Social Laws / ILO (2026-02-25)
Sweden
Madagascar
Updated 2026-02-25
Sweden has no statutory minimum wage, while Madagascar sets a floor of $0/hr. Average gross salaries diverge further: $4,318/mo in Sweden versus $112/mo in Madagascar, a 38.4:1 ratio. GDP per capita (PPP) in Sweden is 38.1x that of Madagascar, underscoring the structural economic divide.
Sweden has higher GDP per capita ($71,845 vs $1,884). Sweden's unemployment rate is 8.7% compared to Madagascar's 3.0%.
Detailed Comparison
| Metric | Sweden | Madagascar |
|---|---|---|
| Minimum wage /hr | None | Ar1,202 $0.27 |
| Minimum wage /day | None | Ar9,615 $2.16 |
| Minimum wage /mo | None | Ar250,000 $56.18 |
| Minimum wage /yr | None | Ar3,000,000 $674.16 |
| Avg. gross salary /mo | kr40,000 /mo $4,317.74 | Ar500,000 /mo $112.36 |
| Avg. net salary /mo | kr30,000 /mo $3,238.31 | N/A/mo |
| Median individual income /yr | kr367,000 /yr $39,615.29 | Ar1,200,000 /yr $269.66 |
Percentage differences are based on USD equivalent values. Positive means Sweden is higher.
Work Week
- Sweden
-
40 hrs/wk standard
Max 48 hrs/wk
Standard workweek is 40 hours (Working Hours Act / Arbetstidslagen). Maximum overtime is 48 hours over 4 weeks or 200 hours per calendar year. Overtime compensation is determined by collective agreements, not statute. Many agreements provide overtime at 150-200% of normal pay. EU Working Time Directive limits average to 48 hrs/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.
See this comparison from Madagascar's perspective: Madagascar vs Sweden
Compare Sweden with...
Frequently Asked Questions
Is the minimum wage higher in Sweden or Madagascar?
In Sweden, the minimum wage is no statutory minimum wage. In Madagascar, it is Ar1,202/hr ($0.27 USD).
How much more does the average worker earn in Sweden compared to Madagascar?
The average gross salary in Sweden is kr40,000/mo ($4,317.74 USD), compared to Ar500,000/mo ($112.36 USD) in Madagascar. In USD terms, workers in Sweden earn approximately 3743% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Sweden and Madagascar is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Sweden earn more in nominal terms, though how far that income stretches depends on local prices in Madagascar.
How do work hours compare between Sweden and Madagascar?
Both Sweden 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 Sweden and Madagascar?
While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Sweden has the higher GDP per capita at $71,845, which is 38.1x that of Madagascar at $1,884. From Sweden'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.