Madagascar
Africa · Malagasy ariary (MGA) · 32.7 million people
Inflation
8.1%
▲ 0.4 pt vs 2024 · 2025
GDP per person
US$599
2025
Inflation
Inflation was 8.1% in 2025, up from 7.6% in 2024.
Annual averages, consumer prices. No monthly series is available.
Exchange rates
Closing rates on 6 Oct 2026. Changes are over 30 days.
US$1 in MGA
4,429
▲ +2.8%
€1 in MGA
4,977
▼ −0.6%
£1 in MGA
5,866
▲ +0.7%
¥1 in MGA
28.02
▲ +1.8%
CN¥1 in MGA
661.1
▲ +3.0%
₹1 in MGA
46.00
▲ +0.9%
Moves are neutral, so they're shown in ink with ▲/▼. All exchange rates
Cost of living
Minimum wage
Monthly, full time · 2024
Ar 262,880 a month
about US$59
Minimum wage from ILOSTAT.
Economy at a glance
GDP per person at PPP
2025 · international dollars
US$2,000
Population
2025
32.7 million
▲ 2.4% vs 2024
Sources and method
Figures from the World Bank and ILOSTAT. Exchange rates are daily rates from the European Central Bank and other central banks, via Frankfurter. For guidance only. Read the disclaimer
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