Reference Value Report: Living Wage Update Report 2025 for Urban Madagascar

This report provides an update to the Anker Living Wage Reference Value for urban Madagascar, reflecting inflation since the original 2024 report. In 2024, the estimated living wage for urban areas in Madagascar was MGA 693,246 (USD 148) per month. This update accounts for inflation between June 2024 and June 2025, which totaled 8.4%. The updated living wage for 2025 is estimated at MGA 707,181 (USD 158) per month, consisting of a net living wage of MGA 590,121 (USD 132) and taxes and social security contributions of MGA 117,060 (USD 26). Deductions from the gross living wage are calculated based on tax laws in effect as of June 2025.