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Best Recruitment Agencies in Madagascar
Find top recruitment and staffing agencies in Madagascar. Whether you're looking for specialized talent or general hiring support, explore experienced recruitment firms that understand the local market and can help you build the perfect team.
Agency | Specialization | Country | Employees |
|---|---|---|---|
Web Services +17 more | |||
Recruitment +13 more | |||
Human Resources +1 more | |||
Human Resources +1 more | |||
Information Technology +5 more | |||
Madagascar's
Economic indicators
132
World ranked
Madagascar ranks 132 in the world by current economic output
$16bn
Nominal GDP (US$)
GDP reflects the overall size and economic strength of the country's economy.
80
EMEA ranked
Madagascar is ranked 80 in EMEA by economic output in the region
GDP growth (%)
GDP growth explained
The chart compares how GDP has grown for Madagascar, its region, and the world over the last seven years. Positive growth indicates an expanding economy; negative growth may signal contraction and affect hiring activity.
7.8%
Current rate
▼ 2.1% reduction
Inflation represents the rate at which prices rise and purchasing power diminishes. High inflation may prompt employees to seek higher wages, potentially impacting company profitability and hiring strategies.
Madagascar's inflation rate
14 weeks
Maternity leave
Maternity: 14 weeks paid leave; 6 pre-birth, 8 post-birth at 100% pay (50% by Social Security, 50% by employer). Plus 3-week extension for health issues. No paternity or parental leave laws.
6 months
Sick leave
Employees can take up to 6 months of paid sick leave, confirmed by an inter-company doctor, receiving 100% of their daily wage.
Cost of living
Cost of living index explained
The cost of living has a direct impact on salary expectations and the competitiveness of compensation packages. It can influence the appeal of certain locations for both employers and candidates.
Madagascar's
Labor market
Madagascar vs world population age distribution
27.2m
Population
Madagascar has a population of about 27.2m. The chart compares its age distribution with the world average—useful context for workforce size and long-term hiring demand.
32 hrs
Average working full time week
Standard work hours are 8 hours a day, 40 hours a week, from Monday to Friday. Overtime is paid at 130% of the rate for the first 8 hours and 150% thereafter, with a maximum of 20 overtime hours weekly.
3.1%
Current percentage
▼ 0.1% reduction
Madagascar's unemployment rate is healthy, indicating a well functioning labor market with good job opportunities for most people. Between 2022 and 2023, there was a small decrease in unemployment, suggesting continued economic stability with a slight improvement in job availability
Unemployment rate
Madagascar's
Top performing companies and industries
Top industries
- tourism
- mining
- petroleum
Ratio of males to females (by age)
88 / 83
Male
[ "In Madagascar there is a low gap in participation rates between males and females, indicating a relatively balanced workforce particpation often reflective of strong gender equality policies or cultural norms supportive of equal gender parity." ]
Madagascar's
Religion and ethnicity
Religion
In religiously diverse countries, a broad sourcing and engagement approach whilst appealing to inclusive practices resonates with this candidate market. In homogeneous environments, understanding dominant cultural norms is often more important when engaging with talent.
Ethnicity
In ethnically diverse countries, there may be a greater variety of candidates with different cultural backgrounds. Employers may need to focus more on inclusive hiring practices to attract talent from across different ethnic groups.