Source
Central bank

Central Bank of Madagascar

International Reserves

USD 0.8 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 10.4 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 40.0 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
5.4% 6.4% 7.2% -4.7% 0.3% 1.5% 3%
2013 2014 2015 2016* 2017*    
2.3% 3.3% 3.1% 4.1% 4.5%    

*Estimate

GDP per capita - current prices

USD 404.9 (2017, estimate)

GDP per capita - PPP

Intl$ 1,562.9 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.06% 0.05% 0.04% 0.03% 0.03%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 24.8% 
  • industry: 16.3% 
  • services: 58.9%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015 2016* 2017*
5.8% 6.1% 7.4% 6.7% 6.9%

*Estimate

Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
33.9% 34.7% 35.5% 42.3% 43.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-4% -2.3% -3.3% -3.2% -4.4%

*Estimate

Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies in Madagascar

N/A

 
 
Source
Current account balance

US$ -22 million (2014 estimate)

Current account balance by percentage of GDP

-1.861% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

29.1% (2012)

(Data released on oct 2014)

Shares in world total merchandising export

0.01% (2012)

(Data were released in March 2014)

Shares in world total commercial services export

0.03% (2012)

(Data were released in 2014)

Total exports

US$ 644.4 billion (2013 estimate) 

Export commodities

coffee, vanilla, shellfish, sugar, cotton cloth, clothing, chromite, petroleum products

Total imports

US$ 2.794 billion (2013 estimate) 

 
 
Source
Import commodities

capital goods, petroleum, consumer goods, food

Exports - major partners

France 23.4%, China 6.6%, US 6.6%, Singapore 5.9%, Canada 5.5%, Germany 5.4%, Indonesia 5.3%, India 5.2%, South Africa 4.5% (2012)

Imports - major partners

China 17.7%, France 12.4%, South Africa 5.3%, India 5.1%, Mauritius 5%, Bahrain 4.7%, Kuwait 4.6% (2012)

FDI inflows
2011 2012 2013
US$ 810 million US$ 812 million US$ 838 million
FDI outflows
2011 2012 2013  
US$ 0 million US$ 0 million US$ 0 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
N/A N/A N/A N/A
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 148 out of 189 countries (2013)

Subcategories:

Starting a business: 29 out of 189 countries

Enforcing Contracts: 160 out of 189 countries

Registering Property: 155 out of 189 countries

Getting credit: 180 out of 189 countries

Protecting investors: 68 out of 189 countries

Trading across border: 115 out of 189 countries

Paying Taxes: 61 out of 189 countries

Dealing with Construction Permits: 157 out of 189 countries

Getting Electricity: 187 out of 189 countries

Resolving Insolvency: 157 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

130

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 79 Score: 61.7 (Moderately Free) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC+3

Total area

587,041 sq km

Capital

Antananarivo

Currency

Malagasy ariary (MGA)

Government type

republic

Languages

French (official), Malagasy (official), English

Religions

indigenous beliefs 52%, Christian 41%, Muslim 7%

Total population
1990 2000 2010 2014* 2019**
11.705 million 15.745 million 21.08 million 25.537 million 26.421 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
10.6% 19% 27% 34%
Population median age

 19.2 years  (2014 est.)

Population growth rate

2.62% (2014 est.)

Life expectancy

65.2 years  (2014 est.)

Adult literacy

 64.5% (2009 estimate)

% of population living on less than $2 a day

95.1% (2010)

Inequality of wealth distribution (Gini index)

40.6 (2010)
(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 5
Civil Liberties: 4 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed  1.1%   Mobile  36.1% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

2.20% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions(Metric tons of CO2 per capita)

0.1 (2010)

World's Best Developed & Emerging Markets Banks

World's Best Banks By Region

World's Best Banks

2013

Additional Awards