Source
Central bank

Central Bank of Madagascar

International Reserves

US$ 1.279 billion (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 10.545 billion (2010 estimate)

GDP (Purchasing Power Parity)

21.262 billion of International dollars (2010 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
6% -12.4% 9.8% 5.3% 4.6% 5% 6.2% 7.1%
2009 2010 2011 2012*        
-4.1% 0.5% 0.5% 2.9%        

*Estimate

GDP per capita - current prices

US$ 471 (2006 estimate)

GDP per capita - PPP

$949 International Dollars (2006 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.05% 0.04% 0.03% 0.03% 0.03%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 28.8% 
  • industry: 16.6% 
  • services: 54.6% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
9%(2008) 9.2% 10.6% 8.9%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
6.4% 6.7% 6.2% 5.7% 5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-1.1% -3.1% -0.4% -1.6% -2.6%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Madagascar

N/A

 
 
Source
Current account balance

US$ -667 million (2010 estimate)(After 2008)

Current account balance by percentage of GDP

-6.3% of GDP (2010 estimate)(2009)

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

N/A

(Data released on April 2012)

Shares in world total merchandising export

0.01%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

0.02% (2011)(2007)

(Data were released in 2012)

Total exports

US$1.533 billion (2012 estimate) 

Export commodities

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

Total imports

US$3.876 billion (2012 estimate) 

 
 
Source
Import commodities

capital goods, petroleum, consumer goods, food

Exports - major partners

France 23.4%, Indonesia 15.8%, Singapore 6.8%, China 5.9%, Germany 5.7%, US 5.2%, Canada 4% (2011)

Imports - major partners

China 17.4%, France 13.2%, South Africa 6.7%, Singapore 4.9%, Bahrain 4.8%, Mauritius 4.6%, Kuwait 4.5% (2011)

FDI inflows
2009 2010 2011
US$1,066 million US$860 million(2009) US$907 million(2009)
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) N/A(2009) N/A
Cross-border M&A; deals worth over $3 billion completed in 2010(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 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(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 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 142 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 17 out of 185 countries(2009)

Enforcing Contracts: 156 out of 185 countries

Registering Property: 147 out of 185 countries

Getting credit: 180 out of 185 countries

Protecting investors: 70 out of 185 countries

Trading across border: 112 out of 185 countries

Paying Taxes: 68 out of 185 countries

Dealing with Construction Permits: 148 out of 185 countries

Getting Electricity: 183 out of 185 countries

Resolving Insolvency: 151 out of 185 countries

(2013)

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

130

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 75 Score: 62.4 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

 
 
Source
Total area

587,041 km2 (2006)

Capital

Antananarivo (2009)

Currency

Malagasy ariary (MGA) (2009)

Government type

republic (2009)

Languages

English (official), French (official), Malagasy (official)

Religions

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

Total population
1980 1990 2000 2012* 2017**
8.78 million 12.03 million 16.19 million 22.41 million 25.26 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
10.6% 18.5% 27.1% 32.6%
Population median age

18 years (2010)

Population growth rate

2.9% (2011)

Life expectancy

66 years (2010)

Adult literacy

64% (2005/2010)

% of population living on less than $2 a day

89.61% (2011)

Inequality of wealth distribution (Gini index)

44.11 (2010)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:6
Civil Liberties:4 (2011)

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

Source
Total telephone subscribers as % of population

38.93% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

1.9% (Data were released in 2012 and refer to 2011)

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

Source
CO2 emissions(Metric tons of CO2 per capita)

0.0905 (Data were released in 2012 and refer to 2009)

World's Best Developed & Emerging Markets Banks

World's Best Banks By Region

World's Best Banks

2013

Additional Awards