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The FDIC’s sudden takeover of both Silicon Valley Bank and Signature Bank casts a shadow, no matter what you call it.
2015 Rankings are based on the GDP (PPP) of a country, which compares the generalized differences in the cost of living and standards between countries.
Current International Dollars: 1,477.78
Long running political strife and poor governance have undermined this country’s economy and standards of living. In 2015, the IMF estimates that Madagascar’s per-capita GDP (PPP) is less than US$1,500, the tenth lowest in the world. With the political situation stabilizing recently, a new reform plan taking effect and expanding activity in the agricultural, tourism and extractive industries, there is some moderate optimism about this economy going forward.
View Madagascar GDP and Economic Data
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