Population: 23 million in 20131
GDP: $10.8 billion in 20132
GDP per capita: $463 nominal3 ($1,395 PPP4) in 2013
GDP growth rate: 2.4% in 20135
GDP by Industry 20126
| Industry sector | Value added ($ millions) 2012 | Percent of total |
| Agriculture, hunting, forestry, fishing | 2,568 | 27.7% |
| Other activities | 1,931 | 20.9% |
| Transport, storage and communication | 1,901 | 20.5% |
| Manufacturing | 1,324 | 14.3% |
| Wholesale, retail trade, restaurants and hotels | 1,033 | 11.2% |
| Construction | 347 | 3.8% |
| Mining and utilities | 155 | 1.7% |
| Total value added | 9,260 | 100% |
Unemployment rate: 3.6% in 20137
Employment by Industry 8
N/A
Top 10 Corporations by Revenue 20139
N/A
Household Wealth: $4 billion (37% of GDP) in 201410
Household Wealth per Adult: $426 in 201410
Gini Coefficient: .441 in 201311
Central Government
Central Government Revenue: $2.1 billion (19% of GDP) in 201312
Central Government Expenditure: $2.4 billion (22% of GDP) in 201312
Central Government Budget Balance: -$0.3 billion (-3% of GDP) in 201312
Central Government Public Debt: N/A
Central Government 10 Year Bond Interest Rate: N/A
Government Funds
N/A
Tax Structure
Individual Income Tax Rates and Thresholds in 2013* 13
Corporate Tax Rate: 20% in 201414
* Individual thresholds calculated using the exchange rate 2,813 MGA = 1 USD
Money Supply (M1): $1.3 billion (12% of GDP) in 2012* 15
Benchmark Interest Rate: 9.50% in Feb 201516
Total Reserves: $776 million (7% of GDP) in 201317
Exchange Rate: 2,823 Madagascar Ariary = 1 U.S. Dollar on Feb 17, 201518
Inflation: 5.8% in 201319
* Money supply calculated using the exchange rate of 8,813 MGA = 1 USD
Top 10 Financial Institutions by Assets 201320
N/A (data not available at Relbanks.com)
Exports: $0.6 billion (6% of GDP) in 201321
Imports: $2.8 billion (26% of GDP) in 201321
Trade Balance: -$2.2 billion (-20% of GDP) in 201321
Foreign Direct Investment Inflow: $0.8 billion (7% of GDP) in 201322
Foreign Direct Investment Outflow: N/A
Foreign Aid Inflow: $0.4 billion (4% of GDP) in 201223
Foreign Aid Outflow: N/A
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Ernst & Young, Worldwide Peronal Tax Guide (Individual tax rates) Go back
14. Source: Tax Foundation (Corporate tax rate) Go back
15. Source: World Bank Indicators (Money supply) Go back
16. Source: Banque Centrale de MAdagascar, Statistics, Interest Rates, Evolution of the rate (Benchmark interest rate) Go back
17. Source: World Bank Indicators (Total reserves) Go back
18. Source: xe.com (Exchange rate) Go back
19. Source: World Bank Indicators (Inflation rate) Go back
20. Source: Relbanks.com (Financial institutions by assets) Go back
21. Source: CIA World Factbook (Trade data) Go back
22. Source: World Bank Indicators (FDI data) Go back
23. Source: World Bank Indicators (Aid data) Go back