Economy of Madagascar. Statistics, Data and Indicators
Madagascar
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 149 | Corruption rank#141 |
| 161 | Ease of doing business#140 |
Madagascar Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 14.08 USD Billion | 2019 |
| GDP Annual Growth Rate | 5 % | 2019 |
| GDP per capita | 500 USD | 2019 |
| Inflation Rate YoY | 4.5 % | Dec/20 |
| Interest Rate | 9.5 % | Feb/21 |
| Unemployment Rate | 1.9 % | 2020 |
| Balance of Trade | -415829 MGA Million | -0.111 B USD | Dec/20 |
| Current Account | -248 MGA Million | 0 B USD | 3Q/20 |
GDP
14.08
USD Billion
#136 from 174 countries
GDP per capita
500
USD
#166 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 14.08 USD Billion | 2019 |
| GDP Annual Growth Rate | 5 % | 2019 |
| GDP per capita | 500 USD | 2019 |
| GDP per capita PPP | 1646 USD | 2019 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 30.1 % | 2019 |
| Government Budget to GDP | -2.4 % | 2019 |
| Military Expenditure | 72.9 USD Million | 0.073 B USD | 2018 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 132 index points | Dec/20 |
| Food Inflation | 4.8 % | Dec/20 |
| Inflation Rate YoY | 4.5 % | Dec/20 |
| Inflation Rate Mom | 0.7 % | Dec/20 |
| CPI Housing Utilities | 136 Index Points | Dec/20 |
| CPI Transportation | 122 Index Points | Dec/20 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -0.2 % | 2019 |
| Balance of Trade | -415829 MGA Million | -0.111 USD Billion | Dec/20 |
| Current Account | -248 MGA Million | 0 USD Billion | 3Q/20 |
| Exports | 561111 MGA Million | 0.15 USD Billion | Dec/20 |
| Imports | 976940 MGA Million | 0.261 USD Billion | Dec/20 |
| Tourist Arrivals | 24820 Persons | 0.025 Million Persons | Dec/20 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 9.5 % | Feb/21 |
| Money Supply M3 | 13375 MGA Billion | 3.572 USD Billion | Nov/20 |
| Deposit Interest Rate | 13.75 % | Dec/20 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 1.9 % | 2020 |
| Living Wage Family | 672000 MGA/Month | 173.624 USD/Month | 2018 |
| Living Wage Individual | 351100 MGA/Month | 90.713 USD/Month | 2018 |
| Wages High Skilled | 829600 MGA/Month | 214.343 USD/Month | 2018 |
| Wages Low Skilled | 324900 MGA/Month | 83.944 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 20 % | 2020 |
| Personal Income Tax Rate | 20 % | 2020 |
| Sales Tax Rate | 20 % | 2020 |
| Social Security Rate | 19 % | 2019 |
| Social Security Rate For Companies | 18 % | 2019 |
| Social Security Rate For Employees | 1 % | 2019 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Electricity Production | 156 GWh | Dec/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 25 index points | 2020 |
| Corruption Rank | 149 place | 2020 |
| Ease of Doing Business | 161 place | 2019 |
| Competitiveness Index | 42.86 Index Points | 2019 |
| Competitiveness Rank | 132 | 2019 |
Gold Reserves
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
N/A
N/A
#N/A from
N/A countries
Government Budget Value
N/A
N/A
#N/A from N/A countries
Inflation Rate
4.5
%
#37 from
174 countries
Interest Rate
9.5
%
#28 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
1.9
%
#163 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
