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 | -4 % | 2020 |
| GDP per capita | 500 USD | 2019 |
| Inflation Rate YoY | 5.1 % | Mar/21 |
| Interest Rate | 9.5 % | Apr/21 |
| Unemployment Rate | 1.9 % | 2020 |
| Balance of Trade | -657640 MGA Million | -0.174 B USD | Mar/21 |
| 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 | -4 % | 2020 |
| GDP per capita | 500 USD | 2019 |
| GDP per capita PPP | 1646 USD | 2019 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 44.8 % | 2020 |
| Government Budget to GDP | -1.4 % | 2019 |
| Military Expenditure | 87.8 USD Million | 0.088 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 135 index points | Mar/21 |
| Food Inflation | 6.4 % | Mar/21 |
| Inflation Rate YoY | 5.1 % | Mar/21 |
| Inflation Rate Mom | 0.7 % | Mar/21 |
| CPI Housing Utilities | 136 Index Points | Mar/21 |
| CPI Transportation | 123 Index Points | Mar/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -2.3 % | 2019 |
| Balance of Trade | -657640 MGA Million | -0.174 USD Billion | Mar/21 |
| Current Account | -248 MGA Million | 0 USD Billion | 3Q/20 |
| Exports | 536677 MGA Million | 0.142 USD Billion | Mar/21 |
| Imports | 1194317 MGA Million | 0.316 USD Billion | Mar/21 |
| Tourist Arrivals | 1991 Persons | 0.002 Million Persons | Mar/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 9.5 % | Apr/21 |
| Money Supply M3 | 13375 MGA Billion | 3.538 USD Billion | Nov/20 |
| Deposit Interest Rate | 13.75 % | Jan/21 |
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 % | 2021 |
| Personal Income Tax Rate | 20 % | 2020 |
| Sales Tax Rate | 20 % | 2021 |
| Social Security Rate | 19 % | 2020 |
| Social Security Rate For Companies | 18 % | 2020 |
| Social Security Rate For Employees | 1 % | 2020 |
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
5.1
%
#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
