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Economy of Madagascar. Statistics, Data and Indicators

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Madagascar
N/AN/A Credit rank #
N/A Quality of life #
147 Corruption rank#141
161 Ease of doing business#140
Madagascar


Madagascar Major Economic Indicators

Indicator Data Period
GDP Value 14.64 USD Billion 2021
GDP Annual Growth Rate 4.4 % 2021
GDP per capita 450 USD 2021
Inflation Rate YoY 6.4 % May/22
Interest Rate 9.5 % Mar/22
Unemployment Rate 2.6 % 2021
Balance of Trade -521636 MGA Million | -0.138 B USD Mar/22
Current Account -94.1 MGA Million | 0 B USD 4Q/21


GDP Indicators

Indicator Data Period
GDP Value 14.64 USD Billion 2021
GDP Annual Growth Rate 4.4 % 2021
GDP per capita 450 USD 2021
GDP per capita PPP 1489 USD 2021


Budget Indicators

Indicator Data Period
Government Debt to GDP 44.8 % 2020
Government Budget to GDP -5.4 % 2021
Military Expenditure 87.8 USD Million | 0.088 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 146 index points May/22
Food Inflation 7.8 % May/22
Inflation Rate YoY 6.4 % May/22
Inflation Rate Mom 0.66 % May/22
CPI Housing Utilities 140 Index Points May/22
CPI Transportation 127 Index Points May/22


Trade Indicators

Indicator Data Period
Current Account to GDP -5.5 % 2021
Balance of Trade -521636 MGA Million | -0.138 USD Billion Mar/22
Current Account -94.1 MGA Million | 0 USD Billion 4Q/21
Exports 850003 MGA Million | 0.225 USD Billion Mar/22
Imports 1371639 MGA Million | 0.362 USD Billion Mar/22
Tourist Arrivals 4718 Persons | 0.005 Million Persons Dec/21


Money Indicators

Indicator Data Period
Interest Rate 9.5 % Mar/22
Money Supply M3 16909 MGA Billion | 4.467 USD Billion May/22
Deposit Interest Rate 13.75 % Apr/22


Labor Indicators

Indicator Data Period
Unemployment Rate 2.6 % 2021
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



Production Indicators

Indicator Data Period
Electricity Production 165 GWh Mar/22


Business Indicators

Indicator Data Period
Corruption Index 26 index points 2021
Corruption Rank 147 place 2021
Ease of Doing Business 161 place 2019
Competitiveness Index 42.86 Index Points 2019
Competitiveness Rank 132 2019