Economy of Madagascar. Statistics, Data and Indicators

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

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
Indicator | Data | Period |
---|---|---|
Corporate Tax Rate | 20 % | 2021 |
Personal Income Tax Rate | 20 % | 2020 |
Sales Tax Rate | 20 % | 2021 |
Social Security Rate | 21 % | 2021 |
Social Security Rate For Companies | 19 % | 2021 |
Social Security Rate For Employees | 2 % | 2021 |
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 |