Madagascar Economic Statistics and Indicators

25, Feb 2018, EST. Welcome to the Madagascar economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Madagascar › Change country
National or Regional Currency: Malagasy Franc, MGF
Year of data: 2015 › Change year
Number of Indicators Listed: 35
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 23,201,926 (July 2014 est.)
Area: total: 587,041 sq km ; land: 581,540 sq km ; water: 5,501 sq km
Natural Resources: graphite, chromite, coal, bauxite, rare earth elements, salt, quartz, tar sands, semiprecious stones, mica, fish, hydropower
Capital: name: Antananarivo ; geographic coordinates: 18 55 S, 47 31 E ; time difference: UTC+3 (8 hours ahead of Washington, DC, during Standard Time)

After discarding socialist economic policies in the mid-1990s, Madagascar followed a World Bank- and IMF-led policy of privatization and liberalization that has been undermined since the start of the political crisis. This strategy placed the country on a slow and steady growth path from an extremely low level. Agriculture, including fishing and forestry, is a mainstay of the economy, accounting for more than one-fourth of GDP and employing 80% of the population. Exports of apparel boomed in recent years primarily due to duty-free access to the US; however, Madagascar's failure to comply with the requirements of the African Growth and Opportunity Act (AGOA) led to the termination of the country's duty-free access in January 2010 and a sharp fall in textile production. Deforestation and erosion, aggravated by the use of firewood as the primary source of fuel, are serious concerns. The current political crisis, which began in early 2009, has dealt additional blows to the economy. Tourism dropped more than 50% in 2009 compared with the previous year, and many investors are wary of entering the uncertain investment environment. Growth was slow during 2010 to 2013 although expansion in mining and agricultural sectors is expected to contribute to more growth in 2014. International organizations and foreign donors are expected to resume development aid to Madagascar once RAJAONARIMAMPIANINA appoints a new government.
More on the Madagascar Economy
More on the Madagascar Export, Import and Trade

Economic Indicator Listing
  For Madagascar in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 3.033 %
GDP (Current Prices, National Currency)MGF 28,563.78 Billion.
GDP (Current Prices, US Dollars)US$ 9.737 Billion
GDP Deflator 370.549 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)MGF 318,068.13 .
GDP Per Capita (Current Prices, National Currency)MGF 1,178,598.04 .
GDP Per Capita (Current Prices, US Dollars)US$ 401.771
GDP (PPP), US DollarsUS$ 35.437 Billion
GDP Per Capita (PPP), US DollarsUS$ 1,462.19
GDP Share of World Total (PPP) 0.031 %
Implied PPP Conversion Rate 806.053
Investment (% of GDP) 17.052 %
Gross National Savings (% of GDP) 14.885 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 369.908 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 7.404 %
Inflation, End of Year (Indexed to Year 2000) 381.48 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 7.563 %
Import Volume of All Items Including Goods and Services (Percent Change) -3.43 %
Import Volumes of Goods Only (Percent Change) -4.14 %
Export Volume of All Items Including Goods and Services (Percent Change) 2.838 %
Export Volumes of Goods Only (Percent Change) 8.259 %
Population 24.235 Million
General government revenue (National Currency)MGF 3,376.96 Billions.
General government revenue (% of GDP) 11.823 %
General government total expenditure (National Currency)MGF 4,430.90 Billions.
General government total expenditure (% of GDP) 15.512 %
Total Government Net Lending/ Borrowing (National Currency)MGF -1,053.94 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -3.69 %
Fiscal Year Gross Domestic Product, Current PricesMGF 28,563.78 Billions.
Current Account Balance (US Dollars)US$ -0.211 Billion
Current Account Balance (% GDP) -2.168 %
Economic Indicators for Madagascar 2015

GDP (Constant Prices, National Currency) for Madagascar in year 2015 is MGF 7,708.51 Billion.

GDP Growth (Constant Prices, National Currency) for Madagascar in year 2015 is 3.033 %.

GDP (Current Prices, National Currency) for Madagascar in year 2015 is MGF 28,563.78 Billion.

GDP (Current Prices, US Dollars) for Madagascar in year 2015 is US$ 9.737 Billion.

GDP Deflator for Madagascar in year 2015 is 370.549 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Madagascar in year 2015 is MGF 318,068.13 .

GDP Per Capita (Current Prices, National Currency) for Madagascar in year 2015 is MGF 1,178,598.04 .

GDP Per Capita (Current Prices, US Dollars) for Madagascar in year 2015 is US$ 401.771 .

GDP (PPP), US Dollars for Madagascar in year 2015 is US$ 35.437 Billion.

GDP Per Capita (PPP), US Dollars for Madagascar in year 2015 is US$ 1,462.19 .

GDP Share of World Total (PPP) for Madagascar in year 2015 is 0.031 %.

Implied PPP Conversion Rate for Madagascar in year 2015 is 806.053 .

Investment (% of GDP) for Madagascar in year 2015 is 17.052 %.

Gross National Savings (% of GDP) for Madagascar in year 2015 is 14.885 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Madagascar in year 2015 is 369.908 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Madagascar in year 2015 is 7.404 %.

Inflation, End of Year (Indexed to Year 2000) for Madagascar in year 2015 is 381.48 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Madagascar in year 2015 is 7.563 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Madagascar in year 2015 is -3.43 %.

Import Volumes of Goods Only (Percent Change) for Madagascar in year 2015 is -4.14 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Madagascar in year 2015 is 2.838 %.

Export Volumes of Goods Only (Percent Change) for Madagascar in year 2015 is 8.259 %.

Population for Madagascar in year 2015 is 24.235 Million .

General government revenue (National Currency) for Madagascar in year 2015 is MGF 3,376.96 Billions.

General government revenue (% of GDP) for Madagascar in year 2015 is 11.823 %.

General government total expenditure (National Currency) for Madagascar in year 2015 is MGF 4,430.90 Billions.

General government total expenditure (% of GDP) for Madagascar in year 2015 is 15.512 %.

Total Government Net Lending/ Borrowing (National Currency) for Madagascar in year 2015 is MGF -1,053.94 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Madagascar in year 2015 is -3.69 %.

Fiscal Year Gross Domestic Product, Current Prices for Madagascar in year 2015 is MGF 28,563.78 Billions.

Current Account Balance (US Dollars) for Madagascar in year 2015 is US$ -0.211 Billion.

Current Account Balance (% GDP) for Madagascar in year 2015 is -2.168 %.

* Source: IMF
Aggregate Indicators for Madagascar
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Madagascar
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Madagascar
  Natural Resources, Agricultural Products, Land Use and Water Use for Madagascar
  Nationality, Ethnic Groups, Languages and Religions for Madagascar
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Madagascar
  Age Structure, Median Age, Gender and Urbanization for Madagascar
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Madagascar
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Madagascar
  HIV, AIDS and Other Major Infectious Disease Rates for Madagascar
  Literacy Rate, Educational Expenditure and School Life Expectancy for Madagascar
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Madagascar
  Industries and Industrial Growth Production Rate for Madagascar
  Labor Force by Occupation for Madagascar
  Poverty Line, Gini Index, Household Income and Consumption for Madagascar
  National Budget and Public Debt for Madagascar
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Madagascar
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Madagascar
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Madagascar
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Madagascar
  Foreign Exchange Reserves and Gold Reserves for Madagascar
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Madagascar
  Exchange Rate Statistics for Madagascar
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Madagascar
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Madagascar
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Madagascar
  Television and Radio Statistics (TV Stats, Radio Stats) for Madagascar
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Madagascar
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Madagascar
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Madagascar
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Madagascar
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Madagascar
* Source: CIA
Internet Indicators for Madagascar
Indicators
  Number of Internet Users for Madagascar
  Internet Penetration Rate for Madagascar
  Number of Facebook Accounts for Madagascar
  Facebook Penetration Rate for Madagascar
* Source: IWS
Economic Freedom Indicators for Madagascar
Indicators
  Economic Freedom World Rank for Madagascar
  Government Spending for Madagascar
  Monetary Freedom for Madagascar
  Investment Freedom for Madagascar
  Financial Freedom for Madagascar
  Property Rights for Madagascar
  Economic Freedom Regional Ranking for Madagascar
  Freedom from Corruption for Madagascar
  Labor Freedom for Madagascar
  Tariff Rate for Madagascar
  Income Tax Rate for Madagascar
  Corporate Tax Rate for Madagascar
  Tax Burden % of GDP for Madagascar
  Government Expenditure % of GDP for Madagascar
  Business Freedom for Madagascar
  Trade Freedom for Madagascar
  Fiscal Freedom for Madagascar
  2016 Score for Madagascar
* Source: HFO
Madagascar Economic Indicators in other Years
  Madagascar Economic Indicators for Year 2021 (Forecast)
  Madagascar Economic Indicators for Year 2020 (Forecast)
  Madagascar Economic Indicators for Year 2019 (Forecast)
  Madagascar Economic Indicators for Year 2018 (Forecast)
  Madagascar Economic Indicators for Year 2017 (Forecast)
  Madagascar Economic Indicators for Year 2016 (Forecast)
Madagascar Economic Indicators for Year 2015 (Current)
  Madagascar Economic Indicators for Year 2014
  Madagascar Economic Indicators for Year 2013
  Madagascar Economic Indicators for Year 2012
  Madagascar Economic Indicators for Year 2011
  Madagascar Economic Indicators for Year 2010
  Madagascar Economic Indicators for Year 2009
  Madagascar Economic Indicators for Year 2008
  Madagascar Economic Indicators for Year 2007
  Madagascar Economic Indicators for Year 2006
  Madagascar Economic Indicators for Year 2005
  Madagascar Economic Indicators for Year 2004
  Madagascar Economic Indicators for Year 2003
  Madagascar Economic Indicators for Year 2002
  Madagascar Economic Indicators for Year 2001
  Madagascar Economic Indicators for Year 2000
  Madagascar Economic Indicators for Year 1999
  Madagascar Economic Indicators for Year 1998
  Madagascar Economic Indicators for Year 1997
  Madagascar Economic Indicators for Year 1996
  Madagascar Economic Indicators for Year 1995
  Madagascar Economic Indicators for Year 1994
  Madagascar Economic Indicators for Year 1993
  Madagascar Economic Indicators for Year 1992
  Madagascar Economic Indicators for Year 1991
  Madagascar Economic Indicators for Year 1990
  Madagascar Economic Indicators for Year 1989
  Madagascar Economic Indicators for Year 1988
  Madagascar Economic Indicators for Year 1987
  Madagascar Economic Indicators for Year 1986
  Madagascar Economic Indicators for Year 1985
  Madagascar Economic Indicators for Year 1984
  Madagascar Economic Indicators for Year 1983
  Madagascar Economic Indicators for Year 1982
  Madagascar Economic Indicators for Year 1981
  Madagascar Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International