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Madagascar Economic Indicators

Latest economic indicators and statistics for Madagascar.

Indicator Current Value Previous Value Frequency Period
GDP $17.42B $15.87B Yearly 2024
GDP Annual Growth Rate 4.2% 4.2% Yearly 2024
GDP per Capita $453.38 $445.83 Yearly 2024
GDP per Capita PPP $1,657.05 $1,629.46 Yearly 2024
R&D Expenditure (% GDP) 0.01% 0.01% Yearly 2017
Real GDP $14.49B $13.91B Yearly 2024
Annual Inflation Rate 9.87% 8.16% Yearly 2023
Annual Unemployment Rate 3.01% 3.07% Yearly 2024
Female Labor Force Rate 82.56% 82.56% Yearly 2024
Annual Exports $3.28B $3.72B Yearly 2023
Annual Imports $4.82B $5.61B Yearly 2023
Exports (% GDP) 23.63% 27% Yearly 2024
FDI Inflows (% GDP) 2.61% 3.05% Yearly 2023
Imports (% GDP) 31.35% 34.13% Yearly 2024
Net Trade (Goods & Services, BoP) -$1.35B -$1.41B Yearly 2022
Tariff Rate 10.03% 8.53% Yearly 2022
Trade (% GDP) 54.97% 61.13% Yearly 2024
Private Credit (% GDP) 16.64% 17.11% Yearly 2024
Adult Literacy Rate 77.5% 74.7% Yearly 2022
Happiness Index 4.16 points 4.23 points Yearly 2024
Population 31.96M 31.2M Yearly 2024
Primary Enrollment Rate 135.79% 138.19% Yearly 2023
Agricultural Land (%) 70.29% 70.29% Yearly 2022
Annual CO2 Emissions 4.48M tonnes 4.31M tonnes Yearly 2023
Forest Area (%) 21.32% 21.34% Yearly 2022
Corruption Control -1 points -0.97 points Yearly 2023
Political stability index -0.69 points -0.48 points Yearly 2023
Infant Mortality Rate 44.2 44.7 Yearly 2023
Life Expectancy 63.63 63.07 Yearly 2023
Physicians per 1,000 people 0.2 0.18 Yearly 2018
Electricity Access 39.4% 36.1% Yearly 2023
Internet Users 20.4% 18.6% Yearly 2023
Travel Earnings $202M $951M Yearly 2020
Visitor Arrivals 87,100 486,000 Yearly 2020