Economy

Madagascar

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GDP per capita19602024
13224335546657819602024
Source: World Bank WDI
Private credit (% of GDP)19622020
6.669.1311.614.116.519622020
Source: WB GFDD
IndicatorValue
GDP (nominal)17,400,000,000 US$World Bank WDI [2024]
GDP (PPP)60,200,000,000 US$World Bank WDI [2024]
GDP growth4.2 %World Bank WDI [2024]
GDP per capita545 US$World Bank WDI [2024]
Inflation (CPI)7.61 %World Bank WDI [2024]
Unemployment3.04 %World Bank WDI [2025]
Exports of goods & services4,050,000,000 US$World Bank WDI [2024]
Imports of goods & services5,530,000,000 US$World Bank WDI [2024]
Agriculture (% GDP)22.5 %World Bank WDI [2024]
Industry (% GDP)22.8 %World Bank WDI [2024]
Services (% GDP)47.7 %World Bank WDI [2024]
Industriesmeat processing, seafood, soap, beer, leather, sugar, textiles, glassware, cement, automobile assembly plant, paper, petroleum, tourism, miningCIA World Factbook [2025] · 2026 archive
Agricultural productsrice, sugarcane, cassava, sweet potatoes, milk, bananas, vegetables, mangoes/guavas, maize, potatoes (2023); note: top ten agricultural products based on tonnageCIA World Factbook [2025] · 2026 archive
Export commoditiesgarments, nickel, vanilla, cloves, gold (2023); note: top five export commodities based on value in dollarsCIA World Factbook [2025] · 2026 archive
Export partnersUSA 16%, France 15%, Japan 8%, China 6%, S. Korea 6% (2023); note: top five export partners based on percentage share of exportsCIA World Factbook [2025] · 2026 archive
Import partnersChina 19%, Oman 13%, France 10%, India 8%, South Africa 5% (2023); note: top five import partners based on percentage share of importsCIA World Factbook [2025] · 2026 archive
Gini index36.8 indexWorld Bank WDI [2021]
GDP per capita (1913)No authoritative open source found
Leading mineral commoditytitanium minerals (613,000 tonnes (metric), 2023)BGS World Mineral Statistics [2023]
Wealth share of top 10%0.603 %World Inequality Database [2024]
Wealth share of top 1%0.257 %World Inequality Database [2024]
Gini (WID)1–36.8 indexWorld Inequality Database [2024] 1 index·World Bank WDI [2021] 36.8 index
Top export partnersUSA (18.0%) / France (16.7%) / China (8.2%) / India (6.2%) / Japan (5.4%)CEPII BACI [2024]
Top import partnersChina (26.3%) / Oman (12.8%) / France (6.5%) / India (5.4%) / South Africa (4.5%)CEPII BACI [2024]
Top agricultural productsCereals, primary / Rice / Roots and Tubers, Total / Sugar cane / Sugar Crops PrimaryFAOSTAT [2024]
Bank assets (% of GDP)22 %WB GFDD [2021]
Private credit (% of GDP)16.2 %WB GFDD [2020]
Stock market capitalization (% of GDP)No authoritative open source found
Financial account ownership24.5 %WB Findex [2024]
Mobile-money account5.6 %WB Findex [2024]
Borrowed from a bank2.77 %WB Findex [2024]
Poverty headcount ($2.15/day)No authoritative open source found
Poverty headcount ($6.85/day)No authoritative open source found

Section metadata

Data year2025
EditionDatabook 2026
Coverage29/33
LicenseCC-BY
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Datasets on this page
  • World Bank WDI
    world_bank_wdi
    Edition: 2024
  • CIA World Factbook
    cia_factbook
    Edition: 2025
  • BGS World Mineral Statistics
    bgs_world_minerals
    Edition: 2023
  • World Inequality Database
    world_inequality_database
    Edition: 2026
  • CEPII BACI
    cepii_baci_trade
    Edition: 2026
  • FAOSTAT
    faostat
    Edition: 2026
  • WB GFDD
    world_bank_gfdd
    Edition: 2022
  • WB Findex
    world_bank_global_findex
    Edition: 2025
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About this data

Madagascar's economy on Databook compiles 29 indicators from 8 open datasets including World Bank WDI, CIA World Factbook, BGS World Mineral Statistics. Key figures include gdp (nominal) (17,400,000,000 US$), gdp (ppp) (60,200,000,000 US$). Data is referenced to 2025. Every value carries its source and publication year, published under open licenses.