Madagascar

Madagascar Economic Outlook

  • Economic growth in Madagascar is estimated to have plateaued at 3.2% in 2015, but is projected to accelerate to 4.0% in 2016 and 4.5% in 2017.
  • In 2015, the International Monetary Fund approved a second disbursement under the Rapid Credit Facility, while technical and financial partners provided support for the National Development Plan.
  • Sustainable growth requires rational territorial management and controlled urbanisation.

Key Facts

Flag:
Capital: Antananarive
Area: 587,041 sq km
Total Population 2015: 22.9 Million
Urban Population 2015: 33.84%
Female Population 2015: 50.16%
GDP: US$ 10.4 Billion
GNI Per Capita 2015: US$ 430
Inflation Rate: 6.93%
Crude Birth Rate (per 1000): 34.67%
Human Development Index (rank / 187): 151
Human Development Index (scale 0 to 1): 0.483
Membership Date: 03/05/1976
Cumulative Approvals (1967-2015): UA 981.0 Million

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Contacts

Bureau National de Madagascar

Groupe de la Banque africaine de développement
Rue Ravoninahitriniarivo
Tour Zital – 8ème Etage - Ankorondrano
BP 1718 Analakely
Antananarivo 101, Madagascar

Tél : (261) 2022 643 61, 202264189  Ext. 6000-6029
Fax : (261) 2022 642 32

M. Abdelkrim Bendjebbour,  Représentant Résident

Department Central Africa Region

Mrs. Marlene KANGA, Director Central Africa Region

African Development Bank Group 
Rue Anoma 01 BP 1387 Abidjan 01 (Cote d'Ivoire)
Tel +225 20 26 22 51