Madagascar
Madagascar Economic Outlook
Real GDP growth reached an estimated 5.0% in 2018, up from 4.2% in 2017. The agricultural sector expanded by 4.5% in 2018 (down from 6.6% in 2017). The industrial sector expanded by 6.7%, driven mainly by textiles and the manufacture of essential oils. Despite the plague epidemic in early 2018, the service sector expanded by 5.4%. Growth in aggregate demand in 2018 was driven largely by public and private investments in infrastructure (roads, airports, energy, and the port of Toamasina). External demand for textiles, vanilla, and essential oils also contributed to growth.
Key Facts
| Flag: |  |
| Capital: | Antananarive |
| Area: | 587,041 sq km |
| Total Population 2017: | 25.6 Million |
| Urban Population 2017: | 73.50% |
| Female Population 2017: | 49.70% |
| GDP: | US$ 10.3 Billion |
| GNI Per Capita 2015: | US$ 420 |
| Inflation Rate: | 7.04% |
| Crude Birth Rate (per 1000): | 33.70% |
| Human Development Index (rank / 188): | 158 |
| Human Development Index (scale 0 to 1): | 0.512 |
| Membership Date: | 03/05/1976 |
| Cumulative Approvals (1967-2016): | UA 1.0 Billion |
Activity
28/11/2016 - ADF-14 : Improving their future in Senegal and...
13/02/2013 - Abdelkerim Bendjebbour, Resident-Representative...
27/09/2012 - Madagascar: Regional Training Workshop on...
Project Portfolio
| Reference | Project | Status |
|---|---|---|
| P-MG-AA0-039 | PROGRAMME DE PROMOTION DE L'ENTREPREUNARIAT DES JEUNES DANS L'AGRICULTURE ET L'AGRO-INDUSTRIE Categories: Madagascar, Agriculture & Agro-industries | OngoingOnGo |
| P-MG-E00-010 | EMERGENCY ASSISTANCE PROJECT TO COMBAT THE OUTBREAK OF PLAGUE Categories: Madagascar, Water Supply & Sanitation | OngoingOnGo |
News
- 01/10/2018 - African Development Bank investments transform Madagascar’s key rice regions
- 10/04/2018 - African Development Bank is key to Africa’s economic development, say Southern African Governors
- 29/11/2017 - Madagascar : la BAD va décaisser 45 millions de dollars pour appuyer les réformes économiques
Resources
Contacts
Madagascar Country Office
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
Mr Cherif Mohamed, Country Manager
Southern Africa Regional Development and Business Delivery Office
African Development Bank Group
339 Witch-Hazel Avenue
Highveld Ext. 78
Centurion, South Africa
Tel: +27 12 003 6900
Mr Kapil Kapoor, Director General