Madagascar

Madagascar Economic Outlook

  • The economy expanded by 4.0% in 2016 with 4.5% predicted for 2017 after five years of sluggish growth.
  • This growth will depend on political stability and enactment of structural reforms.
  • To speed up industrialisation and promote inclusive growth, the government must push ahead with creating special economic zones (SEZ) and helping micro enterprises to flourish via a financial sector adapted to the needs of start-ups.

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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

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Activity



Resources



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