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Madagascar

Madagascar Economic Outlook

Real GDP growth in 2019 is estimated at 5.2%. The primary sector, with 22.4% in 2019, is driven by traditional agriculture, greatly exposed to the effects of climate change (droughts, cyclones). In a shifting environment, exporting companies (extractive industries in an export processing zone) drove the secondary sector’s contribution up from 18.5% in 2015 to 21.3% in 2019. There was no significant change in the tertiary sector (growth of 0.8 point), the largest in the economy, with 58% of GDP in 2019, but driven by the least productive sectors, where informal activities are concentrated (trade, transport).

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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

Latest Videos

28/11/2016 - ADF-14 : Improving their future in Senegal and Madagascar

13/02/2013 - Abdelkerim Bendjebbour, Resident-Representative in Madagascar

27/09/2012 - Madagascar: Regional Training Workshop on Environmental and Social Protection and the Integration of Climate Change into Bank Programs

Resources

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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. Mohamed Cherif ,  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