General profile: Madagascar

GENERAL INFORMATION FOR 2016
Population
Population
Exchange rates
Exchange rate
GDP
GDP
24.916 Millions
3 176.540 MGA/US$
9 841 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
..
6.66 %
2.60 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+0.7 %
Merchandise exports growth rate in 2016
Total merchandise trade
(millions of US$)
2005
2010
2015
2016
Merchandise exports
855
1 149
2 048
(e) 2 063
Merchandise imports
1 706
2 584
2 795
(e) 2 814
Merchandise trade balance
-852
-1 434
-747
(e) -751
Export structure by product group in 2016
(as % of total exports)
6 %6 %32 %32 %27 %27 %35 %35 %
Top 5 partners in 2016
(exports, millions of US$)
534318184120112534318184120112
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2016
Services exports
499
1 012
(e) 1 080
(e) 984
Services imports
657
1 226
(e) 1 089
(e) 1 022
Services trade balance
-158
-214
(e) -9
(e) -38
Services exports by main category ²
(as % of total services)
2005
2010
2015
2016
Transport
23.8
29.8
(e) 30.2
-
Travel
36.6
30.3
(e) 51.0
-
Other services
39.4
39.9
(e) 18.9
-
TRADE INDICES
More data on UNCTADstat
168168160160151151130130100100104104888886869999106106919184841071071001006262117117100100868688888585797980808080777774747070747474747575818185858787909010010016816015113010010488869910691841071006211710086888579808077747074747581858790100
ECONOMIC TRENDS
More data on UNCTADstat
+2.6 %
Gross domestic product growth rate in 2016
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
GDP, current
5 039
8 730
9 739
9 841
GDP per capita, current US$
275
414
402
395
Real GDP growth, y-on-y, %
4.60
0.38
3.05
2.60
Current account balance, % of GDP
-13.79
-10.17
-1.88
..
Exchange rate (/US$)
2 003.030
2 089.950
2 933.510
3 176.540
GDP by expenditure in 2015
(as % of total GDP)
85.97.716.534.444.585.97.716.534.444.5
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
0 %
FDI outflows as % of GDP in 2016
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
FDI inflows
86.02
808.15
440.83
540.59
FDI outflows
2.49
0.12
2.39
0.95
Personal remittances, % of GDP
2.29
6.26
4.40
..
Financial flows trends
(millions of US$)
427.5427.5427.5427.5427.5427.5396.7396.7398.4398.4547.0547.0337.5337.5374.7374.7301.2301.2174.9174.9115.2115.211.511.516.25415414414413513515675678128128108108088081 0661 0661 1691 169773773295295868695959595616193938383427.5427.5427.5396.7398.4547.0337.5374.7301.2174.9115.211.55414413515678128108081 0661 169773295869595619383FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2016
Balance, % of GDP
-15.45
-14.26
(e) -4.64
(e) -7.07
Balance, % of imports
-36.93
-36.36
(e) -11.92
(e) -17.99
Normalized balance
-0.226
-0.222
(e) -0.063
(e) -0.099
Trade openness ²
(sum of imports and exports as % of GDP)
727370696865646879777268
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2016
(as % of total labour force, all sectors)
Male
51%Male 51%Female
49%Female 49%
OTHER INDICATORS
More data on UNCTADstat
0.001 %
Share of the total world merchant fleet in 2016
Maritime transport indicators
 
2005
2010
2015
2016
Merchant fleet, national flag (thousands of DWT)
30 000 000
30 625 000
11 425 000
11 425 000
Liner shipping connectivity index (maximum 2004 = 100 for China)
6.83
7.38
11.37
10.73
Container port throughput (TEU)
..
141 093
(e) 181 808
..
Information economy indicators
(as % of)
2005
2010
2015
2016
Share of ICT goods, % of total exports
0.35
0.24
0.09
..
Share of ICT goods, % of total imports
4.63
3.13
3.29
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 15 September 2017