🇲🇬 Madagascar
MG / MDG #46
Nomad Score
46.0
Cities
16
Region
African Union,
Francophone,
Islands,
Africa,
Africa,
Eastern Africa,
Least Developed Countries
Currency
MGA
📊 KEY INDICATORS
GDP per capita (PPP) (2024)
$1,884
GDP (2030)
$31.0B
GDP Growth (2030)
5.0%
→
Inflation (2030)
6.0%
→
Unemployment (2025)
3.0%
↓
Population (2030)
36.1M
Pop. Growth (2030)
2.8%
→
Gini Index (2021)
36.8
Govt Debt (2030)
49.5% of GDP
Current Account (2030)
-5.0% of GDP
FDI Inflows (2024)
$606.2M
Life Expectancy (2023)
63.6 yrs
Health Spending (2023)
3.4% of GDP
Internet Users (2023)
20.4%
Mobile Subs (2023)
75.5/100
Trade Openness (2024)
55.0% of GDP
Exchange Rate (2024)
4,525.42/USD
Foreign Reserves (2024)
$2.8B
💰 GDP OVERVIEW
👤 GDP PER CAPITA (PPP)
📉 INFLATION (CPI)
👷 UNEMPLOYMENT
👥 POPULATION
🏛 FISCAL & TRADE
Govt Debt (2030)
49.5% of GDP
Current Account (2030)
-5.0% of GDP
FDI Inflows (2024)
$606.2M
⚖️ INCOME INEQUALITY (GINI)
Gini Index (2021)
0.37
Assessment
Moderate inequality
📋 HISTORICAL DATA
| Year | GDP | GDP/cap PPP | Growth | Inflation | Unemp. | Population | Gini | Debt | Curr. Acct | FDI | Life Exp. | Health | Internet | FX Rate |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2030 * | $31.0B | - | 5.0% | 6.0% | - | 36.1M | - | 49.5% | -5.0% | - | - | - | - | - |
| 2029 * | $28.0B | - | 5.0% | 6.0% | - | 35.1M | - | 51.7% | -5.1% | - | - | - | - | - |
| 2028 * | $25.4B | - | 4.9% | 6.0% | - | 34.1M | - | 51.6% | -5.3% | - | - | - | - | - |
| 2027 * | $23.0B | - | 4.9% | 6.4% | - | 33.2M | - | 51.4% | -6.0% | - | - | - | - | - |
| 2026 * | $21.1B | - | 4.3% | 7.2% | - | 32.3M | - | 50.9% | -6.5% | - | - | - | - | - |
| 2025 | $19.4B | - | 3.8% | 8.4% | 3.0% | 31.4M | - | 49.7% | -6.0% | - | - | - | - | - |
| 2024 | $17.4B | $1,884 | 4.2% | 7.6% | 3.1% | 30.6M | - | 50.3% | -5.4% | $606.2M | - | - | - | 4,525.42 |
| 2023 | $15.9B | $1,808 | 4.2% | 9.9% | 3.0% | 29.8M | - | 52.7% | -4.1% | $519.5M | 63.6 | 3.4% | 20.4% | 4,429.58 |
| 2022 | $15.3B | $1,717 | 4.2% | 8.2% | 3.2% | 29.0M | - | 49.9% | -5.4% | $467.8M | 63.1 | 3.2% | 18.6% | 4,096.12 |
| 2021 | $14.4B | $1,577 | 4.7% | 5.8% | 3.5% | 28.2M | 36.8 | 49.4% | -4.9% | $357.5M | 62.5 | 3.6% | 13.8% | 3,829.98 |
| 2020 | $13.1B | $1,490 | -7.1% | 4.2% | 3.3% | 27.3M | - | 52.9% | -5.4% | $358.5M | 62.7 | 3.7% | 11.4% | 3,787.75 |
| 2019 | $14.1B | $1,612 | 4.4% | 5.6% | 2.5% | 26.5M | - | 41.3% | -2.3% | $474.3M | 63.5 | 3.1% | 9.4% | 3,618.32 |
| 2018 | $13.8B | $1,547 | 3.2% | 8.6% | 2.3% | 25.7M | - | 42.9% | 0.7% | $612.0M | 63.5 | 4.2% | 7.8% | 3,334.75 |
| 2017 | $13.2B | $1,547 | 3.9% | 8.6% | 2.1% | 24.9M | - | 40.1% | -0.4% | $464.9M | 63.4 | 4.8% | 6.4% | 3,116.11 |
| 2016 | $11.8B | $1,562 | 4.0% | 6.1% | 2.0% | 24.2M | - | 40.3% | 0.5% | $540.8M | 63.4 | 5.3% | 4.7% | 3,176.54 |
| 2015 | $11.3B | $1,497 | 3.1% | 7.4% | 1.8% | 23.5M | - | 44.1% | -1.6% | $328.1M | 63.4 | 5.0% | 4.2% | 2,933.51 |
| 2014 | $12.5B | $1,499 | 3.3% | 6.1% | 1.4% | 22.8M | - | 37.8% | -0.3% | $372.9M | 63.3 | 4.5% | 3.7% | 2,414.81 |
| 2013 | $12.4B | $1,473 | 2.3% | 5.8% | 1.0% | 22.1M | - | 36.2% | -6.5% | $565.8M | 63.2 | 3.8% | 3.0% | 2,206.91 |
| 2012 | $11.6B | $1,464 | 3.0% | 5.7% | 0.6% | 21.5M | 42.6 | 30.4% | -7.5% | $814.8M | 63.0 | 3.9% | 2.3% | 2,194.97 |
| 2011 | $11.6B | $1,475 | 1.6% | 9.5% | 2.5% | 20.9M | - | 29.9% | -6.7% | $815.5M | 62.9 | 4.5% | 1.9% | 2,025.12 |
| 2010 | $10.0B | $1,464 | 0.6% | 9.2% | 4.3% | 20.3M | 42.4 | 32.3% | -8.9% | $912.3M | 62.6 | 4.7% | 1.7% | 2,089.95 |
| 2009 | $9.6B | $1,480 | -4.0% | 9.0% | 3.9% | 19.7M | - | 34.9% | -18.2% | $1.3B | 62.3 | 4.4% | 1.6% | 1,956.21 |
| 2008 | $10.7B | $1,577 | 6.7% | 9.3% | 3.4% | 19.1M | - | 31.0% | -15.6% | $1.1B | 62.0 | 4.1% | 1.7% | 1,708.37 |
| 2007 | $8.5B | $1,493 | 5.7% | 10.3% | 3.2% | 18.5M | - | 28.2% | -9.9% | $789.4M | 61.5 | 4.6% | 0.7% | 1,873.88 |
| 2006 | $6.4B | $1,416 | 5.4% | 10.8% | 3.0% | 18.0M | - | 32.2% | -9.2% | $294.7M | 61.1 | 5.1% | 0.6% | 2,142.30 |
| 2005 | $5.9B | $1,343 | 4.8% | 18.4% | 2.6% | 17.5M | 39.9 | 74.4% | -12.5% | $85.4M | 60.7 | 5.2% | 0.6% | 2,003.03 |
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