Madagascar is the 158 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Madagascar averaged 114.50 from 2002 until 2019, reaching an all time high of 158 in 2019 and a record low of 82 in 2004. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Madagascar Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Exports in Madagascar increased to 917819 million MGA in December from 867920 million MGA in November of 2019. Exports in Madagascar averaged 447812.52 million MGA from 2008 until 2019, reaching an all time high of 1081927 million MGA in December of 2018 and a record low of 51994 million MGA in June of 2016. Madagascar’s political crisis brought a shift in the country’s export sheet. Previously a net exporter of apparel, Madagascar exports are now essentially agricultural and mineral. Main exports are: graphite, chromite, shrimp, coffee, vanilla and sugar. Madagascar main export partners are: China, France, Indonesia and United States. This page provides - Madagascar Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Madagascar decreased to 1112069 million MGA in December from 1191435 million MGA in November of 2019. Imports in Madagascar averaged 706893.22 million MGA from 2008 until 2019, reaching an all time high of 1386304 million MGA in October of 2018 and a record low of 253874 million MGA in October of 2011. Madagascar main imports are: fuel (27 percent of total imports), capital equipment (20 percent) and foodstuffs. Madagascar main import partners are: France, China, South Africa and Singapore. This page provides - Madagascar Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Madagascar recorded a trade deficit of 194250 million MGA in December of 2019. Balance of Trade in Madagascar averaged -259072.01 million MGA from 2008 until 2019, reaching an all time high of 177517 million MGA in December of 2018 and a record low of -772177 million MGA in June of 2016. Madagascar’s systemic trade deficit is due to the country’s dependency on the imports of fuel and capital equipment. Madagascar is a net exporter of graphite, coffee and vanilla. Main trading partners are: France, China and Indonesia. This page provides - Madagascar Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Madagascar decreased to 1.60 percent in 2019 from 1.70 percent in 2018. Unemployment Rate in Madagascar averaged 3.73 percent from 1991 until 2019, reaching an all time high of 5.80 percent in 1992 and a record low of 0.60 percent in 2012. In Madagascar, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Madagascar Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Electricity Production in Madagascar increased to 159.27 Gigawatt-hour in December from 153.25 Gigawatt-hour in November of 2019. Electricity Production in Madagascar averaged 135.96 Gigawatt-hour from 2012 until 2019, reaching an all time high of 164.58 Gigawatt-hour in July of 2019 and a record low of 106.39 Gigawatt-hour in February of 2013. This page provides - Madagascar Electricity Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Madagascar was recorded at 4 percent in December of 2019. Inflation Rate in Madagascar averaged 8.86 percent from 1997 until 2019, reaching an all time high of 30.40 percent in February of 2005 and a record low of -8.50 percent in June of 2003. In Madagascar, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides the latest reported value for - Madagascar Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Consumer Price Index in Madagascar increased 0.60 percent in December of 2019 over the previous month. Inflation Rate Mom in Madagascar averaged 0.68 percent from 2001 until 2019, reaching an all time high of 7.90 percent in March of 2002 and a record low of -3.80 percent in July of 2002. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Madagascar Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Madagascar increased 3.20 percent in December of 2019 over the same month in the previous year. Food Inflation in Madagascar averaged 9.50 percent from 2002 until 2019, reaching an all time high of 50.84 percent in February of 2005 and a record low of -10.27 percent in June of 2003. This page provides the latest reported value for - Madagascar Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Madagascar was worth 12.80 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Madagascar represents 0.01 percent of the world economy. GDP in Madagascar averaged 4.29 USD Billion from 1960 until 2019, reaching an all time high of 12.80 USD Billion in 2019 and a record low of 0.67 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Madagascar GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Madagascar was estimated at 26.9 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Madagascar had a population of 5.1 million people. The population of Madagascar represents 0.31 percent of the world´s total population which arguably means that one person in every 327 people on the planet is a resident of Madagascar. This page provides the latest reported value for - Madagascar Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The transportation sub-index of the CPI basket in Madagascar increased to 118 points in March of 2020 from 117.60 points in February of 2020. CPI Transportation in Madagascar averaged 213.28 points from 2001 until 2020, reaching an all time high of 333.30 points in November of 2015 and a record low of 97 points in March of 2016. This page provides - Madagascar Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Madagascar increased to 133.40 points in March from 132.30 points in February of 2020. Cpi Housing Utilities in Madagascar averaged 234.91 points from 2001 until 2020, reaching an all time high of 487.40 points in December of 2015 and a record low of 97.20 points in January of 2016. This page provides - Madagascar Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Madagascar thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Madagascar as reported by major credit rating agencies.

Madagascar recorded 193 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). Madagascar did not report any Coronavirus Deaths so far. This page includes a chart with historical data for Madagascar Coronavirus Cases.

Madagascar did not report any Coronavirus Deaths so far, according to the World Health Organization (WHO). This page includes a chart with historical data for Madagascar Coronavirus Deaths.

Madagascar recorded 101 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). Madagascar did not report any Coronavirus Deaths so far. This page includes a chart with historical data for Madagascar Coronavirus Recovered.

Madagascar recorded a Government Budget deficit equal to 2.30 percent of the country's Gross Domestic Product in 2018. Government Budget in Madagascar averaged -2.73 percent of GDP from 2000 until 2018, reaching an all time high of -0.39 percent of GDP in 2006 and a record low of -4.65 percent of GDP in 2005. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Madagascar Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Madagascar stands at 20 percent. Corporate Tax Rate in Madagascar averaged 22.14 percent from 2007 until 2020, reaching an all time high of 30 percent in 2008 and a record low of 20 percent in 2013. In Madagascar, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Madagascar. This page provides - Madagascar Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Madagascar recorded a government debt equivalent to 35.10 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Madagascar averaged 48.70 percent from 2000 until 2018, reaching an all time high of 111.88 percent in 2000 and a record low of 24.30 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides the latest reported value for - Madagascar Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages Low Skilled in Madagascar decreased to 324900 MGA/Month in 2018 from 382200 MGA/Month in 2017. Wages Low Skilled in Madagascar averaged 304825 MGA/Month from 2015 until 2018, reaching an all time high of 382200 MGA/Month in 2017 and a record low of 195500 MGA/Month in 2015. Low Skilled Wages refer to highest estimate of wage of workers doing low-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

The Gross Domestic Product per capita in Madagascar was last recorded at 432.70 US dollars in 2018. The GDP per Capita in Madagascar is equivalent to 3 percent of the world's average. GDP per capita in Madagascar averaged 528.42 USD from 1960 until 2018, reaching an all time high of 755 USD in 1971 and a record low of 374.50 USD in 2002. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Madagascar GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M3 in Madagascar increased to 12244 MGA Billion in November from 12089 MGA Billion in October of 2019. Money Supply M3 in Madagascar averaged 6935.52 MGA Billion from 2008 until 2019, reaching an all time high of 12244 MGA Billion in November of 2019 and a record low of 3606 MGA Billion in November of 2008. This page provides - Madagascar Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Madagascar scored 42.86 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Madagascar averaged 6.42 Points from 2007 until 2019, reaching an all time high of 42.86 Points in 2019 and a record low of 3.32 Points in 2016. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Madagascar Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Living Wage Family in Madagascar remained unchanged at 672000 MGA/Month in 2018 from 672000 MGA/Month in 2018. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.

The Gross Domestic Product (GDP) in Madagascar expanded 5.20 percent in 2019 from the previous year. GDP Annual Growth Rate in Madagascar averaged 2.10 percent from 1961 until 2019, reaching an all time high of 9.85 percent in 1979 and a record low of -12.70 percent in 2002. Madagascar is one of the poorest countries in the world with over 70 percent of population living below the poverty line. Madagascar’s economy depends on agriculture (shrimps, spices, coffee, cacao, cotton, tobacco are the most important products), ecotourism and mining (graphite, chromie). After years of stable growth, the country faced a military coup in 2009. As a result, the economic activity slowed down substantially, tourism revenues dropped and financial aid for the country was halted. Yet, as democracy and order return to Madagascar, tourism and foreign direct investments are recovering and increasing expectations of fast recovery. This page provides - Madagascar GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Car Registrations in Madagascar decreased to 435 in December from 756 in November of 2019. Car Registrations in Madagascar averaged 1285.83 from 2011 until 2019, reaching an all time high of 1962 in July of 2013 and a record low of 435 in December of 2019. In Madagascar, Car Registrations refers to total registrations in Antananarivo, including new and used vehicles. This page provides - Madagascar Car Registrations - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Madagascar stands at 1 percent. Social Security Rate For Employees in Madagascar averaged 1.42 percent from 2007 until 2019, reaching an all time high of 2 percent in 2009 and a record low of 1 percent in 2008. In Madagascar, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Madagascar because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Madagascar Social Security Rate For Employees - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index Cpi in Madagascar increased to 128.50 points in March from 127.70 points in February of 2020. Consumer Price Index Cpi in Madagascar averaged 70.38 points from 2001 until 2020, reaching an all time high of 128.50 points in March of 2020 and a record low of 26.90 points in June of 2001. This page provides - Madagascar Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Madagascar stands at 20 percent. Personal Income Tax Rate in Madagascar averaged 21.79 percent from 2007 until 2020, reaching an all time high of 30 percent in 2007 and a record low of 20 percent in 2013. In Madagascar, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Madagascar. This page provides the latest reported value for - Madagascar Personal Income Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in Madagascar was last recorded at 1452.60 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Madagascar, when adjusted by Purchasing Power Parity is equivalent to 8 percent of the world's average. GDP per capita PPP in Madagascar averaged 1418.39 USD from 1990 until 2018, reaching an all time high of 1653.20 USD in 1990 and a record low of 1257.30 USD in 2002. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Madagascar GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Madagascar stands at 18 percent. In Madagascar, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Madagascar because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Madagascar Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Madagascar is ranked 161 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Madagascar remained unchanged at 161 in 2019 from 161 in 2018. Ease of Doing Business in Madagascar averaged 153.08 from 2008 until 2019, reaching an all time high of 169 in 2015 and a record low of 134 in 2009. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Madagascar.

Terrorism Index in Madagascar decreased to 1.96 in 2018 from 2.61 in 2017. Terrorism Index in Madagascar averaged 1.61 from 2002 until 2018, reaching an all time high of 3.29 in 2016 and a record low of 0 in 2007. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Tourist Arrivals in Madagascar decreased to 35150 in December from 45085 in November of 2019. Tourist Arrivals in Madagascar averaged 21225.40 from 2008 until 2019, reaching an all time high of 45085 in November of 2019 and a record low of 9526 in February of 2009. This page provides - Madagascar Tourist Arrivals - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Living Wage Individual in Madagascar remained unchanged at 351100 MGA/Month in 2018 from 351100 MGA/Month in 2018. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.

Madagascar is the 132 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Madagascar averaged 125.54 from 2007 until 2019, reaching an all time high of 132 in 2014 and a record low of 111 in 2007. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Madagascar Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Deposit Interest Rate in Madagascar remained unchanged at 13 percent in January from 13 percent in December of 2019. Deposit Interest Rate in Madagascar averaged 14.21 percent from 1989 until 2020, reaching an all time high of 24 percent in April of 1996 and a record low of 8 percent in April of 1998. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Madagascar.

The Sales Tax Rate in Madagascar stands at 20 percent. Sales Tax Rate in Madagascar averaged 20.08 percent from 2008 until 2020, reaching an all time high of 21 percent in 2009 and a record low of 20 percent in 2008. In Madagascar, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Madagascar. This page provides - Madagascar Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Madagascar stands at 19 percent. Social Security Rate in Madagascar averaged 19.42 percent from 2007 until 2019, reaching an all time high of 20 percent in 2009 and a record low of 19 percent in 2008. In Madagascar, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Madagascar because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Madagascar Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Madagascar was last recorded at 9.50 percent. Interest Rate in Madagascar averaged 12.54 percent from 1994 until 2020, reaching an all time high of 33 percent in April of 1995 and a record low of 7 percent in January of 2002. In Madagascar, interest rates decisions are taken by the Central Bank of Madagascar’s Monetary Policy Committee. The CBM’s official interest rate is the key rate. This page provides - Madagascar Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crowds of worshippers waved yellow-and-white Vatican flags and cheered as the Popemobile made its way into the stadium in the capital Antananarivo (pictured).

Tunisia ended Madagascar's remarkable Africa Cup of Nations run when they beat the rank outsiders 3-0 in their quarter-final, notching their first win of the tournament in the process.

Francois Kamano struck from the spot after Anicet Andrianantenaina and Carolus Andriamatsinoro goals early in the second half had put the debutants ahead.

Yannick Bolasie missed from the spot as Africa Cup of Nations debutants Madagascar beat DR Congo in a dramatic penalty shootout to reach the quarter-finals.

Embassy of India, Antananarivo
4, Lalana Rajaonson Emile,
Tsaralalana, PO Box No.1787,
Antananarivo. [*Con. acc. as Amb to Union of Comoros (Moroni)].

Telephone: 00-261-20-2223334, 2227156
Fax: 00-261-20-2233790, 2260081
E-Mail:indesecamb@blueline.mg (Amb),amb.aanarivo@mea.gov.in (Amb),indembmd@blueline.mg (General), hoc.aanarivo@mea.gov.in (HOC),indcomsec@blueline.mg (Commercial)
Website:www.embassyofindia.mg

Ambassador- Designate
Manju Seth
Second Secretary and Cd'A, a.i.
Sukhvinder Singh

Madagascar is putting its self-proclaimed, plant-based "cure" for COVID-19 on sale and several countries in Africa have already put in orders for purchase, despite warnings from the World Health Organisation that its efficacy is unproven.

The herbal remedy is derived from artemisia -- a plant with proven success in treating malaria -- and other indigenous herbs.

Animated sequels are nothing compared to their spin-offs. Why watch “Madagascar 4” when the new “Penguins of Madagascar” looks infinitely better and it isn’t bound to the original template? Angry Nerd explains why he’ll take animated spin-offs like “Puss in Boots” to another “Shrek” any day.

Jennings, Eric, author