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Madagascar

Madagascar ยท MDG ยท Africa

25

Risk Score

Guardedโ†’ Stable

Risk Factors

No recent events in pipeline

Overview

Madagascar is an island nation off the southeast coast of Africa, renowned for its unique biodiversity and rich natural resources. Despite its potential, it remains one of the world's poorest countries, facing challenges with governance, infrastructure, and climate vulnerability.

Leadership

Andry Rajoelina

President

GOVERNMENT: Unitary semi-presidential republic

Christian Ntsay

Rasata Rafaravavitafika

Rindra Hasimbelo Rabarinirinarison

Economy

GDP

$19.0B

GDP per Capita

$650

GDP Growth

+5.0%

Inflation

7.5%

Unemployment

2.5%

AgricultureMiningTextilesTourism

Trade

Key Exports

VanillaNickelClovesCoffeeSeafood

Key Imports

Capital GoodsPetroleumConsumer GoodsFoodstuffs

Top Partners

FranceUnited StatesChinaGermanySouth Africa