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Madagascar Madagascar
Madagascar

Madagascar

The Republic of Madagascar (Malagasy: Repoblikan'i Madagasikara, Malagasy pronunciation: [republiˈkʲan madaɡasˈkʲarə̥]; French: République de Madagascar), or Madagascar (; Malagasy: Madagasikara) (and previously known as the Malagasy Republic), is an island country in the Indian Ocean, approximately 400 kilometres (250 miles) off the coast of East Africa across the Mozambique Channel. At 592,800 square kilometres (228,900 sq mi) Madagascar is the world's second-largest country that consists primarily of islands, after Indonesia. The nation consists of the island of Madagascar (the fourth-largest island in the world) and numerous smaller peripheral islands. Following the prehistoric breakup of the supercontinent Gondwana, Madagascar split from the Indian subcontinent around 88 million years ago, allowing native plants and animals to evolve in relative isolation. Consequently, Madagascar is a biodiversity hotspot; over 90% of its wildlife is endemic. Human settlement of Madagascar occurred during or before the mid first millennium AD by Austronesian peoples, presumably arriving on outrigger canoes from present-day Indonesia. These were joined around the 9th century AD by Bantu migrants crossing the Mozambiqu... [More]
  • Last : 24,358.07
  • High : 24,413.95
  • Low : 24,221.50
  • Max Fluctuation : 73.98
  • Max Fluctuation % : 0.07%
  • Open : 24,282.46
  • Time : 05:14:42
  • Yesterday : 24,282.46
  • Change % : 0.31%
  • Change : 75.61
  • Last : 1,799.62
  • High : 1,802.3
  • Low : 1,798.83
  • Max Fluctuation : 1.1
  • Max Fluctuation % : 0.08%
  • Open : 1,802.2
  • Time : 05:14:51
  • Yesterday : 1,803.64
  • Change % : 0.22%
  • Change : 4.02
  • Last : 91.84
  • High : 91.97
  • Low : 91.22
  • Max Fluctuation : 0.64
  • Max Fluctuation % : 0.68%
  • Open : 91.27
  • Time : 05:14:51
  • Yesterday : 91.88
  • Change % : 0.04%
  • Change : 0.04
  • Last : 0.9746
  • High : 0.9754
  • Low : 0.9745
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.9748
  • Time : 05:13:27
  • Yesterday : 0.9747
  • Change % : 0.01%
  • Change : 0.0001

Madagascar Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
EUR/MGA Ask 4235 4234 4232 4235 1.00 0.02% 2022/08/15 Time 5:09
USD/MGA Ask 4125.7 - 4098.11 4300 0.00 0.00% 2022/08/13 Time 0:06

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Metric
Balance of Trade
-521636 22 Mar -506108 million MGA
CPI Housing Utilities
140 22 May 140 points
CPI Transportation
127 22 May 127 points
Car Registrations
1577 22 Mar 974
Competitiveness Index
42.86 19 Dec 3.4 Points
Competitiveness Rank
132 19 Dec 121
Consumer Price Index CPI
146 22 May 144 points
Coronavirus Cases
66557 22 Aug 66491 Persons
Coronavirus Deaths
1403 22 Jul 1401 Persons
Corporate Tax Rate
20 21 Dec 20 percent
Corruption Index
26 21 Dec 25 Points
Corruption Rank
147 21 Dec 149
Credit Rating
15
Currency
4097 22 Aug 4115
Current Account
-94.1 21 Dec -328 MGA Million
Current Account to GDP
-5.5 21 Dec -3.5 percent of GDP
Deposit Interest Rate
13.75 22 Apr 13.75 percent
Ease of Doing Business
161 19 Dec 161
Electricity Production
165 22 Mar 143 Gigawatt-hour
Exports
850003 22 Mar 1098008 million MGA
Food Inflation
7.8 22 May 7.5 percent
GDP
14.64 21 Dec 13.23 USD Billion
GDP Annual Growth Rate
4.4 21 Dec -4 percent
GDP per capita
450 21 Dec 442 USD
GDP per capita PPP
1489 21 Dec 1464 USD
Government Budget
-5.4 21 Dec -4 percent of GDP
Government Debt to GDP
44.8 20 Dec 38.7 percent of GDP
IP Addresses
34386 17 Mar 31727 IP
Imports
1371639 22 Mar 1604116 million MGA
Inflation Rate
6.4 22 May 6.17 percent
Inflation Rate Mom
0.66 22 May 0.73 percent
Interest Rate
9.5 22 Mar 9.5 percent
Internet Speed
3320 17 Mar 3329 KBps
Military Expenditure
87.8 20 Dec 76.6 USD Million
Money Supply M3
16909 22 May 16611 MGA Billion
Personal Income Tax Rate
20 20 Dec 20 percent
Population
27.69 20 Dec 26.97 Million
Terrorism Index
1.19 19 Dec 1.96
Tourist Arrivals
4718 21 Dec 8302
Unemployment Rate
2.6 21 Dec 2.5 percent
Indicator Actual Q1 Q2 Q3 Q4 Metric
Balance of Trade -521636 -830000 -660000 -710000 -570000 million MGA
CPI Transportation 127 128 128 128 129 points
Car Registrations 1577 1215 1230 1100 1100
Consumer Price Index CPI 146 148 149 150 152 points
Corporate Tax Rate 20 20 20 20 percent
Currency 4097 4123 4150 4177 4204
Current Account -94.1 -230 -170 -170 -170 MGA Million
Current Account to GDP -5.5 -6 -4.8 -4 percent of GDP
Deposit Interest Rate 13.75 14.25 14.25 14.25 14.25 percent
Electricity Production 165 162 160 164 164 Gigawatt-hour
Exports 850003 720000 740000 710000 710000 million MGA
Food Inflation 7.8 7.3 6 5 4.5 percent
GDP 14.64 14.5 15.3 15.3 USD Billion USD Billion
GDP Annual Growth Rate 4.4 2.7 2.7 4.1 4.1 percent
GDP per capita 450 475 475 485 USD USD
GDP per capita PPP 1489 1645 1645 1645 USD USD
Government Budget -5.4 -7 -7 -6.2 -6.2 percent of GDP
Government Debt to GDP 44.8 43 43 44 percent of GDP
Imports 1371639 1380000 1450000 1280000 1280000 million MGA
Inflation Rate 6.4 6.5 6 4.7 4.4 percent
Inflation Rate Mom 0.66 0.7 0.4 0.2 0.2 percent
Interest Rate 9.5 10 10 10 10 percent
Military Expenditure 87.8 75 75 75 75 USD Million
Personal Income Tax Rate 20 20 20 20 percent
Population 27.69 29.02 29.02 29.02 Million Million
Tourist Arrivals 4718 2300 3000 1800 1800
Unemployment Rate 2.6 2.6 2.6 2.5 2.5 percent