Madagascar

Country in Africa

In brief

GDP per person: $599 (2025). World rank 207 of 210 (1 = best); in Africa, 50 of 52. Gross national income per person: $560 (2025). World rank 198 of 201 (1 = best); in Africa, 50 of 52. Women in work or seeking work: 82.9% (2025). World rank 1 of 186; in Africa, 1 of 53. From 2015 to 2025: GDP $11.3B → $19.6B, GDP per person $445 → $599, and GDP per person at purchasing power parity $1,497 → $1,952.

Size and growth

GDP: $19.6B 2025
GDP per person: $599 2025
GDP per person at purchasing power parity: $1,952 2025
GDP growth per year: +3% 2025

Income and prices

Income level (World Bank): Low income
Gross national income per person: $560 2025
Inflation: +8.1% 2025
Price level, USA = 100: 31 2025

Structure and jobs

Agriculture, share of GDP: 21.7% 2025
Industry, share of GDP: 23.9% 2025
Services, share of GDP: 48.8% 2025
Unemployment: 3% 2025
Youth unemployment, ages 15–24: 5.3% 2025
Women in work or seeking work: 82.9% 2025

Trade and finance

Exports, share of GDP: 21.3% 2025
Imports, share of GDP: 32.9% 2025
Current account balance, share of GDP: -5.2% 2025
Foreign direct investment, share of GDP: +4.5% 2025
Remittances received, share of GDP: 3.1% 2025
Tax revenue, share of GDP: 10.9% 2024
Currency: Malagasy Ariary (MGA)

Poverty and inequality

Gini index (0 = full equality): 36.8 2021
Living on under $3 a day: 69.2% 2021