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    Madagascar

    Continent
    Africa
    Capital
    Antananarivo
    Population
    29,452,714
    Sub-Zones
    22
    General Information
    Basic details about Madagascar
    Population:
    29,452,714
    Area:
    587,041 sq km
    Currency:
    Malagasy ariary
    Languages:
    Malagasy, French, English 8.2, other 0.6
    Economic Overview
    Key economic indicators for Madagascar
    GDP:
    $51.265 billion
    GDP per Capita:
    $1,600
    GDP Growth:
    3.8%
    Inflation:
    9.87%
    Unemployment:
    3.06%
    Public Debt:
    36% of GDP
    Political System
    Governance structure of Madagascar
    Government Type:
    semi-presidential republic
    Head of State:
    President Andry RAJOELINA (since 16 December 2023)
    Head of Government:
    Prime Minister Christian NTSAY (since 6 June 2018)
    Judiciary:
    Supreme Court or Cour Supreme (consists of 11 members; addresses judicial administration issues only); High Constitutional Court or Haute Cour Constitutionnelle (consists of 9 members); High Court of Justice (consists of 11 members; addresses cases brought against the president of Madagascar and high officials for high treason, grave violations of the Constitution, or breach of  duties incompatible with the exercise of the presidential mandate)
    Administrative Divisions:
    6 provinces (faritany); Antananarivo, Antsiranana, Fianarantsoa, Mahajanga, Toamasina, Toliara

    Major Political Parties

    • Not specified
    International Relations
    Global position and alliances
    UN Member:
    Yes
    EU Member:
    No
    Diplomatic Presence:
    2374 Massachusetts Avenue NW, Washington, DC 20008

    Major Alliances and Organizations

    AU
    Economic Sectors & Trade
    Detailed economic breakdown

    Major Economic Sectors

    Agriculture
    22.6% (2023 est.)
    Industry
    22.4% (2023 est.)
    Services
    44.7% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

    Trade Volume

    Exports:
    $4.689 billion
    Imports:
    $6.041 billion

    Major Trading Partners

    USA 16
    France 15
    Japan 8
    China 6
    S. Korea 6

    Economic Outlook

    Madagascar has a 3.8% GDP growth rate with 9.87% inflation. The economy is characterized by a strong agriculture sector.