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25 May 2013
   
 
 
Article by: Motshabi Hoaeane

Madagascar

Capital city: Antananarivo
Languages: French, Malagasy (official)
 

Economic profile
Monetary unit: Malagasy franc (1Mgfr = $ 0.000089)1
GDP per capita: $9012
GDP composition by sector:
Agriculture: 28.3%3
Industry: 16.4%3
Services: 55.2%3
GDP growth rate: 0.6%4
Consumer price inflation: 9.5%5
Industries: Meat processing, seafood, soap, breweries, tanneries, sugar, textiles, glassware, cement, automobile assembly plant, paper, petroleum, tourism3
Exports of goods and nonfactor services: Shrimps and prawns (9.5%); vanilla (6.6%); jerseys, pullovers, cardigans, waistcoats and similar articles, knitted or crocheted, of wool (4.6%)6
Import commodities: Capital goods, petroleum, consumer goods, food3
Reserves (excluding gold, in million dollars): 1 279.17
Foreign direct investment (in million dollars): 8608
 

Budget
Government revenue, including grants (as percentage of GDP): 12.2%9
Government expenditure and net lending: 13.5%9
 

Social profile
Population (in thousands): 21 31510
Population growth: 2.9%10
Life expectancy at birth (in years): 66.711
Adult literacy (people over 15): 64.5%12
School enrolment primary (total gross enrolment): 148.6%13
School enrolment secondary (total gross enrolment): 31.1%13
School enrolment tertiary: 4%14
Unemployment: (figures not available)3
Number of people living with HIV/Aids: 0.2%15
 

1 http:// www.exchangerate.com
2 African Economic Outlook. Basic indicators (2011).
3 Central Intelligence Agency. World Factbook: Economy (2011).
4 African Economic Outlook. Real GDP growth rates (2011).
5 African Economic Outlook. Monetary indicators: inflation (2011).
6 African Economic Outlook. Exports (2010).
7 African Economic Outlook. Monetary indicators: reserves (2011).
8 African Economic Outlook. Foreign direct investment (2010).
9 African Economic Outlook. Public finances (2011).
10 African Economic Outlook. Demographic indicators (2010).
11 African Economic Outlook. Basic health indicators (2011).
12 African Economic Outlook. Basic education indicators (2009).
13 African Economic Outlook. School enrolment (2011).
14 World Bank. School enrolment tertiary (2010 to 2011).
15 African Economic Outlook. Major diseases (2009).

Edited by: Creamer Media Reporter
 
 
 
 
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