Madagascar

Description of Madagascar

Madagascar, an island nation located off the southeastern coast of Africa, is a country of immense natural beauty, rich biodiversity, and vibrant culture. With a unique blend of African, Asian, and European influences, Madagascar stands out as a melting pot of traditions and customs. As the fourth largest island in the world, Madagascar boasts stunning landscapes ranging from lush rainforests to pristine beaches, making it a haven for ecotourism. However, despite its natural riches, Madagascar faces various challenges such as poverty, political instability, and environmental degradation. This website aims to delve into the economic, political, and social aspects of Madagascar, providing insight into the country's development trajectory and its role in the global arena.

Population And Age Structure

Population, total: Madagascar has a population of 28,225,177, which is below the average population of 40,097,746. Madagascar ranks 51 out of 194 countries in terms of population.

Population ages 0-14 (% of total population): With 39.72% of its population falling between the ages of 0-14, Madagascar exceeds the average of 27.34%. Madagascar ranks 36 out of 194 countries in this age group distribution.

Population ages 0-14, total: The total number of individuals aged 0-14 in Madagascar is 11,210,943, which is above the average of 10,327,380. Madagascar ranks 39 out of 194 countries in this category.

Population ages 15-64 (% of total population): Madagascar has 57.03% of its population aged between 15-64, below the average of 63.44%. Madagascar ranks 159 out of 194 countries in this age group distribution.

Population ages 15-64, total: The total number of individuals aged 15-64 in Madagascar is 16,097,988, which is significantly below the average of 26,003,407. Madagascar ranks 53 out of 194 countries in this category.

Population ages 65 and above (% of total population): Only 3.25% of Madagascar's population is aged 65 and above, much lower than the average of 9.22%. Madagascar ranks 155 out of 194 countries in this age group distribution.

Population ages 65 and above, total: The total number of individuals aged 65 and above in Madagascar is 916,246, well below the average of 3,766,959. Madagascar ranks 73 out of 194 countries in this category.

Summary

Madagascar has a relatively young population, with a higher percentage of individuals aged 0-14 compared to the global average, indicating a potential demographic dividend in the future. However, the country has a lower percentage of individuals aged 15-64, which may impact its workforce and economic productivity. The low percentage of individuals aged 65 and above suggests challenges in healthcare and support for the elderly population.

These demographic indicators are crucial for policymakers and investors to understand the country's population structure, anticipate future labor force dynamics, and plan for social welfare systems to support an aging population.

Population Miscellaneous

Madagascar's rural population is 17,348,887, which is below the average rural population of 18,044,041. Madagascar ranks 32 out of 190 countries in this category.

The percentage of Madagascar's total population living in rural areas is 61.47%, significantly higher than the average of 41.16%. Madagascar ranks 45 out of 190 countries in this metric.

Madagascar's urban population stands at 10,876,290, below the average urban population of 22,425,747. Madagascar ranks 58 out of 194 countries in urban population.

The percentage of Madagascar's total population living in urban areas is 38.53%, lower than the average of 59.69%. Madagascar's rank is 150 out of 194 countries in urban population percentage.

Madagascar's age dependency ratio is 75.33%, higher than the average of 59.22%. The country ranks 36 out of 194 countries in this metric.

The crude birth rate in Madagascar is 31.34 births per 1,000 people, higher than the average of 19.38. Madagascar ranks 30 out of 192 countries in this statistic.

Madagascar's crude death rate is 6.80 deaths per 1,000 people, below the average of 8.21 deaths. The country's rank is 124 out of 192 countries in this metric.

The total fertility rate in Madagascar is 3.92 births per woman, higher than the average of 2.60. Madagascar ranks 37 out of 190 countries in this category.

Summary

Madagascar exhibits a rural-centric demographic landscape with a high percentage of its population residing in rural areas compared to the global average. The country also has a relatively high age dependency ratio and total fertility rate, indicating a youthful population with implications for future labor force dynamics and social welfare demands.

Military

Madagascar's military expenditure in current USD is $87,357,752.07, which is significantly below the average of $12,904,993,617.17. Madagascar ranks 125th out of 149 countries in this attribute data.

The country's military expenditure as a percentage of GDP is 0.67%, much lower than the average of 1.90%. Madagascar is ranked 132nd out of 148 countries in this metric.

Madagascar's arms imports stand at $1,000,000, a substantial deviation from the average of $205,522,123.89. The country ranks 111th out of 113 countries in this category.

With a total of 22,000 armed forces personnel, Madagascar is below the average of 165,908.54 personnel. The country ranks 101st out of 164 nations in this attribute.

The percentage of armed forces personnel in Madagascar's total labor force is 0.15%, well under the average of 1.28%. Madagascar is positioned at 155th out of 164 countries in this parameter.

Summary

Madagascar's military expenditure, arms imports, armed forces personnel, and their percentage in the total labor force are all significantly below global averages, indicating a relatively low level of militarization compared to other countries. These findings suggest that Madagascar prioritizes other areas of development over military spending, potentially allocating resources to social welfare, infrastructure, or economic growth instead of defense.

Natural Resources

Madagascar's forest area covers 124,298.1 sq. km, below the average of 211,606.11 sq. km, ranking 49th out of 191 countries.

The country's land area is 581,800 sq. km, lower than the average of 665,166.51 sq. km, ranking 43rd out of 194 countries.

Madagascar's surface area is 587,295 sq. km, under the average of 689,779.56 sq. km, ranking 45th out of 194 countries.

With 3,000,000 hectares of arable land, Madagascar falls short of the average of 7,329,543.16 hectares, ranking 66th out of 190 countries.

The land under cereal production in Madagascar is 1,804,520 hectares, below the average of 4,206,011.63 hectares, ranking 58th out of 174 countries.

The country's average precipitation depth is 1,513 mm per year, exceeding the average of 1,157.83 mm per year, ranking 56th out of 178 countries.

In terms of renewable internal freshwater resources, Madagascar has 337 billion cubic meters, surpassing the average of 240.41 billion cubic meters, ranking 23rd out of 178 countries.

Summary

Madagascar's land area, forest area, arable land, and land under cereal production are below global averages, indicating limitations in agricultural potential. However, the country receives above-average precipitation and has abundant freshwater resources, offering opportunities for improving agricultural productivity through efficient water management practices. These indicators are crucial in assessing Madagascar's agricultural sustainability, food security, and environmental conservation efforts.

Resource Rents

Madagascar's total natural resources rents account for 5.66% of its GDP, which is above the average of 4.63%. This places Madagascar at rank 45 out of 175 countries in the dataset.

When it comes to forest rents, Madagascar's value is significantly higher at 5.61% compared to the average of 1.53%. This places Madagascar at rank 12 out of 174 countries in the dataset.

However, Madagascar's oil rents are relatively low at 0.05% of GDP, below the average of 2.51%. This places Madagascar at rank 74 out of 117 countries in the dataset.

Summary

Madagascar has a notable advantage in natural resources and forest rents compared to the global averages, ranking relatively high in the dataset. However, its low oil rents indicate an underutilization of this particular resource, positioning the country below the average ranking. These statistics are crucial as they highlight Madagascar's economic potential and the areas where further investment and development could lead to increased economic growth and sustainability.

Commodities

Madagascar's cereal production of 4,455,179.51 metric tons is below the average of 17,249,945.93 metric tons, ranking 63 out of 174 countries. Aquaculture production in Madagascar is 13,550.45 metric tons, significantly lower than the average of 679,642.92 metric tons, ranking 72 out of 180 countries.

Madagascar's capture fisheries production is 111,152.84 metric tons, below the average of 467,453.06 metric tons, ranking 74 out of 190 countries. Total fisheries production in Madagascar is 124,703.29 metric tons, also below the average of 1,153,914.85 metric tons, with a rank of 77 out of 182 countries.

Madagascar's fertilizer consumption of 10.58 kilograms per hectare of arable land is below the average of 159.04 kilograms per hectare, ranking 158 out of 187 countries in the dataset.

Summary

Madagascar's agricultural and fisheries production levels are significantly below global averages, ranking relatively low among countries. Furthermore, the country's fertilizer consumption per hectare of arable land is remarkably low compared to the dataset's average, placing Madagascar in a disadvantaged position for agricultural productivity and sustainability.

These indicators are crucial as they highlight Madagascar's challenges in achieving food security, economic growth, and competitiveness in the global market. Low production levels and limited fertilizer usage signify a need for increased investment in agriculture, modern farming techniques, and infrastructure to enhance the country's agricultural output and overall economic resilience.

Intellectual Property

Madagascar's industrial design applications by nonresidents are significantly below the average of 1415.83, ranking 99th out of 112 countries in the dataset.

For industrial design applications by residents, Madagascar's value is well below the average of 9799.58, placing it at 59th out of 113 countries.

Madagascar's patent applications by nonresidents are also notably below the average of 6538.40, ranking 87th out of 129 countries.

On the other hand, Madagascar's patent applications by residents are considerably below the average of 19037.56, placing it at 104th out of 117 countries.

Madagascar's trademark applications by nonresidents are significantly lower than the average of 15878.93, positioning it at 93rd out of 130 countries.

Similarly, for trademark applications by residents, Madagascar's value is well below the average of 111055.78, ranking 79th out of 129 countries.

In terms of scientific and technical journal articles, Madagascar's value is notably below the average of 15103.76, ranking 126th out of 192 countries.

Madagascar's charges for the use of intellectual property payments are considerably below the average of $3,218,843,494.39, placing it at 102nd out of 143 countries.

Lastly, Madagascar's charges for the use of intellectual property receipts are significantly lower than the average of $3,191,687,117.58, ranking 89th out of 122 countries.

Summary

Madagascar's performance in key macroeconomic indicators related to intellectual property and industrial design lags significantly behind global averages, with the country consistently ranking below average in applications for patents, trademarks, and industrial designs by both residents and nonresidents as well as in the publication of scientific articles. Additionally, Madagascar's charges for the use of intellectual property payments and receipts are considerably below the global average. These indicators are crucial as they highlight Madagascar's limited innovation, research, and utilization of intellectual property, suggesting potential challenges in fostering technological advancements, economic growth, and competitiveness on a global scale.

Broad Economy Attributes

Madagascar's GDP (current US$) is significantly below the average of $442,870,224,838.68, ranking 128th out of 189 countries.

For GDP, PPP (current international $), Madagascar's value is notably lower than the average of $734,141,122,350.78, placing the country at the 109th position out of 181 countries.

Madagascar's GDP per capita (current US$) is substantially under the average of $15,462.11, with a rank of 187th out of 190 countries.

In terms of GDP per capita, PPP (current international $), Madagascar's value is well below the average of $21,251.89, positioning the country at the 175th rank out of 181 countries.

Regarding GNI (current US$), Madagascar's value is notably lower than the average of $452,040,815,370.70, ranking 126th out of 185 countries.

For GNI, PPP (current international $), Madagascar's value is significantly below the average of $730,698,223,823.47, placing the country at the 111th position out of 181 countries.

Madagascar's GNI per capita, PPP (current international $) is substantially under the average of $20,615.75, with a rank of 175th out of 181 countries.

Summary

Madagascar's key macroeconomic indicators, including GDP, GDP per capita, GNI, and GNI per capita, consistently indicate that the country is lagging behind global averages and ranks relatively low among countries worldwide. These statistics highlight the economic challenges faced by Madagascar in terms of overall economic output, income levels, and purchasing power compared to other nations. Addressing these disparities is crucial for Madagascar to improve its economic development, standard of living, and competitiveness on the global stage.

Broad Value Added

Madagascar's Gross value added at basic prices (GVA) is $12,017,601,641, below the average of $360,070,943,595. Madagascar ranks 122 out of 176 countries in this attribute.

With Agriculture, forestry, and fishing contributing to 24.69% of Madagascar's GDP, which is significantly higher than the average of 10.86%. Madagascar ranks 21 out of 182 countries in this aspect.

The value added in Agriculture, forestry, and fishing in Madagascar is $3,222,785,119, much below the average of $19,924,732,828. Madagascar ranks 90 out of 182 countries for this metric.

Madagascar's Services value added is 50.39% of its GDP, below the average of 56.72%. The country ranks 136 out of 183 nations in this category.

Services value added in Madagascar is $6,577,012,082, significantly lower than the average of $295,837,711,131. Madagascar ranks 127 out of 183 countries in this aspect.

Madagascar's Industry (including construction) value added is $2,540,617,965, way below the average of $118,421,095,413. The country ranks 137 out of 183 nations in this attribute.

Summary

Madagascar exhibits a relatively low Gross value added at basic prices (GVA) compared to the global average, ranking 122 out of 176 countries. The country's heavy reliance on Agriculture, forestry, and fishing, contributing significantly more to its GDP compared to the average, highlights a sector with untapped potential. However, the stark contrast in the value added within this sector and the underperformance in Services and Industry, positions Madagascar lower in the global ranking, indicating room for diversification and growth to improve economic stability and competitiveness.

Manufacturing Value Added

Madagascar's Manufacturing, value added (current US$) stands at $1,269,250,621.84, ranking 121 out of 173 countries. This value is significantly below the average of $76,207,179,589.66.

For Manufacturing, value added (% of GDP), Madagascar's rate of 9.72% is lower than the average of 11.90%. The country ranks 104 out of 173 in this aspect.

In terms of Medium and high-tech manufacturing value added (% manufacturing value added), Madagascar's value of 3.28% is far below the average of 24.49%. This places Madagascar at a rank of 138 out of 149 countries.

Summary

Madagascar's manufacturing sector lags behind compared to the global average, with a significantly lower total value added both in terms of current US dollars and as a percentage of GDP. The country also falls short in medium and high-tech manufacturing value added. These indicators suggest that Madagascar's industrial sector may need further investment and development to enhance its contribution to the economy and improve overall competitiveness in the global market.

Money

Madagascar's consumer price inflation rate is 4.20%, below the average of 8.26%. The country ranks 43rd out of 165 countries in this data set.

Madagascar's GDP deflator inflation is 4.31%, lower than the average of 6.90%. It ranks 55th out of 188 countries in this dataset.

The annual broad money growth rate in Madagascar is 11.05%, which is below the average of 18.03%. Madagascar is ranked 88th out of 139 countries.

Madagascar's broad money as a percentage of GDP is 28.24%, significantly lower than the average of 71.75%. The country ranks 125th out of 139 countries in this metric.

The ratio of broad money to total reserves in Madagascar is 1.86, below the average of 5.17. Madagascar is placed 96th out of 126 countries in this dataset.

Summary

Madagascar demonstrates relatively low inflation rates in both consumer prices and GDP deflator compared to global averages, indicating economic stability. However, the country lags behind in terms of broad money metrics, with lower growth rates, lower percentage of broad money to GDP, and a lower ratio of broad money to total reserves. These limitations could impact Madagascar's ability to stimulate economic growth, invest in infrastructure, and respond to financial crises effectively.

Consumption Expenditure

Madagascar's final consumption expenditure in current US dollars is $12,490,596,94.10. This is significantly below the average of $381,630,252,515.38 among 159 countries, ranking Madagascar at 112th place.

Final consumption expenditure as a percentage of GDP in Madagascar is 95.70%, exceeding the average of 82.37%. Madagascar ranks 24th out of 159 countries in this aspect.

Madagascar's general government final consumption expenditure in current US dollars is $2,443,748,099.02, much lower than the average of $93,676,578,238.03. This places Madagascar at 110th out of 158 countries.

The percentage of GDP spent by the general government on final consumption in Madagascar is 18.72%, slightly above the average of 18.71%. Madagascar ranks 71st among 158 countries.

Household and NPISHs final consumption expenditure in current US dollars in Madagascar is $10,046,811,595.28, significantly below the average of $290,127,571,157.69. Madagascar ranks 112th out of 158 countries in this aspect.

Madagascar's household and NPISHs final consumption expenditure as a percentage of GDP is 76.98%, higher than the average of 63.68%. This places Madagascar at 32nd out of 158 countries.

Summary

Madagascar demonstrates a pattern of lower final consumption expenditure across different categories compared to the global average, positioning the country in intermediate to lower rankings among a large group of nations. Despite this, Madagascar shows a relatively higher proportion of GDP allocated towards final consumption expenditure by households and NPISHs, indicating a significant contribution to the country's economic activity.

These statistics are crucial as they provide insights into Madagascar's domestic consumption patterns and government spending priorities compared to a broad international benchmark. Understanding these figures can help policymakers, investors, and analysts assess the country's economic development, potential growth areas, and areas that may require attention or improvement.

Investment

Madagascar's Foreign direct investment (FDI) net stands at -239,373,734.59 USD, below the average of -1,615,235,980.51 USD. This places Madagascar at rank 80 out of 169 countries in the dataset.

The country's Foreign direct investment net inflows are 358,467,141.41 USD, significantly lower than the average of 5,749,271,080.15 USD. Madagascar is ranked 104 out of 182 countries in this metric.

Foreign direct investment net inflows as a percentage of GDP in Madagascar is 2.75%, slightly above the average of 2.61%. This places Madagascar at rank 69 out of 178 countries.

Madagascar's Foreign direct investment net outflows amount to 119,093,406.83 USD, well below the average of 5,707,991,116.07 USD. The country ranks 67 out of 156 nations in this category.

When considering Foreign direct investment net outflows as a percentage of GDP, Madagascar records 0.91%, which is less than the average of 1.00%. Madagascar is ranked 33 out of 155 countries in this aspect.

In terms of Portfolio Investment, Madagascar's net value is -2,335,617.79 USD, notably lower than the average of 679,559,169.57 USD. This places Madagascar at rank 82 out of 159 countries in the dataset.

Summary

Madagascar's Foreign direct investment metrics, including net inflows, outflows, and their percentages of GDP, indicate that the country is below average compared to the dataset. Additionally, the country's Portfolio Investment net value is significantly lower than the average, placing Madagascar in a lower ranking position.

These findings are important as they highlight Madagascar's relative position in attracting foreign investment compared to other countries. Low FDI and Portfolio Investment levels could impact economic growth, infrastructure development, and job creation, signaling a potential need for policy adjustments to encourage more robust investment inflows.

Debt

Total debt service (% of GNI): In Madagascar, the total debt service as a percentage of GNI is 1.05%, which is below the average of 5.98%. Madagascar ranks 105th out of 120 countries in this attribute.

Public and publicly guaranteed debt service (% of GNI): Madagascar's public and publicly guaranteed debt service is 0.82% of GNI, lower than the average of 2.84%. The country ranks 97th out of 120 countries.

External debt stocks (% of GNI): At 38.22% of GNI, Madagascar's external debt stocks as a percentage are significantly below the average of 65.42%. The country holds the 82nd rank out of 120 countries.

Debt service on external debt, total (TDS, current US$): Madagascar's debt service on external debt is $132.52 million, much lower than the average of $9.81 billion. The country ranks 95th out of 123 countries.

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$): The debt service on public and publicly guaranteed external debt in Madagascar is $103.97 million, below the average of $3.31 billion. Madagascar ranks 88th out of 123 countries.

External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$): Madagascar's external debt stocks for public and publicly guaranteed debt stand at $3.51 billion, below the average of $28.70 billion. Madagascar ranks 83rd out of 123 countries.

External debt stocks, private nonguaranteed (PNG) (DOD, current US$): For private nonguaranteed external debt, Madagascar's value of $104 million is significantly lower than the average of $33.73 billion. The country ranks 81st out of 91 countries.

External debt stocks, total (DOD, current US$): Madagascar's total external debt stocks amount to $4.84 billion, far below the average of $73.85 billion. The country holds the 86th rank out of 123 countries.

Summary

Madagascar demonstrates prudent debt management practices based on key macroeconomic indicators. The country maintains low total debt service, public debt service, and external debt stocks compared to global averages. This indicates Madagascar's ability to manage its debt burden effectively, potentially ensuring financial stability and sustainability for future development initiatives.

Broad Trade Attributes

Trade (% of GDP): Madagascar's trade value is 49.01% of its GDP, which is below the average of 82.34%. Madagascar ranks 120 out of 163 countries in this attribute.

Merchandise trade (% of GDP): Madagascar's merchandise trade is 40.20% of its GDP, also below the average of 60.01%. The country ranks 130 out of 186 countries in this category.

Trade in services (% of GDP): Madagascar's trade in services constitutes 11.57% of its GDP, falling below the average of 24.63%. The country holds the 110th rank out of 171 countries.

External balance on goods and services (current US$): Madagascar has an external balance of -1,138,941,534.26 USD, significantly lower than the average of 3,405,509,011.13 USD. Madagascar is ranked 107 out of 163 countries.

External balance on goods and services (% of GDP): Madagascar's external balance as a percentage of GDP is -8.73%, below the average of -5.97%. The country holds the 112th rank out of 163 countries.

Summary

Madagascar's trade, merchandise trade, and trade in services all fall below global averages, indicating a potential opportunity for the country to increase international economic activity. The negative external balance on goods and services, both in absolute terms and as a percentage of GDP, suggests that Madagascar is importing more than it is exporting, which could impact its foreign exchange reserves and overall economic stability.

Net Trade

- The current account balance of Madagascar is -623,653,058.85 USD, significantly below the average of 1,443,864,831.49 USD. Madagascar ranks 105 out of 170 countries in this attribute.
- Madagascar's current account balance as a percentage of GDP is -4.78%, lower than the average of -2.36%. The country ranks 119 out of 170 nations in this metric.
- Madagascar's net trade in goods and services stands at -1,128,980,140.44 USD, well below the average of 2,604,730,003.57 USD. The country ranks 109 out of 171 countries in this aspect.
- The net primary income of Madagascar is -384,953,460.15 USD, higher than the average of -903,807,529.74 USD. This places Madagascar at 80 out of 170 countries.
- Madagascar's net secondary income is 890,280,541.74 USD, significantly above the average of -269,227,340.40 USD, ranking Madagascar at 61 out of 170 countries.
- The net trade in goods for Madagascar is -900,227,954.03 USD, below the average of 1,302,831,005.68 USD. Madagascar ranks 101 out of 171 countries in this regard.
- Madagascar's net capital account is 214,657,731.16 USD, exceeding the average of 136,543,824.05 USD. Madagascar ranks 44 out of 159 countries in this attribute.
- Madagascar's net financial account stands at -397,630,939.97 USD, slightly below the average of -469,840,994.63 USD. In this metric, Madagascar ranks 102 out of 170 countries.

Summary

Madagascar's key macroeconomic indicators show a negative current account balance, both in absolute value and as a percentage of GDP, indicating a potential trade deficit and reliance on foreign financing. Despite this, Madagascar performs relatively well in terms of net secondary income and net capital account, suggesting some stability in its financial inflows and investments. These statistics are crucial as they highlight Madagascar's economic vulnerabilities, particularly its trade imbalances, and underscore the importance of managing foreign exchange reserves and promoting economic diversification to improve sustainability.

Broad Export Attributes

Madagascar's Exports of goods, services and primary income stand at $2,633,805,186.11, significantly below the attribute average of $146,238,908,936.30, ranking at 129 out of 170 countries.

The country's Exports of goods and services amount to $2,589,228,841.58, also below the average of $122,938,540,059.78, positioning Madagascar at 127 out of 170 countries.

Madagascar's Exports of goods and services (current US$) are $2,628,831,060.66, below the average of $129,596,864,610.19, ranking at 122 out of 163 countries.

With Exports of goods and services (% of GDP) at 20.14%, Madagascar falls below the average of 38.19%, placing the country at 120 out of 163 countries.

The country's Goods exports stand at $1,948,329,537.65, below the average of $93,310,581,697.39, and Madagascar ranks 126 out of 171 countries for this attribute.

Madagascar's International tourism receipts, as a percentage of total exports, are at 7.80%, slightly lower than the average of 9.74%, placing the country at 40 out of 120 countries in this category.

For ICT goods exports as a percentage of total goods exports, Madagascar's value is 0.07%, well below the average of 3.81%, positioning the country at 116 out of 142 countries.

Summary

Madagascar's economic performance in terms of exports of goods, services, and primary income is significantly below the global average across multiple indicators. The country ranks relatively low among its peers in terms of the value of exports in absolute terms, as a percentage of GDP, and in comparison to global averages. These statistics highlight Madagascar's challenges in diversifying its economy, expanding its export base, and capturing a larger share of global trade, which are crucial for sustainable economic growth and development.

Merchandise Exports

Madagascar's merchandise exports amount to $2.02 billion, ranking 134th out of 187 countries. This value is significantly below the average merchandise exports of $89.54 billion.

Agricultural raw materials exports account for 2.81% of Madagascar's merchandise exports, ranking 43rd out of 151 countries. This value is slightly below the average of 2.97%.

Food exports make up 44.01% of Madagascar's merchandise exports, ranking 29th out of 152 countries. This value is significantly higher than the average of 24.06%.

Madagascar's fuel exports represent 1.70% of its merchandise exports, ranking 94th out of 147 countries. This value is well below the average of 13.70%.

Ores and metals exports constitute 17.51% of Madagascar's merchandise exports, ranking 23rd out of 152 countries. This value is notably higher than the average of 9.10%.

The residual merchandise exports, which are not specified, account for 0.02% of Madagascar's total merchandise exports, ranking 126th out of 166 countries. This value is significantly below the average of 3.20%.

Summary

Madagascar's key macroeconomic indicators show a distinctive trade profile with a heavy reliance on food exports, which account for 44.01% of its merchandise exports, well above the global average. Conversely, fuel exports, at 1.70%, are significantly below the average. This indicates Madagascar's vulnerability to fluctuations in food prices and the need to diversify its export base to enhance economic resilience and sustainability.

Technology Exports

Manufactures exports (% of merchandise exports): Madagascar's value of 30.40% is below the average of 42.62%. It ranks 87th out of 152 countries in this attribute data.

High-technology exports (current US$): Madagascar's value of $3,274,142 is significantly below the average of $16,655,934,078.80. It ranks 126th out of 151 countries in this attribute data.

High-technology exports (% of manufactured exports): Madagascar's value of 0.54% is well below the average of 10.15%. It ranks 141st out of 150 countries in this attribute data.

Medium and high-tech exports (% manufactured exports): Madagascar's value of 3.27% is significantly below the average of 34.29%. It ranks 140th out of 149 countries in this attribute data.

Summary

Madagascar's performance in key macroeconomic indicators related to exports, specifically in high-technology and manufactured exports, is notably below the global average and ranks relatively low compared to other countries. This suggests a limited participation in higher value-added industries and potential challenges in diversifying its export base. Addressing these indicators is crucial for Madagascar to enhance its economic competitiveness, promote technological advancement, and foster sustainable economic growth in the long run.

Service Exports

Madagascar's service exports amount to $640,899,303.93, ranking 119th out of 171 countries. This value is significantly below the attribute average of $28,917,292,503.82.

ICT service exports in Madagascar total $159,048,644.01, placing the country at the 82nd position out of 166 nations. The figure is notably lower than the attribute average of $4,578,501,153.77.

Madagascar's ICT service exports account for 24.82% of its total service exports, ranking 19th out of 166 countries. This percentage is substantially higher than the attribute average of 11.75%.

Within Madagascar's service exports, 49.74% is attributed to communications, computer, etc. This places Madagascar at the 81st position out of 169 countries, with the percentage above the attribute average of 45.85%.

The country's transport services represent 26.96% of its service exports, ranking 56th out of 169 nations. This percentage exceeds the attribute average of 21.80%.

Travel services contribute 22.57% to Madagascar's service exports, positioning the country at the 75th place out of 167 countries. This percentage falls below the attribute average of 26.40%.

Madagascar's insurance and financial services account for only 0.74% of its service exports, placing the country at the 142nd position out of 161 nations. This percentage is significantly lower than the attribute average of 6.46%.

Summary

Madagascar's service exports, including ICT, communications, transport, travel, insurance, and financial services, demonstrate a notable deviation from global averages. While the country performs below average in total service exports and specific sectors like insurance and financial services, Madagascar excels in ICT service exports, showcasing a high percentage contribution compared to its peers. These statistics are crucial as they highlight Madagascar's strengths in certain service sectors and areas that may require further development to enhance its economic competitiveness on a global scale.

Commercial Service Exports

Madagascar's commercial service exports amount to $610,673,565.80, ranking 118 out of 171 countries. This value is significantly below the average of $28,508,218,402.80, indicating room for growth in this sector.

Travel services contribute 23.68% to Madagascar's commercial service exports, lower than the average of 27.89%. Madagascar ranks 76 out of 167 countries in this aspect.

The country's computer, communications, and other services make up 47.25% of its commercial service exports, which is above the average of 42.44%. This places Madagascar at rank 78 out of 169 countries.

Insurance and financial services account for only 0.78% of Madagascar's commercial service exports, significantly lower than the average of 6.97%. Madagascar is ranked 142 out of 161 countries in this category.

Transport services constitute 28.29% of Madagascar's commercial service exports, surpassing the average of 23.37%. Madagascar holds the rank of 56 out of 169 countries in this sector.

Summary

Madagascar's commercial service exports are below the global average, indicating potential for growth in this sector. While travel services and insurance/financial services fall short of the average, the country excels in computer, communications, and other services, as well as transport services. Enhancing competitiveness in underperforming sectors while capitalizing on existing strengths could help Madagascar boost its overall commercial service exports and increase its global ranking.

Broad Import Attributes

Imports of goods and services (current US$): Madagascar's value is significantly below the attribute average, ranking 122 out of 163 countries in the dataset.

Imports of goods and services (% of GDP): Madagascar's value is below the attribute average, ranking 115 out of 163 countries in the dataset.

International tourism, expenditures (% of total imports): Madagascar's value is below the attribute average, ranking 79 out of 131 countries in the dataset.

ICT goods imports (% total goods imports): Madagascar's value is below the attribute average, ranking 130 out of 143 countries in the dataset.

Goods imports (BoP, current US$): Madagascar's value is significantly below the attribute average, ranking 131 out of 171 countries in the dataset.

Imports of goods and services (BoP, current US$): Madagascar's value is significantly below the attribute average, ranking 130 out of 170 countries in the dataset.

Imports of goods, services and primary income (BoP, current US$): Madagascar's value is significantly below the attribute average, ranking 129 out of 170 countries in the dataset.

Summary

Madagascar exhibits consistently low values across various import-related indicators, ranking below the attribute average in most cases. This portrays a weak dependence on international trade, potentially indicating limited access to foreign goods and services, reduced foreign exchange earnings, and constrained economic diversification. The low rankings underscore the need for Madagascar to focus on improving its import capabilities to stimulate economic growth, enhance resilience, and foster international competitiveness.

Merchandise Imports

Madagascar's merchandise imports amount to $3.22 billion, which is significantly below the average of $89.39 billion, ranking 136th out of 190 countries.

The country's manufactures imports account for 63.02% of its merchandise imports, slightly below the average of 66.76%, placing Madagascar at the 104th position out of 152 countries in the dataset.

Madagascar's agricultural raw materials imports contribute to 3.01% of its merchandise imports, surpassing the average of 1.27%, positioning the country at the 6th rank out of 152 nations.

Food imports represent 20.31% of Madagascar's merchandise imports, higher than the average of 15.89%. This places Madagascar 37th out of 152 countries.

The country's fuel imports make up 12.48% of its merchandise imports, slightly above the average of 11.38%, ranking Madagascar 60th out of 152 countries.

Madagascar's ores and metals imports constitute 0.80% of its merchandise imports, significantly below the average of 2.57%, placing the country at the 125th rank out of 152 nations.

Merchandise imports by the reporting economy, residual, represent 2.80% of Madagascar's total merchandise imports, slightly above the average of 2.51%. The country ranks 34th out of 180 countries in this aspect.

Summary

Madagascar's import profile shows a unique blend compared to global averages. With a heavier reliance on agricultural raw materials and food imports, the country ranks higher than average in these categories. However, Madagascar falls below average in ores and metals imports, indicating potential constraints in industrial and mining sectors. These indicators are crucial as they reflect Madagascar's economic structure, trade dependencies, and areas for potential growth and development.

Service Imports

Madagascar's service imports amount to $869,651,490.33, ranking 126th out of 171 countries. This value is significantly lower than the attribute average of $27,615,356,170.47.

Communications, computer, etc. account for 51.47% of Madagascar's service imports, which is above the average of 44.40%. Madagascar is ranked 69th out of 169 countries in this category.

Transport services make up 38.80% of Madagascar's service imports, higher than the average of 32.90%. Madagascar ranks 55th out of 169 countries for this attribute.

Madagascar's travel services constitute 7.55% of its service imports, below the average of 14.14%. The country ranks 115th out of 169 nations in this aspect.

Insurance and financial services make up 2.18% of Madagascar's service imports, well below the average of 8.53%. Madagascar ranks 154th out of 169 countries for this attribute.

Summary

Madagascar's service imports are significantly lower than the global average, with a focus on communications and transport services, which are both above the average. However, the country lags behind in travel services and insurance/financial services imports compared to global averages. These indicators are crucial as they highlight Madagascar's trade preferences and priorities, indicating potential areas for growth and improvement in the country's economy.

Commercial Service Imports

Madagascar's commercial service imports amount to $680,572,799.49, ranking 132 out of 171 countries. This value is significantly below the average of $27,102,746,128.60 for this attribute.

Computer, communications, and other services account for 37.99% of Madagascar's commercial service imports, which is slightly below the average of 41.71%. Madagascar ranks 96 out of 169 countries in this aspect.

Madagascar's insurance and financial services represent 2.78% of its commercial service imports, much lower than the average of 8.85%. The country ranks 148 out of 169 countries in this category.

Transport services constitute a significant portion (49.58%) of Madagascar's commercial service imports, surpassing the average of 34.71%. Madagascar ranks 31 out of 169 countries for this attribute.

Travel services contribute 9.65% to Madagascar's commercial service imports, below the average of 14.73%. The country ranks 99 out of 169 countries in this aspect.

Summary

Madagascar's commercial service imports are significantly below the global average, with a notable emphasis on transport services, accounting for a higher proportion compared to other countries. However, the country lags behind in the contributions of computer, communications, and other services, as well as insurance and financial services. These statistics are crucial as they highlight Madagascar's reliance on transport services and the potential areas for improvement in diversifying its commercial service imports.

Infrastructure

For Air transport, freight (million ton-km), Madagascar's value of 5.38 million ton-km is significantly below the attribute average of 1384.37 million ton-km. The country is ranked 82 out of 126 countries in this data set.

In terms of Air transport, registered carrier departures worldwide, Madagascar's value of 4225.33 departures is well below the attribute average of 134365.61 departures. The country is ranked 106 out of 149 countries in this data set.

Regarding Air transport, passengers carried, Madagascar's value of 186314.33 passengers is also notably below the attribute average of 11848242.70 passengers. Madagascar ranks 113 out of 149 countries for this statistic.

As for Rail lines (total route-km), Madagascar's total route of 673 km is substantially lower than the attribute average of 12204.74 km. The country holds the 59th rank out of 66 countries in this dataset.

Summary

Madagascar's low performance in key macroeconomic indicators such as air transport and rail lines highlights significant infrastructural challenges within the country. With below-average values in air transport freight, registered carrier departures, passengers carried, and rail line coverage, Madagascar faces limitations in trade facilitation, connectivity, and transportation efficiency. Addressing these deficiencies is crucial for improving economic growth, competitiveness, and overall development prospects for Madagascar.

Information Technology Infrastructure

For Secure Internet servers, Madagascar has 286 servers, which is significantly below the average of 458,294. Madagascar ranks 143 out of 193 countries in this attribute data.

For Secure Internet servers (per 1 million people), Madagascar has 10.13 servers per 1 million people, well below the average of 14,067. Madagascar is ranked 173 out of 193 countries in this category.

Regarding Individuals using the Internet (% of population), Madagascar has 13.72% of its population online, much lower than the average of 64.77%. Madagascar ranks 175 out of 180 countries in this aspect.

In terms of Fixed broadband subscriptions, Madagascar has 32,000 subscriptions, far below the average of 6,591,956. However, Madagascar still ranks 141 out of 185 countries in this metric.

For Mobile cellular subscriptions, Madagascar has 15,869,000 subscriptions, which is below the average of 42,526,463. Madagascar ranks 64 out of 193 countries for mobile cellular subscriptions.

Summary

Madagascar lags behind the global average in terms of secure internet servers, internet users, and fixed broadband subscriptions. The country also falls short in mobile cellular subscriptions when compared to the average. These indicators suggest a significant digital divide and limited access to online resources and communication technologies in Madagascar. Addressing these disparities is crucial for the country's socio-economic development, as access to the internet and digital technologies plays a vital role in education, innovation, and economic growth in the modern world.

Energy Consumption

Madagascar's renewable energy consumption stands at 84.75%, significantly higher than the global average of 32.18%. This places Madagascar at the 10th rank out of 191 countries in this category. In terms of CO2 emissions, Madagascar emits 2745.45 kt, which is notably lower than the average of 171895.94 kt. This places Madagascar at the 140th rank out of 188 countries in CO2 emissions.

Summary

Madagascar's renewable energy consumption of 84.75% is remarkably higher than the global average of 32.18%, positioning the country at the 10th rank globally. Additionally, Madagascar emits 2745.45 kt of CO2, significantly lower than the global average of 171895.94 kt, placing it at the 140th rank in CO2 emissions.

These indicators are crucial as they highlight Madagascar's strong commitment to sustainable energy practices with a high reliance on renewable sources, contributing positively to global efforts in combating climate change. The low CO2 emissions further demonstrate Madagascar's environmental consciousness and potential for setting an example for other countries in reducing carbon footprints.

Government Balance Sheet

Madagascar's net acquisition of financial assets (% of GDP) is 1.85, which is below the average of 2.45. The country ranks 40th out of 87 countries.

The net incurrence of liabilities, total (% of GDP) in Madagascar is 7.10, slightly below the average of 7.43. The country is ranked 44th out of 92 countries.

Madagascar's total reserves (% of total external debt) stand at 40.91, significantly below the average of 66.13. The country ranks 47th out of 102 countries in this attribute.

With reserves and related items (BoP, current US$) at -153,557,556.80, Madagascar is below the average of 1,924,407,186.58. The country ranks 118th out of 171 countries.

Madagascar's total reserves minus gold (current US$) are substantially below the average at 1,980,766,598.35, ranking the country 111th out of 161 countries.

Similarly, Madagascar's total reserves (includes gold, current US$) are well below the average at 1,980,766,598.35, ranking the country 113th out of 161 countries.

The total reserves in months of imports for Madagascar is 5.73, lower than the average of 7.10. The country ranks 72nd out of 151 countries in this aspect.

Summary

Madagascar's macroeconomic indicators reveal a mixed performance compared to global averages and rankings. The country tends to have lower net acquisition of financial assets and total reserves, both in percentage of GDP and in absolute terms, placing it below the average and middling in global rankings. These indicators are crucial as they reflect Madagascar's ability to manage its external financial obligations and maintain sufficient reserves to support its economy and trade activities.

Government Revenue

Madagascar's revenue, excluding grants, accounts for 10.61% of its GDP, which is significantly below the average of 27.02%. This places Madagascar at a rank of 115 out of 122 countries in the dataset.

Grants and other revenue make up 22.42% of Madagascar's total revenue, slightly below the average of 23.54%. Madagascar ranks 36 out of 108 countries in this category.

Madagascar's social contributions as a percentage of revenue are 5.02%, much lower than the average of 22.29%. This places Madagascar at a rank of 66 out of 81 countries.

The country relies heavily on taxes on goods and services, accounting for 41.08% of its revenue, which is above the average of 31.82%. Madagascar ranks 28 out of 122 countries in this aspect.

Madagascar's taxes on international trade represent 11.27% of its revenue, higher than the average of 6.24%. This places Madagascar at a rank of 16 out of 101 countries.

Other taxes contribute minimally to Madagascar's revenue, at 0.08%, significantly below the average of 2.12%. Madagascar ranks 88 out of 106 countries in this category.

Madagascar's taxes on income, profits, and capital gains constitute 20.13% of its revenue, slightly below the average of 24.66%. Madagascar ranks 71 out of 119 countries in this attribute.

Summary

Madagascar's revenue composition deviates from the global averages in several key areas. The country's heavy reliance on taxes on goods and services and taxes on international trade, along with low social contributions, reflects a unique fiscal structure. This indicates potential challenges in diversifying revenue sources and addressing income inequality, which are crucial for sustainable economic growth and development.

Taxes

Madagascar's Tax revenue (% of GDP) is 9.52%, below the average of 16.72%. The country ranks 106th out of 123 countries in this attribute.

For Customs and other import duties (% of tax revenue), Madagascar's value is 15.54%, above the average of 9.01%. This places Madagascar at the 19th rank out of 99 countries.

Madagascar's Taxes on income, profits and capital gains (% of total taxes) stand at 27.74%, below the average of 38.40%. The country ranks 93rd out of 120 countries for this attribute.

Regarding Tariff rate, applied, weighted mean, all products (%), Madagascar has a value of 7.2%, above the average of 5.21%. Madagascar ranks 46th out of 153 countries in this category.

Summary

Madagascar's tax revenue as a percentage of GDP, customs and import duties as a percentage of tax revenue, taxes on income, profits, and capital gains as a percentage of total taxes, and the applied tariff rate are all key macroeconomic indicators where Madagascar's values vary from the global averages and rankings. These statistics reveal that Madagascar relies more heavily on customs and import duties compared to other countries, while also collecting lower taxes on income and profits. The higher than average applied tariff rate suggests Madagascar may have a slightly more protectionist trade policy compared to the global average.

Government Expenses

Expense (% of GDP): In Madagascar, the expense as a percentage of GDP is 11.80%, which is significantly lower than the average of 31.69%. Madagascar ranks 119 out of 123 countries in this attribute.

Compensation of employees (% of expense): Madagascar allocates 48.19% of its expenses to employee compensation, well above the average of 24.70%. This places Madagascar at the 7th position out of 123 countries.

Goods and services expense (% of expense): Madagascar spends 5.91% of its expenses on goods and services, below the average of 14.77%. The country ranks 104 out of 122 in this category.

Interest payments (% of expense): Madagascar devotes 6.20% of its expenses to interest payments, slightly below the average of 6.85%. The country holds the 53rd rank out of 121 countries in this aspect.

Other expense (% of expense): In Madagascar, only 0.35% of expenses are allocated to other expenses, well below the average of 8.29%. Madagascar ranks 117 out of 120 countries in this attribute.

Subsidies and other transfers (% of expense): Madagascar spends 39.35% on subsidies and transfers, slightly below the average of 43.29%. The country holds the 68th position out of 121 countries in this category.

Summary

Madagascar demonstrates a frugal approach to government expenditure, with a significantly lower expense as a percentage of GDP compared to the global average. Despite this, the country prioritizes compensating its employees, allocating a high percentage of expenses to this category. The distribution of expenses on goods and services is below average, indicating potential areas for development. These indicators are crucial as they reflect Madagascar's financial management priorities and highlight areas where the country may need to reallocate resources for sustainable economic growth.

Top Stats

Ranks in Top Decile For:

Attribute	Rank/Total
Forest rents (% of GDP)	12/174
Agricultural raw materials imports (% of merchandise imports)	6/152
Renewable energy consumption (% of total final energy consumption)	10/191
Compensation of employees (% of expense)	7/123

Ranks in Bottom Decile For:

Attribute	Rank/Total
Arms imports (SIPRI trend indicator values)	111/113
Armed forces personnel (% of total labor force)	155/164
GDP per capita (current US$)	187/190
GDP per capita, PPP (current international $)	175/181
GNI per capita, PPP (current international $)	175/181
Medium and high-tech manufacturing value added (% manufacturing value added)	138/149
High-technology exports (% of manufactured exports)	141/150
Medium and high-tech exports (% manufactured exports)	140/149
ICT goods imports (% total goods imports)	130/143
Insurance and financial services (% of service imports, BoP)	154/169
Individuals using the Internet (% of population)	175/180
Revenue, excluding grants (% of GDP)	115/122
Expense (% of GDP)	119/123
Other expense (% of expense)	117/120