Flag of Madagascar

Country profile

Madagascar

Africa · Capital: Antananarivo · Currency: Malagasy ariary (MGA)

Madagascar is a country in Africa, with its capital at Antananarivo. It has a GDP of $17.59B (2024), a population of 32.7M (2025), a GDP per capita of $550.

GDP
$17.59B

2024 · #135 of 200

GDP per capita
$550

2024 · #196 of 200

Population
32.7M

2025 · #49 of 216

GDP per capita (PPP)
$1,952

2025 · #179 of 185

Economy

GDP
$17.59B2024 · #135
GDP per capita
$5502024 · #196
GDP growth
4.32%2024 · #60
Inflation
7.61%2024 · #145
Unemployment
3.04%2025 · #42
Population
32.7M2025 · #49
GDP (PPP)
$63.93B2025 · #119
GDP per capita (PPP)
$1,9522025 · #179
Gini index
36.82021 · #96
Government debt
49.3%2026 · #83

People

Median age
21.3 yrs2024 · #191
Fertility rate
3.9 children/woman2024 · #26
Urbanization
32.9%2025 · #188
Net migration
−2,227/yr2025 · #119
Life expectancy
63.8 yrs2024 · #195
HDI
0.4872023 · #183

Money

Corporate tax
20%2024 · #125

Figures

Internet users
18.7%2024 · #175
CO₂ per capita
0.1 t2024 · #188
Area
587,041 km²#47
Population density
56 /km²2025 · #148
McDonald's
02024
Unicorn startups
02026-03
Billionaires
02026
Passport power
57 destinations2026 · #146
Corruption index
26/1002024 · #141
Military spending
0.7%2024 · #128
Renewable energy
83.6%2021 · #9

Globenomics Company Index

The largest companies headquartered in Madagascar.

  1. 1Madagascar AutomobileAutomotive industry300 employees
  2. 2NovitySoftware120 employees