Madagascar | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 3315.00 3307 3339 3372 3405 3929 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 3.00 3.96 4.13 4.44 4.57 5.59 percent [+]
GDP 9.98 10.19 10.17 10.16 10.14 10.01 USD Billion [+]
GDP per capita 409.06 407 407 406 406 400 USD [+]
GDP per capita PPP 1373.34 1362 1360 1358 1356 1329 USD [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 1.20 1.72 1.72 1.72 1.72 2 percent [+]
Population 24.24 24.92 25.09 25.26 25.44 27.72 Million [+]
Living Wage Family 559600.00 574450 574450 574450 574450 574450 MGA/Month [+]
Living Wage Individual 261900.00 261900 261900 261900 261900 261900 MGA/Month [+]
Wages High Skilled 836900.00 649649 640388 636399 634680 633380 MGA/Month [+]
Wages Low Skilled 303900.00 303900 303900 303900 303900 303900 MGA/Month [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 6.70 6.5 7.1 7.41 7.2 4.8 percent [+]
Food Inflation 5.90 5.9 5.87 5.86 5.86 5.86 percent [+]
Consumer Price Index Cpi 398.30 403 408 413 418 480 Index Points [+]
Cpi Transportation 336.50 335 336 335 335 335 Index Points [+]
Inflation Rate Mom 0.40 0.76 0.73 0.71 0.72 0.72 percent [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 8.30 8.3 8.3 8.3 8 6.5 percent [+]
Money Supply M3 8242.00 8264 8250 8235 8221 8037 MGA Billion [+]
Deposit Interest Rate 15.00 14.82 14.53 14.23 13.94 13.82 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -234693.00 -215264 -214598 -214798 -214869 -214893 million MGA [+]
Exports 479849.00 481615 487678 487696 487525 487451 million MGA [+]
Imports 714542.00 733075 740299 741853 742614 743131 million MGA [+]
Current Account 59.00 -37.83 -34.98 -32.32 -29.84 -9.29 DTS Million [+]
Current Account to GDP -2.30 -3.3 -3 -2.69 -2.38 -2.24 percent [+]
Foreign Direct Investment 1251.50 1644 1698 1753 1807 2114 MGA Billion [+]
Terrorism Index 1.67 1.55 1.59 1.62 1.66 1.65 [+]
Tourist Arrivals 20277.00 20750 20161 19893 19806 19799 [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 34.90 35.12 35.22 35.33 35.43 36.44 percent [+]
Government Budget -3.40 -2.62 -2.69 -2.75 -2.82 -2.71 percent of GDP [+]
Military Expenditure 69.40 69.64 67.87 66.1 67.07 67.07 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Car Registrations 1803.00 1640 1616 1615 1616 1616 Cars [+]
Competitiveness Index 3.33 3.35 3.35 3.35 3.35 3.37 Points [+]
Competitiveness Rank 128.00 129 127 127 129 121 [+]
Corruption Index 28.00 27.16 27.26 27.37 27.47 27.42 Points [+]
Corruption Rank 123.00 122 122 121 121 115 [+]
Ease of Doing Business 167.00 165 164 164 163 159 [+]
Industrial Production 4.07 11.78 9.62 5.49 2.49 -3.26 Percentage [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Corporate Tax Rate 20.00 20 20 20 20 20 percent [+]
Personal Income Tax Rate 20.00 20 20 20 20 20 percent [+]
Sales Tax Rate 20.00 20 20 20 20 20 percent [+]
Social Security Rate 19.00 19 19 19 19 19 percent [+]
Social Security Rate For Companies 18.00 18 18 18 18 18 percent [+]
Social Security Rate For Employees 1.00 1 1 1 1 1 percent [+]





Economic Forecasts for Madagascar including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Madagascar economy. 12/3/2016