Madagascar | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 3122.00 3410 3440 3480 3510 4010 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 3.00 4.13 4.44 4.57 4.67 5.59 percent [+]
GDP 9.74 10.7 10.53 10.36 10.19 10.01 USD Billion [+]
GDP per capita 409.92 406 407 407 407 400 USD [+]
GDP per capita PPP 1376.26 1360 1361 1362 1362 1329 USD [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 1.20 1.72 1.72 1.72 1.72 2 percent [+]
Population 24.24 24.4 24.57 24.75 24.92 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 640388 636399 634680 633940 633380 MGA/Month [+]
Wages Low Skilled 303900.00 303900 303900 303900 303900 303900 MGA/Month [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 7.00 7.1 7.41 7.2 6.59 4.8 percent [+]
Food Inflation 5.60 4.57 4.39 4.29 4.25 4.23 percent [+]
Consumer Price Index Cpi 408.00 413 418 424 429 489 Index Points [+]
Cpi Transportation 359.80 369 360 365 363 363 Index Points [+]
Inflation Rate Mom 1.50 0.82 0.62 0.74 0.72 0.72 percent [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 8.30 8.3 8.3 8 8 6.5 percent [+]
Money Supply M3 8518.50 8927 9168 9407 9644 12326 MGA Billion [+]
Deposit Interest Rate 15.00 13.33 13.83 14.32 14.82 13.82 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade 20810.00 -121980 -144919 -150723 -152485 -152964 million MGA [+]
Exports 789020.00 526032 582403 570053 572780 572287 million MGA [+]
Imports 768210.00 670822 711890 713068 712793 713034 million MGA [+]
Current Account 59.00 -37.83 -34.98 -32.32 -29.84 -9.29 DTS Million [+]
Current Account to GDP -2.30 -1.85 -2.33 -2.82 -3.3 -2.24 percent [+]
Foreign Direct Investment 1251.50 1940 1842 1743 1644 2114 MGA Billion [+]
Terrorism Index 1.67 1.96 1.83 1.69 1.55 1.65 [+]
Tourist Arrivals 38261.00 33515 27425 23788 22111 21252 [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 34.90 34.42 34.66 34.89 35.12 36.44 percent [+]
Government Budget -3.40 -3 -2.87 -2.75 -2.62 -2.71 percent of GDP [+]
Military Expenditure 69.40 69.64 67.87 66.1 67.07 67.07 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Car Registrations 919.00 1355 1403 1424 1435 1451 Cars [+]
Competitiveness Index 3.33 3.35 3.35 3.35 3.35 3.37 Points [+]
Competitiveness Rank 128.00 127 127 129 129 121 [+]
Corruption Index 28.00 28.56 28.09 27.62 27.16 27.42 Points [+]
Corruption Rank 145.00 124 124 123 122 115 [+]
Ease of Doing Business 167.00 164 164 164 163 159 [+]
Industrial Production 4.07 9.62 5.49 2.49 -2.4 -3.26 Percentage [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 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. 2/19/2017