mg Madagascar 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$11.85 billion

↑ 4.64% vs 2015
GDP per Capita

$453.97

↑ 1.94% vs 2015
GDP Growth (Annual %)

3.99%

↑ 0.86pp vs 2015
Inflation Rate (CPI %)

6.04%

↓ 1.37pp vs 2015

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $11.32 billion $11.85 billion +4.64%
GDP per Capita $445.32 $453.97 +1.94%
GDP Growth (Annual %) 3.13% 3.99% +0.86pp
Inflation (CPI %) 7.40% 6.04% -1.37pp
Unemployment Rate (%) 1.79% 1.95% +0.16pp

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$11.85 billion
GDP per Capita
$453.97
GDP Growth (Annual %)
3.99%
Gross National Income
$11.38 billion
Prices & Employment
Inflation (CPI %)
6.04%
Inflation (GDP Deflator %)
8.96%
Unemployment Rate (%)
1.95%
Interest Rate (Real %)
46.84%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
0.38%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2016, Madagascar's Gross Domestic Product (GDP) is $11.85 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Madagascar for 2016 is $453.97. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Madagascar for 2016 is 6.04%. This measures the annual percentage change in the cost of consumer goods and services.

Madagascar's annual GDP growth rate for 2016 is 3.99%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Madagascar for 2016 is 1.95%. This represents the percentage of the labor force that is unemployed and actively seeking employment.