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Madagascar

Region: East Africa
Currency: Malagasy Ariary (MGA)
Population: 24.9 million
Capital: Antananarivo
Ministry website: www.mefb.gov.mg
Fiscal year: January-December
Regional Economic Community: COMESA, SADC
Key Budget Indicators Over Time
2014 2015 2016 2017 2018
GDP (constant 2000 MGA[billions]) 18,218.33 18,788.98 19,539.25 20,307.79 21,234.8
GDP (current MGA[billions]) 30,240.59 33,216.18 37,637.59 41,058.84 46,188.51
GDP growth (%) 3.34 3.13 3.99 3.93 4.57
GDP per capita (constant 2000 MGA) 772,296.89 775,312.11 785,332.64 795,177.16 810,227.48
GDP per capita (current MGA) 1,281,934.86 1,370,638.92 1,512,751.13 1,607,710.46 1,762,352.24
Inflation (CPI) (%) 6.08 7.4 6.06 8.59 8.6
General government revenue (% of GDP) 10.59 10.18 12.44 12.84 12.93
General government expenditure (% of GDP) 12.56 13.03 13.55 14.94 14.26
Budget balance (% of GDP) -1.96 -2.85 -1.11 -2.1 -1.33
Primary balance (% of GDP) -1.49 -2.16 -0.37 -1.41 -0.57
General government debt (% of GDP) 37.85 44.06 40.28 40.03 39.89
Population (millions) 23.59 24.23 24.88 25.54 26.21

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