Aperture

Country profile

Madagascar

MDG · Sub-Saharan Africa · Low income

38MERI readiness
72Global rank
17.4BGDP (2024)
32MPopulation (2024)

Key macro indicators

IndicatorYearValueSource
GDP (current USD)
NY.GDP.MKTP.CD · current USD		202417,420,501,490.1WDI
GDP growth (annual %)
NY.GDP.MKTP.KD.ZG · percent		20244.2WDI
Inflation, consumer prices (annual %)
FP.CPI.TOTL.ZG · percent		20247.6WDI
Real GDP growth
NGDP_RPCH · percent		20284.6IMF_WEO
Population, total
SP.POP.TOTL · people		202431,964,956WDI

GDP time series

2013 · 2014 · 2015 · 2016 · 2017 · 2018 · 2019 · 2020 · 2021 · 2022 · 2023 · 2024

MERI breakdown

  • Percentile 33.6
  • Coverage 92%
  • Imputed 1
  • Missing 1
PillarScore
Biz Entry
Components		62.3
Contract Enf
Components		47.7
Corruption
Components		26
FDIRRI
Components		17.5
Fin Access
Components		2.4
Human Cap
Components		40.5
IP Protect
Components		23.4
Labor
Components		74
LPI
Components		44.4
Security Rol
Components		23.4
Trade Open
Components		54.5
Data Confidence Score87
Market Infrastructure
Pillars		33.8
Regulatory Institutional
Pillars		39.8
Talent Operating
Pillars		41

Governance signals

Control of Corruption

CC.EST · 2024 · WGI

-1
Corruption Perceptions Index

TI.CPI.SCORE · 2025 · TI_CPI

25
Government Effectiveness

GE.EST · 2024 · WGI

-0.9
Political Stability

PV.EST · 2024 · WGI

-0.5
Regulatory Quality

RQ.EST · 2024 · WGI

-0.7
Rule of Law

RL.EST · 2024 · WGI

-0.9
Voice and Accountability

VA.EST · 2024 · WGI

-0.7

Source attribution

Sources represented in this country profile.

8 sources

IMF_WEO

International Monetary Fund · 6 indicators

IMF Terms of Use

SourceLicense

IMF_FAS

International Monetary Fund · 2 indicators

IMF Terms of Use

SourceLicense

SOVEREIGN_RATINGS

Manual bridge · 2 indicators

Manual Source Terms

TI_CPI

Transparency International · 2 indicators

Transparency International Terms

SourceLicense

Full indicator table

Latest value per indicator with source and license hints.

98 rows
IndicatorCategoryYearValueSourceLicense
Domestic credit to private sector
FS.AST.PRVT.GD.ZS		finance202416.6WDICC BY 4.0
General government net lending/borrowing
GGXCNL_NGDP		fiscal2028-3.9IMF_WEOIMF Terms of Use
Control of Corruption
CC.EST		governance2024-1WGICC BY 4.0
Corruption Perceptions Index
TI.CPI.SCORE		governance202525TI_CPITransparency International Terms
Government Effectiveness
GE.EST		governance2024-0.9WGICC BY 4.0
Political Stability
PV.EST		governance2024-0.5WGICC BY 4.0
Regulatory Quality
RQ.EST		governance2024-0.7WGICC BY 4.0
Rule of Law
RL.EST		governance2024-0.9WGICC BY 4.0
Voice and Accountability
VA.EST		governance2024-0.7WGICC BY 4.0
Access to electricity (%)
EG.ELC.ACCS.ZS		infra202339.4WDICC BY 4.0
Fixed broadband subscriptions
IT.NET.BBND.P2		infra20230.1WDICC BY 4.0
Liner shipping connectivity index
IS.SHP.GCNW.XQ		infra20217.5WDICC BY 4.0
Logistics Performance Index
LP.LPI.OVRL.XQ		infra20222.3WDICC BY 4.0
Mobile cellular subscriptions
IT.CEL.SETS.P2		infra202375.5WDICC BY 4.0
Aviation connectivity - number of partner countries
LPI2.AVIA_CONN		logistics202463.5LPI2Modified BSD3
Aviation import dwell time, IQR
LPI2.AVIA_IQR_DAYS		logistics20245.4LPI2Modified BSD3
Aviation import dwell time, mean
LPI2.AVIA_MEAN_DAYS		logistics20244.3LPI2Modified BSD3
Aviation import dwell time, median
LPI2.AVIA_MED_DAYS		logistics20243.1LPI2Modified BSD3
B2B postal delivery time, IQR
LPI2.B2B_IQR		logistics20245.8LPI2Modified BSD3
B2B postal delivery time, mean
LPI2.B2B_MEAN		logistics20244.6LPI2Modified BSD3
B2B postal delivery time, median
LPI2.B2B_MEDIAN		logistics20241.5LPI2Modified BSD3
B2C postal delivery time, IQR
LPI2.B2C_IQR		logistics20245LPI2Modified BSD3
B2C postal delivery time, mean
LPI2.B2C_MEAN		logistics20247.4LPI2Modified BSD3
B2C postal delivery time, median
LPI2.B2C_MEDIAN		logistics20243.9LPI2Modified BSD3
Container export dwell time, IQR
LPI2.EXP_DWELL_IQR_DAYS		logistics20245.2LPI2Modified BSD3
Container export dwell time, mean
LPI2.EXP_DWELL_MEAN_DAYS		logistics20246LPI2Modified BSD3
Container export dwell time, median
LPI2.EXP_DWELL_MED_DAYS		logistics20244.6LPI2Modified BSD3
Container import dwell time, IQR
LPI2.IMP_DWELL_IQR_DAYS		logistics20246LPI2Modified BSD3
Container import dwell time, mean
LPI2.IMP_DWELL_MEAN_DAYS		logistics20249.3LPI2Modified BSD3
Container import dwell time, median
LPI2.IMP_DWELL_MED_DAYS		logistics20245.5LPI2Modified BSD3
Export supply chain initiation, mean
LPI2.SC_START_MEAN_DAYS		logistics20244.8LPI2Modified BSD3
Export supply chain initiation, median
LPI2.SC_START_MED_DAYS		logistics20242.3LPI2Modified BSD3
Import supply chain termination, mean
LPI2.SC_END_MEAN_DAYS		logistics20244.8LPI2Modified BSD3
Import supply chain termination, median
LPI2.SC_END_MED_DAYS		logistics20243.7LPI2Modified BSD3
Lead time to import, mean
LPI2.LEAD_TIME_MEAN_DAYS		logistics202449LPI2Modified BSD3
Lead time to import, median
LPI2.LEAD_TIME_MED_DAYS		logistics202447.7LPI2Modified BSD3
Maritime connectivity - number of partner countries
LPI2.MAR_CONN		logistics202412LPI2Modified BSD3
Number of alliances, mean
LPI2.ALLIANCE		logistics20240LPI2Modified BSD3
Number of services, mean
LPI2.MAR_SERV		logistics20248.2LPI2Modified BSD3
Number of transshipments, mean
LPI2.NUM_TRS_MEAN		logistics20241.7LPI2Modified BSD3
Postal connectivity B2B - number of partner countries
LPI2.B2B_CONN		logistics202448.5LPI2Modified BSD3
Postal connectivity B2C - number of partner countries
LPI2.B2C_CONN		logistics202426.5LPI2Modified BSD3
Time spent in transshipment, mean
LPI2.TRS_TIME_MEAN_DAYS		logistics202420.2LPI2Modified BSD3
Turnaround time at ports, IQR
LPI2.TRN_IQR_DAYS		logistics20240.6LPI2Modified BSD3
Turnaround time at ports, mean
LPI2.TRN_MEAN_DAYS		logistics20241.2LPI2Modified BSD3
Turnaround time at ports, median
LPI2.TRN_MED_DAYS		logistics20241LPI2Modified BSD3
Turnaround time at ports, TEU weighted mean
LPI2.TRN_TEUW_MEAN_DAYS		logistics20241.2LPI2Modified BSD3
Turnaround time at ports, TEU weighted median
LPI2.TRN_TEUW_MED_DAYS		logistics20241LPI2Modified BSD3
Current account balance
BCA_NGDPD		macro2028-5.7IMF_WEOIMF Terms of Use
Current account balance (% of GDP)
BN.CAB.XOKA.GD.ZS		macro2024-4.3WDICC BY 4.0
GDP (current USD)
NY.GDP.MKTP.CD		macro202417,420,501,490.1WDICC BY 4.0
GDP growth (annual %)
NY.GDP.MKTP.KD.ZG		macro20244.2WDICC BY 4.0
GDP per capita (current USD)
NY.GDP.PCAP.CD		macro2024545WDICC BY 4.0
Inflation, consumer prices (annual %)
FP.CPI.TOTL.ZG		macro20247.6WDICC BY 4.0
Inflation rate
PCPIPCH		macro20286IMF_WEOIMF Terms of Use
Military expenditure (% of GDP)
MS.MIL.XPND.GD.ZS		macro20240.7WDICC BY 4.0
Official exchange rate
PA.NUS.FCRF		macro20244,525.4WDICC BY 4.0
Real GDP growth
NGDP_RPCH		macro20284.6IMF_WEOIMF Terms of Use
Total reserves (months of imports)
FI.RES.TOTL.MO		macro20245.5WDICC BY 4.0
Unemployment (% of labor force)
SL.UEM.TOTL.ZS		macro20253WDICC BY 4.0
Demographic and Urbanization Momentum
DEMOGRAPHICS		meri_opportunity202441.2WDICC BY 4.0
GDP Growth Trajectory
GDP_GROWTH		meri_opportunity202814.3IMF_WEOIMF Terms of Use
Import Demand
IMPORT_DEMAND		meri_opportunity202446.7WDICC BY 4.0
ATMs per 100,000 adults
FAS.ATMS_PER_100K		meri_readiness20243IMF_FASIMF Terms of Use
Basic Digital Infrastructure
DIGITAL_INFRA		meri_readiness20236.4WDICC BY 4.0
B-READY Business Entry score
B_READY.BUSINESS_ENTRY		meri_readiness202553.5B_READYWorld Bank Terms
B-READY Dispute Resolution score
B_READY.DISPUTE_RESOLUTION		meri_readiness202545.6B_READYWorld Bank Terms
B-READY International Trade score
B_READY.TRADE		meri_readiness202548.3B_READYWorld Bank Terms
B-READY Labor score
B_READY.LABOR		meri_readiness202550.4B_READYWorld Bank Terms
Commercial bank branches per 100,000 adults
FAS.BRANCHES_PER_100K		meri_readiness20242.7IMF_FASIMF Terms of Use
Contract Enforcement Reliability
CONTRACT_ENF		meri_readiness202545.6B_READYWorld Bank Terms
Corruption Risk
CORRUPTION		meri_readiness202525TI_CPITransparency International Terms
Financial System Accessibility
FIN_ACCESS		meri_readiness20242.4WDICC BY 4.0
Foreign Ownership Restrictions
FDIRRI		meri_readiness202482.5OECDOECD Terms and Conditions
General Business Entry Friction
BIZ_ENTRY		meri_readiness202553.5B_READYWorld Bank Terms
HDI Education sub-index
HDI.EDUCATION_INDEX		meri_readiness20230.4UNDP_HDIUNDP Terms
Hiring and Workforce Availability
LABOR		meri_readiness202574WDICC BY 4.0
Human Capital Quality
HUMAN_CAP		meri_readiness202540.5UNDP_HDIUNDP Terms
Intellectual Property Protection
IP_PROTECT		meri_readiness202423.4WGICC BY 4.0
Logistics Performance
LPI		meri_readiness202544.4LPI2Modified BSD3
Personal Security and Rule of Law
SECURITY_ROL		meri_readiness202423.4WGICC BY 4.0
Trade Openness
TRADE_OPEN		meri_readiness202548.3B_READYWorld Bank Terms
Inflation Stability
INFL_STAB		meri_risk202868IMF_WEOIMF Terms of Use
Sovereign credit rating score
RATING.SOV_CREDIT_SCORE		meri_risk202625SOVEREIGN_RATINGSManual Source Terms
Sovereign Credit Risk
SOV_CREDIT		meri_risk202625SOVEREIGN_RATINGSManual Source Terms
Adult literacy rate
SE.ADT.LITR.ZS		social202174.7WDICC BY 4.0
Age dependency ratio
SP.POP.DPND		social202474.4WDICC BY 4.0
Labor force participation rate
SL.TLF.CACT.ZS		social202585.5WDICC BY 4.0
Life expectancy at birth
SP.DYN.LE00.IN		social202463.8WDICC BY 4.0
Population growth (annual %)
SP.POP.GROW		social20242.4WDICC BY 4.0
Population, total
SP.POP.TOTL		social202431,964,956WDICC BY 4.0
Urban population (% of total)
SP.URB.TOTL.IN.ZS		social202432.4WDICC BY 4.0
FDI net inflows (% of GDP)
BX.KLT.DINV.WD.GD.ZS		trade20243.5WDICC BY 4.0
High-technology exports (% of manufactured)
TX.VAL.TECH.MF.ZS		trade20241WDICC BY 4.0
Merchandise exports (current USD)
TX.VAL.MRCH.CD.WT		trade20242,582,000,000WDICC BY 4.0
Merchandise imports (current USD)
TM.VAL.MRCH.CD.WT		trade20244,833,000,000WDICC BY 4.0
Tariff rate, applied, simple mean
TM.TAX.MRCH.SM.AR.ZS		trade202210WDICC BY 4.0
Trade (% of GDP)
NE.TRD.GNFS.ZS		trade202455WDICC BY 4.0
Madagascar Market Profile | Aperture