Africa · Eastern Africa

Madagascar

Republic of Madagascar · World’s #137 economy

Nominal GDP 2025
$19.6 billion
Population 2025
32.7 million
GDP per capita
$599
GDP growth 2025
3.0%
Flag of Madagascar

Overview

Official name
Republic of Madagascar
Capital
Antananarivo
Region
Africa · Eastern Africa
Area
587,041 km²
Coordinates
-20.00, 47.00
Languages
French, Malagasy
Currency
Malagasy ariary (MGA Ar)
Calling code · domain
+261 · .mg
ISO codes
MG / MDG

Map

Botswana · $19.9 billion DR Congo · $91.0 billion Comoros · $1.81 billion Lesotho · $2.57 billion Madagascar · $19.6 billion Mauritius · $16.2 billion Malawi · $14.9 billion Mozambique · $22.3 billion Réunion Eswatini · $5.16 billion Tanzania · $90.1 billion Mayotte South Africa · $427 billion Zambia · $28.9 billion Zimbabwe · $51.2 billion
Click a neighbouring country to open its profile. Illustrative map; not a statement on borders.

Demographics

Population32.7 million2025
Population growth2.40%2025
Urban population32.9%2025
Population density53.6 people/km²2023
Life expectancy63.8 years2024
Adult literacy74.7%2021

Age structure (2025)

0–14: 38.9%15–64: 57.6%65+: 3.5%

Macroeconomy

Nominal GDP$19.6 billion2025
Real GDP growth3.0%2025
GDP per capita$5992025
GDP per capita (PPP)$1,8842024
GNI (PPP)$62.4 billion2025
Inflation (CPI)8.1%2025
Unemployment3.0%2025
Industry, % of GDP23.9%2025
Exports, % of GDP21.3%2025
Imports, % of GDP32.9%2025
Merchandise exports$2.50 billion2025
Merchandise imports$5.24 billion2025
FDI net inflows$606 million2024

Madagascar ranks #137 in the world by nominal GDP (2025). Full ranking →

Business environment & logistics (micro)

Logistics Performance Index2.30 / 52022
Import clearance time1.0 days2018
Total tax rate (% of profit)38.1%2017
Land area581,800 km²2023

The Logistics Performance Index (LPI) and import clearance time are published by the World Bank per survey round; total tax rate comes from the discontinued Doing Business data (2020).

Provinces, states & regions (6)

Province: 6

  • Antananarivo MG-T
  • Antsiranana MG-D
  • Fianarantsoa MG-F
  • Mahajanga MG-M
  • Toamasina MG-A
  • Toliara MG-U

Source: ISO 3166-2 (Debian iso-codes)

Seaports & logistics

PortHarbour sizeHarbour typeCargo pier depthTEU
Antsiranana MGDIESmallcoastal (breakwater)14.0 m—
Toamasina MGTOASmallcoastal (breakwater)9.4 m—
Mananjary MGMNJVery smallopen roadstead23.2 m—
Maroantsetra MGWMNVery smallopen roadstead23.2 m—
AndoanyVery smallopen roadstead20.1 m—
IharanaVery smallcoastal (natural)14.0 m—
Morondava MGMOQVery smallopen roadstead14.0 m—
Toliara MGTLEVery smallopen roadstead11.0 m—
Mahajanga MGMJNVery smallcoastal (natural)9.4 m—
Tolanaro MGTLNVery smallopen roadstead9.4 m—
Antsohim BondronaVery smallcoastal (natural)7.9 m—
Manakara MGWVKVery smallopen roadstead7.9 m—

13 ports of this country in the World Port Index, ranked by scale (container throughput, harbour size, depth).

All 13 ports →

International shipping →

FTAs & trade blocs

Vietnam has no FTA with Madagascar: MFN rates apply (if a WTO member).

Trade agreements in force (7)

Madagascar is party to 7 regional/bilateral trade agreements in force (per the WTO). Agreements with a “Preferential rates” button are FTAs that Vietnam is also party to.

AgreementType / coverageIn forcePartners
COMESA - Accession of Tunisia CU
Goods
19 Jun 2019 BurundiComorosDR CongoEthiopiaEritreaDjiboutiKenyaLibyaMalawiMauritius +10
EU - Eastern and Southern Africa States - Accession of Comoros FTA
Goods
7 Feb 2019 ComorosMauritiusSeychellesZimbabweAustriaBelgiumBulgariaCroatiaCyprusCzechia +21
SADC - Accession of Seychelles FTA
Goods
25 May 2015 BotswanaLesothoMalawiMauritiusMozambiqueNamibiaSeychellesSouth AfricaZimbabweEswatini +2
EU - Eastern and Southern Africa States FTA
Goods
14 May 2012 ComorosMauritiusSeychellesZimbabweAustriaBelgiumBulgariaCroatiaCyprusCzechia +21
COMESA - Accession of Seychelles CU
Goods
11 May 2009 BurundiComorosDR CongoEthiopiaEritreaDjiboutiKenyaLibyaMalawiMauritius +10
Southern African Development Community (SADC) In force for some parties FTA & EIA
Goods & Services
1 Sep 2000 AngolaBotswanaComorosDR CongoLesothoMalawiMauritiusMozambiqueNamibiaSeychelles +5
COMESA - Accession of Egypt CU
Goods
17 Feb 1999 BurundiComorosDR CongoEthiopiaEritreaDjiboutiKenyaLibyaMalawiMauritius +8

Source: WTO Regional Trade Agreements Database (retrieved 14 Oct 2026) plus additional agreements maintained by the administrator. Lists agreements notified to the WTO and in force.

Import regulations

Look up the importing country's duties, technical rules and procedures on the Global Trade Helpdesk (ITC/UNCTAD/WTO), Market Access Map (ITC) and WTO Tariff & Trade Data. Check Vietnam's FTAs with the importing country for preferential rates with valid proof of origin.

Global Trade Helpdesk ↗Market Access Map ↗WTO Tariff & Trade Data ↗

Sourcing from Vietnam

Buyers in Madagascar can find Vietnamese suppliers by industry, in the factory directory and at international exhibitions in Vietnam:

Steel & steel structure manufacturing →International exhibitions in VietnamContact

Data: World Bank WDI (CC BY 4.0); mledoze/world-countries (ODbL); i18n-iso-countries (MIT); ISO 3166-2 – Debian iso-codes (LGPL); NGA World Port Index 2019; map @svg-maps/world (CC BY 4.0); flags flag-icons (MIT). For reference only.