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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
2013 2014 2015 2016 2017
GDP (constant 2000 MGA[billions]) 7,240.41 7,481.51 7,713.24 8,035.82 8,381.92
GDP (current MGA[billions]) 23,397.03 25,774.51 28,462.64 31,634.06 35,728.85
GDP growth (%) 2.24 3.33 3.1 4.18 4.31
GDP per capita (constant 2000 MGA) 315,836.23 317,393.48 318,263.56 322,516.59 327,252.44
GDP per capita (current MGA) 1,020,609.91 1,093,450.87 1,174,424.67 1,269,628.28 1,394,949.89
Inflation (CPI) (%) 5.83 6.08 7.4 6.66 8.28
General government revenue (% of GDP) 10.9 12.43 11.88 14.8 14.76
General government expenditure (% of GDP) 14.89 14.73 15.21 16.12 17.17
Budget balance (% of GDP) -3.99 -2.3 -3.33 -1.32 -2.42
Primary balance (% of GDP) -3.31 -1.75 -2.52 -0.44 -1.62
General government debt (% of GDP) 36.09 34.65 35.69 41.9 40.28

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