revenues: $783.7 million
expenditures: $1.079 billion, including capital expenditures of $331
million (2004 est.)

Agriculture - products:
coffee, vanilla, sugarcane, cloves, cocoa, rice, cassava (tapioca),
beans, bananas, peanuts; livestock products

Industries:
meat processing, soap, breweries, tanneries, sugar, textiles,
glassware, cement, automobile assembly plant, paper, petroleum,
tourism

Industrial production growth rate:
3% (2000 est.)

Electricity - production:
840.2 million kWh (2002)

Electricity - production by source:
fossil fuel: 36.1%
hydro: 63.9%
nuclear: 0%
other: 0% (2001)

Electricity - consumption:
781.4 million kWh (2002)

Electricity - exports:
0 kWh (2002)

Electricity - imports:
0 kWh (2002)

Oil - production:
0 bbl/day (2001 est.)

Oil - consumption:
13,000 bbl/day (2001 est.)

Oil - exports:
NA

Oil - imports:
NA

Oil - proved reserves:
0 bbl (1 January 2002)

Natural gas - proved reserves:
0 cu m (1 January 2002)

Current account balance:
$-281.9 million (2004 est.)

Exports:
$868.2 million f.o.b. (2004 est.)

Exports - commodities:
coffee, vanilla, shellfish, sugar; cotton cloth, chromite,
petroleum products

Exports - partners:
US 35.8%, France 30.8%, Germany 7.7% (2004)

Imports:
$1.147 billion f.o.b. (2004 est.)

Imports - commodities:
capital goods, petroleum, consumer goods, food

Imports - partners:
France 17.2%, China 9.7%, Hong Kong 6.6%, Iran 6.4%, Mauritius
6.2%, South Africa 5.6% (2004)

Reserves of foreign exchange and gold:
$500.3 million (2004 est.)

Debt - external:
$4.6 billion (2002)

Economic aid - recipient:
$354 million (2001)

Currency (code):
Madagascar ariary (MGA)

Currency code:
MGF

Exchange rates:
Malagasy francs per US dollar - 1,868.9 (2004), 1,238.3 (2003),
1,366.4 (2002), 1,317.7 (2001), 1,353.5 (2000)

Fiscal year:
calendar year

Communications Madagascar

Telephones - main lines in use:
59,600 (2003)

Telephones - mobile cellular:
279,500 (2003)

Telephone system:
general assessment: system is above average for the region
domestic: open-wire lines, coaxial cables, microwave radio relay,
and tropospheric scatter links connect regions
international: country code - 261; submarine cable to Bahrain;
satellite earth stations - 1 Intelsat (Indian Ocean) and 1
Intersputnik (Atlantic Ocean region)