cline in
world coffee prices, and the erratic commitment of the government to
economic reform. The extent of government reforms, outside financial aid,
and foreign investment will be key determinants of future growth.
GDP: purchasing power parity - $14 billion (2001 est.)
GDP - real growth rate: 5% (2001 est.)
GDP - per capita: purchasing power parity - $870 (2001 est.)
GDP - composition by sector: agriculture: 34% industry: 11% services:
55% (1999 est.)
Population below poverty line: 70% (1994 est.)
Household income or consumption by percentage share: lowest 10%: 2.2%
highest 10%: 37.3% (1997)
Distribution of family income - Gini index: 46 (1997)
Inflation rate (consumer prices): 7% (2001 est.)
Labor force: 7 million (1999)
Unemployment rate: NA%
Budget: revenues: $553 million expenditures: $735 million, including
capital expenditures of $NA (1998 est.)
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: 820 million kWh (2000)
Electricity - production by source: fossil fuel: 36.59% hydro: 63.41%
other: 0% (2000) nuclear: 0%
Electricity - consumption: 762.6 million kWh (2000)
Electricity - exports: 0 kWh (2000)
Electricity - imports: 0 kWh (2000)
Agriculture - products: coffee, vanilla, sugarcane, cloves, cocoa,
rice, cassava (tapioca), beans, bananas, peanuts; livestock products
Exports: $680 million (f.o.b., 2000)
Exports - commodities: coffee, vanilla, shellfish, sugar; cotton cloth,
chromite, petroleum products
Exports - partners: France 41%, US 21%, Germany 7%, Japan 4%, UK 1%
(2000)
Imports: $919 million (f.o.b., 2000)
Imports - commodities: intermediate manufactures, capital goods,
petroleum, consumer goods, food
Imports - partners: France 38%, Hong Kong 10%, China 5%, Singapore 5%,
Japan 3%
Debt - external: $4.5 billion (2000)
Economic aid - recipient: $838 million (1997)
Currency: Malagasy franc (MGF)
Currency code: MGF
Exchange rates: Malagasy francs per US dollar - 6,531.4 (December 2001),
6,588.5 (2001), 6,767.5 (2000), 6,283.8 (1999), 5,441.4 (1998), 5,090.9
(1997)
Fiscal year: calendar year
Communications Madagascar
Telephones - main lines in use: 55,000 (2000)
Telephones - mobile cellular: 63,100 (2000)
Telephone system: s
|