Economic Trivia

Agriculture provides for 25% of the country's GDP and employs 80% of the population.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2019): France, China, and United States
Top 3 Exported Goods (2019): Coffee & Spices, Nickel, and Apparel: Non Knit

Top Industries Source: CIA World Factbook

Meat Processing; Seafood; Soap; Breweries

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $43,395,914,282 (2018)
GDP Growth Rate (annual %) 4.565% (2018)
GDP Per Capita, PPP (current international) $1,652 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 116/196 (2018)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 5.625% (2019)
External debt stocks, total (DOD, current US$) $3,716,241,963 (2018)
Total tax rate (% of commercial profits) 38.3% (2019)
Real Interest Rate (5 year average %) 44.438% (2018)
Manufacturing, value added (% of GDP) 10.104% (2018)
Current Account Balance (BoP, current US$) $80,122,318 (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 13,851,805 (2019)
Employment in Agriculture (% of total employment) 64.222% (2019)
Employment in Industry (% of total employment) 8.987% (2019)
Employment in Services (% of total employment) 26.791% (2019)
Unemployment Rate 1.758% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $4,685,208,550 (2018)
Exports of goods and services (current US$) $3,973,437,199 (2018)
Total Merchandise Trade (% of GDP) 51.763% (2018)
FDI, net inflows (BoP, current US$) $612,036,371 (2018)
Commercial Service Exports (current US$) $1,279,478,188 (2018)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Madagascar’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank