Madagascar
ISO3: MDG • Sub-Saharan Africa • Low income
Madagascar is a low income economy in Sub-Saharan Africa. It has a population of about 31,964,956 and a GDP of $17.42 billion.
Explore 263 World Bank indicators for Madagascar below.
Madagascar at a Glance
- Capital
- Antananarivo
- Population
- 31,964,956
- Area
- 587,041 km²
- 54.5 /km²
- Currency
- MGA Malagasy ariary
- Languages
- French, Malagasy
- ISO codes
- MDG · MG
Key Development Indicators
Economy
GDP (current US$)
17.42B
2024
Economy
GDP per capita (current US$)
544.99
2024
Health & Population
Population, total
31.96M
2024
Health & Population
Life expectancy at birth, total (years)
63.84
2024
Economy
Inflation, consumer prices (annual %)
7.61
2024
Labor & Business
Unemployment, total (% of total labor force) (modeled ILO estimate)
3.04
2025
Education
Literacy rate, adult total (% of people ages 15 and above)
74.69
2021
Technology
Individuals using the Internet (% of population)
18.68
2024
Energy
Access to electricity (% of population)
39.40
2023
Economy
Trade (% of GDP)
54.98
2024
Health & Population
Maternal mortality ratio (modeled estimate, per 100,000 live births)
445.00
2023
Health & Population
Urban population (% of total population)
32.43
2024
Other Countries in Sub-Saharan Africa
The World Bank's Sub-Saharan Africa region covers countries at various stages of economic development. Compare Madagascar with its regional peers using the comparison tool.
Frequently asked questions about Madagascar
- What is the population of Madagascar?
- Madagascar has a population of approximately 31,964,956, according to the most recent World Bank data.
- What is the capital of Madagascar?
- The capital of Madagascar is Antananarivo.
- What region is Madagascar in?
- The World Bank places Madagascar in the Sub-Saharan Africa region.
- What income group is Madagascar in?
- The World Bank classifies Madagascar as a Low income economy.
- What currency does Madagascar use?
- Madagascar uses the Malagasy ariary (MGA).
Data sourced from the World Bank Open Data portal. Values represent the most recent available year. NULL or missing values indicate data is suppressed, not collected, or not applicable for this country.