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Madagascar

Issuer website
Government website

Issuer

Abbreviation 

Email

Phone

Location

Capital

Official languages

Population

Currency

ISO 4217

Antananarivo

Madagascar

Malagasy, French

30,325,732

MGA

Malagasy Ariary

Delivery

  • Certificate of incorporation 

  • Articles of association

  • Meeting minutes 

  • Company stamp

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<Economy>

"Madagascar has seen a steady improvement in its economy over the past few years. According to the World Bank, the country’s GDP grew by 4.2% in 2019, up from 3.7% in 2018. This growth was driven by increased investment in infrastructure, tourism, and agriculture. Inflation has also been kept in check, with the rate dropping from 6.2% in 2018 to 4.7% in 2019.

The country’s unemployment rate has also seen a decrease, dropping from 8.2% in 2018 to 7.7% in 2019. This is due to increased investment in the agricultural sector, which has created more jobs.

The country’s exports have also seen an increase, with exports reaching $2.3 billion in 2019, up from $1.9 billion in 2018. This is due to increased demand for Madagascar’s agricultural products, such as vanilla, coffee, and cocoa.

Overall, Madagascar’s economy has seen a steady improvement over the past few years, with increased investment in infrastructure, tourism, and agriculture leading to increased GDP growth, lower unemployment, and higher exports."

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