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MADAGASCAR Fact sheets are updated biannually; June and December General information Capital: Land area: Official language(s): Population: Currency: Antananarivo 581,795 sq km Malagasy, French, English 24.2 million (2015) Ariary Head of State President HE Mr Hery Rajaonarimampianina Head of Government Prime Minister Olivier Solonandrasana Mahafaly 2011 2012 2013 2014 2015 2016 9.9 456.3 29.7 1,371.6 1.5 -0.7 -6.9 9.5 3.6 9.9 445.0 31.2 1,399.5 3.0 -0.7 -6.9 5.7 3.6 10.6 462.5 32.4 1,414.2 2.3 -0.6 -5.9 5.8 3.6 10.7 452.8 34.1 1,446.4 3.3 0.0 -0.3 6.1 3.6 9.7 402.1 35.5 1,466.2 3.1 -0.2 -1.9 7.4 na 9.7 390.9 37.5 1,504.7 4.1 -0.2 -2.3 6.7 na Economic indicators (a) GDP (US$b) (current prices) GDP per capita (US$) GDP PPP (Int'l $b) GDP per capita PPP (Int'l $) Real GDP growth (% change yoy) Current account balance (US$b) Current account balance (% GDP) Inflation (% change yoy) Unemployment (% labour force) Australia's trade and investment relationship with Madagascar (b) Australian merchandise trade with Madagascar, 2015-16 (A$000) Exports to Madagascar 6,756 Imports from Madagascar 8,637 Total merchandise trade (exports + imports) 15,393 Major Australian exports, 2015-16 (A$000) Civil engineering equipment & parts Animal oils & fats Taps, cocks & valves Heating & cooling equipment & parts 2,866 794 458 445 Australia's trade in services with Madagascar, 2015-16 (A$m) Exports of services to Madagascar Imports of services from Madagascar 3 5 Total share 0.0% 0.0% 0.0% Rank 126th 114th 132nd Major Australian imports, 2015-16 (A$000) Men's clothing (excl knitted) Spices Other textile clothing Women's clothing (excl knitted) Total share 0.0% 0.0% Australia's investment relationship with Madagascar, 2015 (A$m) Australia's investment in Madagascar Madagascar's investment in Australia Growth (yoy) -44.0% 72.3% -9.9% 1,908 1,604 1,251 1,086 Rank 133rd 124th Growth (yoy) 200.0% 66.7% Total 0 0 FDI 0 0 Madagascar's global merchandise trade relationships Madagascar's principal export destinations, 2015 1 France 2 United States 3 The Netherlands 35 Australia 20.2% 10.8% 6.7% 0.2% Madagascar's principal import sources, 2015 1 China 2 Bahrain 3 United Arab Emirates 31 Australia 18.2% 6.9% 6.4% 0.3% Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources. (a) Economic indicators data is from the IMF WEO where available, the EIU or other reputable source. Data may include forecasts or projections for recent years. GNI may be shown in lieu of GDP for countries where GDP data is unavailable. (b) Merchandise trade data is based on published and unpublished ABS data. May exclude confidential items of trade. Totals may not add up due to rounding. Investment data is stocks as at end December. All data may be subject to future revisions. GDP - Gross Domestic Product PPP - Purchasing power parity GNI - Gross National Income na - Data is not available np - Data is not published .. - Data is not meaningful Primary - Primary goods STM - Simply transformed manufactures ETM - Elaborately transformed manufactures Other - Other goods including non-monetary gold f.c.f. - Fresh, chilled or frozen nes - Not elsewhere specified