Madagascar Forecast

Markets	Actual	Q2/26	Q3/26	Q4/26	Q1/27
Currency	4130.00	4110	4060	4016	3971

Overview	Actual	Q2/26	Q3/26	Q4/26	Q1/27
Currency	4130.00	4110	4060	4016	3971
Inflation Rate (%)	6.10	7.5	6.8	7	5.9
Food Inflation (%)	6.80	8.6	7.8	8	6.7
CPI Transportation (points)	170.80	167	168	168
Consumer Price Index CPI (points)	196.40	204	204	209	208
Interest Rate (%)	12.00	12	12	12	10
GDP Annual Growth Rate (%)	4.30			4.2
GDP (USD Billion)	17.42			18.15
GDP per Capita (USD)	453.38			472
GDP per Capita PPP (USD)	1657.05			1727
Unemployment Rate (%)	3.00			2.9
Population (Million)	31.96			32.6
Current Account to GDP (% of GDP)	-6.10			-6.4
Government Debt to GDP (% of GDP)	38.80			40.4
Government Budget (% of GDP)	-3.80			-4

Prices	Actual	Q2/26	Q3/26	Q4/26	Q1/27
Inflation Rate (%)	6.10	7.5	6.8	7	5.9
Food Inflation (%)	6.80	8.6	7.8	8	6.7
CPI Transportation (points)	170.80	167	168	168
Consumer Price Index CPI (points)	196.40	204	204	209	208

Money	Actual	Q2/26	Q3/26	Q4/26	Q1/27
Interest Rate (%)	12.00	12	12	12	10

GDP	Actual	Q2/26	Q3/26	Q4/26	Q1/27
GDP Annual Growth Rate (%)	4.30			4.2
GDP (USD Billion)	17.42			18.15
GDP per Capita (USD)	453.38			472
GDP per Capita PPP (USD)	1657.05			1727

Labour	Actual	Q2/26	Q3/26	Q4/26	Q1/27
Unemployment Rate (%)	3.00			2.9
Population (Million)	31.96			32.6

Trade	Actual	Q2/26	Q3/26	Q4/26	Q1/27
Current Account to GDP (% of GDP)	-6.10			-6.4

Government	Actual	Q2/26	Q3/26	Q4/26	Q1/27
Government Debt to GDP (% of GDP)	38.80			40.4
Government Budget (% of GDP)	-3.80			-4

Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Madagascar Forecast - was last updated on Tuesday, April 14, 2026.