Madagascar Forecast

Markets	Actual	Q1/26	Q2/26	Q3/26	Q4/26
Currency	4160.81	4228	4147	4099	4052

Overview	Actual	Q1/26	Q2/26	Q3/26	Q4/26
Currency	4160.81	4228	4147	4099	4052
Inflation Rate (%)	7.20	8	7.5	6.8	7
Food Inflation (%)	8.50	9.3	8.6	7.8	8
CPI Transportation (points)	166.50	167	168	168
Consumer Price Index CPI (points)	192.40	203	204	204	206
Interest Rate (%)	12.00	12	10	10	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	Q1/26	Q2/26	Q3/26	Q4/26
Inflation Rate (%)	7.20	8	7.5	6.8	7
Food Inflation (%)	8.50	9.3	8.6	7.8	8
CPI Transportation (points)	166.50	167	168	168
Consumer Price Index CPI (points)	192.40	203	204	204	206

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

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

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

Government	Actual	Q1/26	Q2/26	Q3/26	Q4/26
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 Thursday, March 5, 2026.