Madagascar: Selected Issues and Statistical Appendix

This Selected Issues paper analyzes recent economic developments and policies in Madagascar. Real GDP growth in 2001 was 6 percent, continuing the trend of sustained increase in per capita real GDP that began during the period 1997–2000. The secondary and tertiary sectors were the main sources of growth. The value added of the secondary sector, which accounts for only 13.3 percent of output, increased by 7.6 percent in 2001, following an annual average increase of 5 percent in 1997–2000.
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Volume/Issue: Volume 2003 Issue 007
Publication date: January 2003
ISBN: 9781451825282
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Business and Economics , Exports and Imports , ISCR , CR , government , firm , Madagascar , tertiary sector , country , EPZ firm , primary sector , Malagasy authorities , state petroleum company , telecommunication company , market share , EPZ regime , factor cost , Exports , Export performance , Real exchange rates , Foreign direct investment , Real effective exchange rates , Southern Africa , East Africa

Summary

This Selected Issues paper analyzes recent economic developments and policies in Madagascar. Real GDP growth in 2001 was 6 percent, continuing the trend of sustained increase in per capita real GDP that began during the period 1997–2000. The secondary and tertiary sectors were the main sources of growth. The value added of the secondary sector, which accounts for only 13.3 percent of output, increased by 7.6 percent in 2001, following an annual average increase of 5 percent in 1997–2000.