Solutions / Markets / Republic of Madagascar

Madagascar

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Population (Feb 2026) 31.35 Million
Est. 2025 GDP US$17.8 Billion
GDP Per Capita US$575
Land Area 587,041 km²

Overview

Situated off the eastern coast of Africa across the Mozambique Channel, Madagascar is one of the world's largest island nations. Governed as a republic with its capital in Antananarivo, the country is divided into 23 administrative regions.

The national economy relies heavily on agriculture for employment, leading global markets in natural vanilla production alongside other spice and crop exports. Industrial output is supported by textile manufacturing and mineral extraction—particularly nickel, cobalt, and ilmenite—while the services and tourism sectors account for over half of the GDP. Key international trade relationships are maintained with major economies across Europe, North America, and Asia.

Culturally shaped by historical migrations from both Austronesia and Africa, the island transitioned from a unified 19th-century kingdom through a period of French colonial administration before achieving independence in 1960. Today, the nation is globally recognized for its unique ecological biodiversity and endemic wildlife.