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Country Commercial Guides for FY 2000:
Madagascar

Report prepared by U.S. Embassy
Antananarivo, released July 1999

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CHAPTER X:   ECONOMIC AND TRADE STATISTICS

APPENDIX A:   COUNTRY DATA


Population: 			14,659,000
Population Growth rate: 	2.8%/year
Religions: 			70% Christian, 6% Muslim. The remainder
adhere to traditional, ancestor-oriented
animist beliefs. Government system: semi-Presidential. Language: Malagasy and French Work week: Monday-Friday: 40 hours/week.
The above statistics are unofficial estimates.

APPENDIX B:   DOMESTIC ECONOMY


			 1997      1998      1999 (est)
                                                
GDP (USD Million):     	3,544     3,750		3,709    

GDP growth rate  1997     2.1%      3.9%	  4.5%   

GDP per capita (USD)      257       262		  264  

Government spending 
  as a percent of GDP    19.9      22.8		   22        

Unemployment               30%       25%	   23%    

Foreign exchange reserves     
 (USD Million)            239       164		  306

Average exchange rate
  for USD 1.00          4,053	   5,441	6,065 (avg from Jan - June)

Foreign Debt
 (USD Million)		4,484      4,262   	4,422       

Debt Service ratio       39.6       29.2	 22.7    

U.S. Military Assistance
  (USD)		      140,000    124,000    	  n/a       

U.S. Economic Assistance
 (USD million) 		 19.9       27.7      	  n/a      
The above statistics are unofficial estimates.

APPENDIX C:   TRADE (in USD Million)

				1997     1998    1999

Total Country exports:           268      518     n/a

Total Country imports:           571      789     n/a

U.S. Exports:                    11.5    14.6    n/a            
U.S. Imports:                    62.5    71.4    n/a

Source: Central Bank/National Data Office

APPENDIX D:   INVESTMENT STATISTICS -- SEE INVESTMENT CLIMATE STATEMENT

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Note* International Copyright, United States Government, 1999 (or other year of first publication). All rights under foreign copyright laws are reserved. All portions of this publication are protected against any type or form of reproduction, communications to the public and the preparation of adaptations, arrangement and alterations outside the United States. U. S. copyright is not asserted under the U.S. Copyright Law, Title17, United States Code.

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