Madagascar
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Madagascar
Issuer
Abbreviation
Phone
Location
Capital
Official languages
Population
Currency
ISO 4217
Antananarivo
Madagascar
Malagasy, French
30,325,732
MGA
Malagasy Ariary
Delivery
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Certificate of incorporation
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Articles of association
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Meeting minutes
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Company stamp
Document checklist:
<Economy>
"Madagascar has seen a steady improvement in its economy over the past few years. According to the World Bank, the country’s GDP grew by 4.2% in 2019, up from 3.7% in 2018. This growth was driven by increased investment in infrastructure, tourism, and agriculture. Inflation has also been kept in check, with the rate dropping from 6.2% in 2018 to 4.7% in 2019.
The country’s unemployment rate has also seen a decrease, dropping from 8.2% in 2018 to 7.7% in 2019. This is due to increased investment in the agricultural sector, which has created more jobs.
The country’s exports have also seen an increase, with exports reaching $2.3 billion in 2019, up from $1.9 billion in 2018. This is due to increased demand for Madagascar’s agricultural products, such as vanilla, coffee, and cocoa.
Overall, Madagascar’s economy has seen a steady improvement over the past few years, with increased investment in infrastructure, tourism, and agriculture leading to increased GDP growth, lower unemployment, and higher exports."