Madagascar [+]Compare [E]dit [H]istory

Aliases: Madagascar/Madagasikara, Malagasy Republic, Republic of Madagascar, Republique de Madagascar/Repoblikan'i Madagasikara

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Object «Madagascar» has attributes

Attribute Value
Geography
Area 587,041 km²
Continent Africa
Land area 581,540 km²
Water area 5,501 km²
Land boundaries 0 km
Border countries Add
Coastline 4,828 km
Mean elevation 615 m
Lowest point 0 m
Highest point 2,876 m
People
Population 26,955,737
Official languages
  • French
  • Malagasy
Religion Christian, indigenous, Muslim
Government
Long country name Republic of Madagascar
Short country name Madagascar
Long local name Republique de Madagascar/Repoblikan'i Madagasikara
Short local name Madagascar/Madagasikara
Former name
  • Malagasy Republic
Government type Semi-presidential republic
Capital Antananarivo
Economy
GDP (PPP) 39,850,000,000 USD
GDP (OER) 11,500,000,000 USD
GDP (real growth rate) 4.2 %
GDP - per capita (PPP) 1,600 USD
Gross national saving 14.8 % of GDP
Labor force 13,400,000
Unemployment rate 1.8 %
Population below poverty line 70.7 %
Budget revenues 1,828,000,000 USD
Budget expenditures 2,136,000,000 USD
Military expenditures 0.6 % of GDP
Taxes and other revenues 15.9 % of GDP
Budget surplus or deficit -2.7 % of GDP
Public debt 36 % of GDP
Inflation rate 8.3 %
Central bank discount rate 9.5 %
Commercial bank prime lending rate 60 %
Stock of narrow money 1,045,000,000 USD
Stock of broad money 1,045,000,000 USD
Stock of domestic credit 2,345,000,000 USD
Market value of publicly traded shares Add
Current account balance -35,000,000 USD
Exports 2,290,000,000 USD
Imports 2,738,000,000 USD
Reserves of foreign exchange and gold 1,600,000,000 USD
External debt 4,089,000,000 USD
National currency Malagasy ariary
National currency (code) MGA
National currency (symbol) Ar
National currency rate to USD 3

Madagascar was one of the last major habitable landmasses on earth settled by humans. While some transient visits to the island may have occurred in the centuries B.C., large-scale settlement began between A.D. 350 and 550 with settlers from present-day Indonesia. The island attracted Arab and Persian traders as early as the 7th century, and migrants from Africa arrived around A.D. 1000. Madagascar was a pirate stronghold during the late 17th and early 18th centuries, and served as a slave trading center into the 19th century. From the 16th to the late 19th century, a native Merina Kingdom dominated much of Madagascar. The island was conquered by the French in 1896 who made it a colony; independence was regained in 1960.

During 1992-93, free presidential and National Assembly elections were held ending 17 years of single-party rule. In 1997, in the second presidential race, Didier RATSIRAKA, the leader during the 1970s and 1980s, returned to the presidency. The 2001 presidential election was contested between the followers of Didier RATSIRAKA and Marc RAVALOMANANA, nearly causing secession of half of the country. In 2002, the High Constitutional Court announced RAVALOMANANA the winner. RAVALOMANANA won a second term in 2006 but, following protests in 2009, handed over power to the military, which then conferred the presidency on the mayor of Antananarivo, Andry RAJOELINA, in what amounted to a coup d'etat. Following a lengthy mediation process led by the Southern African Development Community, Madagascar held UN-supported presidential and parliamentary elections in 2013. Former de facto finance minister Hery RAJAONARIMAMPIANINA won a runoff election in December 2013 and was inaugurated in January 2014. In January 2019, RAJOELINA was declared the winner of a runoff election against RAVALOMANANA; both RATSIRAKA and RAJAONARIMAMPIANINA also ran in the first round of the election, which took place in November 2018.

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There was one edit, no edits waiting approval. Last edited by romaguera.shemar(9697), Sep 16, 2019 (63 fields were changed)
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