Markets · East Africa

Madagascar

Antananarivo · Malagasy ariary (MGA) · SADC · COMESA

Reference

Capital: Antananarivo
Currency: Malagasy ariary · MGA
Central bank: Central Bank of Madagascar (Banky Foiben’i Madagasikara)
Regional membership: SADC — Southern African Development Community
COMESA — Common Market for Eastern and Southern Africa
Official languages: Malagasy, French
Stock exchange: Not listed here
Instant payments: Not listed here
Regulatory sandbox: Not listed here

A blank field means the item is not listed on this page, not that it does not exist.

Figures

GDP (current US$): $19.6 bn · 2025
GDP growth (annual %): 3.0% · 2025
Population: 32.7 m · 2025
Inflation, consumer prices (annual %): 8.1% · 2025
Personal remittances received (current US$): Not available for the latest year
Exchange rate · MGA: 4315 MGA per US dollar · 2026-08-29

World Bank, World Development Indicators, via the World Bank API; year as published. Mid-market reference from exchangerate-api.com, refreshed daily; not a dealing rate.

Headlines · 0

From the AllAfrica country feed and pan-African newsrooms; each item links to the original.

No headlines naming this market in the last seven days.