Vanilla production occurring in Madagscar
Human Development Index (HDI): Madagascar's HDI is approximately 0.501, ranking it among the lower human development countries. Factors such as education, life expectancy, and income contribute to this rating.
Gender Development Index (GDI): Madagascar has a moderate gender development index, but gender disparities remain in education and employment opportunities.
Gender Inequality Index (GII): The country faces gender inequality, particularly in political representation and economic participation.
Gross Domestic Product (GDP): Madagascar's GDP is around $14 billion, with agriculture and mining being significant contributors.
Gross National Income (GNI): The GNI per capita is approximately $500, indicating economic challenges and poverty levels.
GNI per Capita: Madagascar remains a low-income country, with economic growth hindered by infrastructure limitations and environmental challenges
Education: The literacy rate in Madagascar is about 74%, with primary education being more accessible than secondary and higher education.
Healthcare: The healthcare system faces challenges such as limited medical infrastructure and a shortage of healthcare professionals. The average life expectancy is around 67 years.
Gender Equality: Women's participation in the workforce and politics is increasing but still faces cultural and economic barriers.
Economic Sectors
Primary Sector: Agriculture is a major part of Madagascar’s economy, employing over 60% of the workforce. Key products include vanilla, coffee, cloves, and rice.
Secondary Sector: The industrial sector is developing, with textile manufacturing, food processing, and mining (nickel, cobalt) playing important roles.
Tertiary Sector: Services such as tourism and trade are growing. Madagascar’s biodiversity attracts eco-tourism, an important economic contributor.
Exports: Madagascar is the world’s largest producer of vanilla. Other major exports include textiles, seafood, precious stones, and agricultural products.
Industries: The country has emerging industries in textiles, agriculture, and mining. However, infrastructure development is needed to support industrial growth, to which Madagascar severely lacks.
Crude oil production occurring in Madagscar
Mining occuring in Madagscar