Madagascar (2008) | Madagascar (2007) | |
Background | Formerly an independent kingdom, Madagascar became a French colony in 1896, but regained its independence 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, was 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 April 2002, the High Constitutional Court announced RAVALOMANANA the winner. RAVALOMANANA is now in his second term following a landslide victory in the generally free and fair presidential elections of 2006. | Formerly an independent kingdom, Madagascar became a French colony in 1896, but regained its independence 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, was 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 April 2002, the High Constitutional Court announced RAVALOMANANA the winner. |
Budget | revenues: $1.22 billion
expenditures: $1.555 billion (2007 est.) |
revenues: $863.3 million
expenditures: $1.132 billion (2006 est.) |
Diplomatic representation from the US | chief of mission: Ambassador R. Niels MARQUARDT
embassy: 14-16 Rue Rainitovo, Antsahavola, Antananarivo 101 mailing address: B. P. 620, Antsahavola, Antananarivo telephone: [261] (20) 22-212-57, 22-212-73, 22-209-56 FAX: [261] (20) 22-345-39 |
chief of mission: Ambassador James D. McGEE
embassy: 14-16 Rue Rainitovo, Antsahavola, Antananarivo 101 mailing address: B. P. 620, Antsahavola, Antananarivo telephone: [261] (20) 22-212-57, 22-212-73, 22-209-56 FAX: [261] (20) 22-345-39 |
Exchange rates | Malagasy ariary per US dollar - 1,880 (2007), 2,161.4 (2006), 2,003 (2005), 1,868.9 (2004), 1,238.3 (2003) | Malagasy ariary per US dollar - 2,161.4 (2006), 2,003 (2005), 1,868.9 (2004), 1,238.3 (2003), 1,366.4 (2002) |
Exports | 363.9 bbl/day (2004) | NA bbl/day |
Exports - partners | France 32.1%, US 25.3%, Germany 6.1%, Italy 5%, UK 4.1% (2006) | France 32.1%, US 25.3%, Germany 6.1%, Italy 5.1%, UK 4.1% (2006) |
GDP - composition by sector | agriculture: 27.3%
industry: 15.8% services: 56.8% (2007 est.) |
agriculture: 28.2%
industry: 16.3% services: 55.5% (2006 est.) |
GDP - real growth rate | 6.3% (2007 est.) | 4.7% (2006 est.) |
Imports | 17,830 bbl/day (2004) | NA bbl/day |
Imports - partners | France 14.5%, China 12%, Iran 9.3%, Mauritius 5.6%, Hong Kong 4.7% (2006) | France 13.9%, China 12%, Iran 9.3%, Mauritius 5.6%, Hong Kong 4.8% (2006) |
Industrial production growth rate | 6% (2007 est.) | 3% (2000 est.) |
Inflation rate (consumer prices) | 10% (2007 est.) | 10.8% (2006 est.) |
Telephone system | general assessment: system is above average for the region; Antananarivo's main telephone exchange modernized, but the rest of the analogue-based telephone system is poorly developed; planning to add 50,000 new private-subscriber fixed lines beginning in 2005
domestic: combined fixed-line and mobile telephone density only about 7 per 100 persons international: country code - 261; submarine cable to Bahrain; satellite earth stations - 1 Intelsat (Indian Ocean), 1 Intersputnik (Atlantic Ocean region) |
general assessment: system is above average for the region
domestic: open-wire lines, coaxial cables, microwave radio relay, and tropospheric scatter links connect regions international: country code - 261; submarine cable to Bahrain; satellite earth stations - 1 Intelsat (Indian Ocean), 1 Intersputnik (Atlantic Ocean region) |