Publication:
Madagascar Economic Update: Bridging the Productivity Divide

dc.contributor.authorWorld Bank
dc.date.accessioned2025-03-17T13:17:56Z
dc.date.available2025-03-17T13:17:56Z
dc.date.issued2025-03-17
dc.description.abstractMadagascar’s economy is recovering but remains uneven. Growth is estimated at 4.2 percent in 2024. Several sectors in the economy have yet to return to their pre-2020 output levels. The services sector has driven growth on the supply side, especially tourism-related sectors and telecommunications. Following reforms to improve the business climate, private investment has become the key engine of growth on the demand side. Stubbornly high core inflation diminished private consumption’s contribution to growth in 2024, and the contribution of net exports to growth turned negative. Meanwhile, employment-intensive sectors such as agriculture, agrobusiness, and textiles have struggled to recover, especially in terms of value addition per capita.en
dc.identifierhttp://documents.worldbank.org/curated/en/099022425145522481
dc.identifier.doi10.1596/42955
dc.identifier.urihttps://hdl.handle.net/10986/42955
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC RECOVERY
dc.subjectSERVICES SECTOR
dc.subjectTOURISM-RELATED SECTORS
dc.subjectBUSINESS CLIMATE REFORMS
dc.titleMadagascar Economic Updateen
dc.title.subtitleBridging the Productivity Divideen
dc.typeReport
dspace.entity.typePublication
okr.date.disclosure2025-03-17
okr.date.doiregistration2025-04-14T11:53:41.958137Z
okr.date.lastmodified2025-02-27T23:05:23Zen
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099022425145522481
okr.guid099022425145522481
okr.identifier.docmidP501380-72e88ef2-bbb6-4323-9795-e716a6ecd57f
okr.identifier.externaldocumentum34459382
okr.identifier.internaldocumentum34459382
okr.identifier.report197517
okr.import.id6880
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttps://documents.worldbank.org/curated/en/099022425145522481/pdf/P501380-72e88ef2-bbb6-4323-9795-e716a6ecd57f.pdfen
okr.region.administrativeAfrica Eastern and Southern (AFE)
okr.region.countryMadagascar
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Economic Modeling and Statistics
okr.topicIndustry::Accommodation & Tourism Industry
okr.topicInformation and Communication Technologies::Telecommunications Infrastructure
okr.topicPrivate Sector Development::Private Sector Economics
okr.unitEFI-AFR1-MTI-MacroFiscal-2 (EAEM2)
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