Publication: Madagascar Economic Update: Bridging the Productivity Divide
dc.contributor.author | World Bank | |
dc.date.accessioned | 2025-03-17T13:17:56Z | |
dc.date.available | 2025-03-17T13:17:56Z | |
dc.date.issued | 2025-03-17 | |
dc.description.abstract | Madagascar’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.identifier | http://documents.worldbank.org/curated/en/099022425145522481 | |
dc.identifier.doi | 10.1596/42955 | |
dc.identifier.uri | https://hdl.handle.net/10986/42955 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | Washington, DC: World Bank | |
dc.rights | CC BY-NC 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | https://creativecommons.org/licenses/by-nc/3.0/igo | |
dc.subject | ECONOMIC GROWTH | |
dc.subject | ECONOMIC RECOVERY | |
dc.subject | SERVICES SECTOR | |
dc.subject | TOURISM-RELATED SECTORS | |
dc.subject | BUSINESS CLIMATE REFORMS | |
dc.title | Madagascar Economic Update | en |
dc.title.subtitle | Bridging the Productivity Divide | en |
dc.type | Report | |
dspace.entity.type | Publication | |
okr.date.disclosure | 2025-03-17 | |
okr.date.doiregistration | 2025-04-14T11:53:41.958137Z | |
okr.date.lastmodified | 2025-02-27T23:05:23Z | en |
okr.doctype | Economic & Sector Work::Economic Updates and Modeling | |
okr.doctype | Economic & Sector Work | |
okr.docurl | http://documents.worldbank.org/curated/en/099022425145522481 | |
okr.guid | 099022425145522481 | |
okr.identifier.docmid | P501380-72e88ef2-bbb6-4323-9795-e716a6ecd57f | |
okr.identifier.externaldocumentum | 34459382 | |
okr.identifier.internaldocumentum | 34459382 | |
okr.identifier.report | 197517 | |
okr.import.id | 6880 | |
okr.imported | true | en |
okr.language.supported | en | |
okr.pdfurl | https://documents.worldbank.org/curated/en/099022425145522481/pdf/P501380-72e88ef2-bbb6-4323-9795-e716a6ecd57f.pdf | en |
okr.region.administrative | Africa Eastern and Southern (AFE) | |
okr.region.country | Madagascar | |
okr.topic | Macroeconomics and Economic Growth::Economic Growth | |
okr.topic | Macroeconomics and Economic Growth::Economic Modeling and Statistics | |
okr.topic | Industry::Accommodation & Tourism Industry | |
okr.topic | Information and Communication Technologies::Telecommunications Infrastructure | |
okr.topic | Private Sector Development::Private Sector Economics | |
okr.unit | EFI-AFR1-MTI-MacroFiscal-2 (EAEM2) |
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