The Central African Republic vs Madagascar: Economic Indicators Comparison

Madagascar with a GDP of $13.9B ranked the 130th largest economy in the world, while the Central African Republic ranked 173rd with $2.2B. By GDP 5-years average growth and GDP per capita, Madagascar and the Central African Republic ranked 55th vs 59th and 190th vs 193rd, respectively.

Gross Domestic Product & Income

StatCentral African RepublicMadagascar
GDP$2.2B$13.9B
GDP growth, 1 year4.3%5.2%
GDP growth, 5-years average3.8%4%
Population4.7M25.6M
GDP per capita$476$528
GDP per capita growth2.22%1.81%
Purchasing Power Parity conversion factor307.43929.9
Price level ratio of PPP conversion factor GDP to market exchange rate0.550.28
GDP per capita, PPP adjusted$712$1.6k
GNI, Atlas method$2.3B$13.3B
GNI per capita$490$510
GNI, PPP adjusted$4.3B$48.2B
GNI per capita, PPP adjusted$920$1.8k

Financial system and Human development

StatCentral African RepublicMadagascar
Income Tax Rate50%20%
Corporate Tax Rate30%20%
Inflation, consumer prices3%7.3%
Inflation, GDP deflator-1.2%7.6%
Unemployment6.5%1.7%
Economic Freedom Index50.760.5
Personal Freedom Index67.29
Human Freedom Index5.586.69
Property Rights Index38.145.6
Judical Effectiveness Index31.739.6
Business Freedom Index24.347.3
Fiscal Health Index95.390.6
Labor Freedom Index40.444.6
Investment Freedom Index4555
Financial Freedom Index3050
Trade Freedom Index47.273.6
Monetary Freedom Index73.372.7
Government Spending Index93.591.5
Tax Burden Index65.590.7
Government Integrity Index24.325
Corruption Perceptions Index2625
Life expectancy at birth, years52.266.3
Suicide mortality rate, per 100,000 people7.73.9
Mortality caused by road traffic injury, per 100,000 people33.628.6
Intentional homicides, per 100,000 people19.87.7
International tourism, number of arrivals107k291k

Government debt & reserves

StatCentral African RepublicMadagascar
Central government debt, % of GDP48.5%39.7%
External debt stocks, % of GNI32.7%31.8%
External debt stocks$778.9M$3.7B
Short-term debt, % of total reserves25%15.6%
Total debt service, % of exports and primary income12.9%2.7%
Adjusted net savings including particulate emission damage, % of GNI8.5%7.7%
Gross savings, % of GDP15.1%18.6%
Gross capital formation, % of GDP25.9%19.6%
Total reserves including gold$361.8M$1.7B
Foreign direct investment net inflows$18M$612M

Exports, imports and economic structure

StatCentral African RepublicMadagascar
Exports of goods and services, % of GDP18.9%28.7%
Imports of goods and services, % of GDP47%33.8%
Current account balance (balance of payments)-$24.7M$80.1M
Revenue excluding grants, % of GDP7.5%11.4%
Grants excluding technical cooperation, BoP$486.6M$373.7M
Personal remittances received$159k$425.5M
Industry including construction value added, % of GDP20.6%23.1%
Agriculture, forestry and fishing value added, % of GDP31.2%23.8%
Charges for the use of intellectual property, payments BoPN/A$17.1M
Charges for the use of intellectual property, receipts BoPN/A$4.5M
Expense, % of GDP7.9%9.8%
Government Expenditure, % of GDP14.7%16.8%

Compare with countries close by GDP per capita

Central African Republic vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M
Burundi
$272
10.9M

Madagascar vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M
Burundi
$272
10.9M