Skip to content

Madagascar vs the Netherlands: Economic Indicators Comparison

The Netherlands with a GDP of $913.7B ranked the 17th largest economy in the world, while Madagascar ranked 130th with $13.9B. By GDP 5-years average growth and GDP per capita, the Netherlands and Madagascar ranked 121st vs 55th and 15th vs 190th, respectively.

Gross Domestic Product & Income

StatMadagascarNetherlands
GDP$13.9B$913.7B
GDP growth, 1 year5.2%2.5%
GDP growth, 5-years average4%2.2%
Population22.9M17.2M
GDP per capita$528$53k
GDP per capita growth1.81%2%
Purchasing Power Parity conversion factor929.90.8
Price level ratio of PPP conversion factor GDP to market exchange rate0.280.94
GDP per capita, PPP adjusted$1.6k$56k
GNI, Atlas method$13.3B$883.2B
GNI per capita$510$51k
GNI, PPP adjusted$48.2B$980.2B
GNI per capita, PPP adjusted$1.8k$57k

Financial system and Human development

StatMadagascarNetherlands
Income Tax Rate20%52%
Corporate Tax Rate20%25%
Inflation, consumer prices7.3%1.6%
Inflation, GDP deflator7.6%2.2%
Unemployment1.7%3.9%
Economic Freedom Index60.577
Personal Freedom Index7.299.23
Human Freedom Index6.698.49
Property Rights Index45.690
Judical Effectiveness Index39.673.9
Business Freedom Index47.380.4
Fiscal Health Index90.694.1
Labor Freedom Index44.660.2
Investment Freedom Index5590
Financial Freedom Index5080
Trade Freedom Index73.686.4
Monetary Freedom Index72.782.5
Government Spending Index91.545.2
Tax Burden Index90.751.7
Government Integrity Index2590.1
Corruption Perceptions Index2582
Life expectancy at birth, years66.381.6
Suicide mortality rate, per 100,000 people3.912.6
Mortality caused by road traffic injury, per 100,000 people28.63.8
Intentional homicides, per 100,000 people7.70.8
International tourism, number of arrivals291k18.8M

Government debt & reserves

StatMadagascarNetherlands
Central government debt, % of GDP39.7%54.4%
External debt stocks, % of GNI31.8%N/A
External debt stocks$3.7BN/A
Short-term debt, % of total reserves15.6%N/A
Total debt service, % of exports and primary income2.7%N/A
Adjusted net savings including particulate emission damage, % of GNI7.7%18.4%
Gross savings, % of GDP18.6%31.9%
Gross capital formation, % of GDP19.6%20.7%
Total reserves including gold$1.7B$38.4B
Foreign direct investment net inflows$612M-$239.3B

Exports, imports and economic structure

StatMadagascarNetherlands
Exports of goods and services, % of GDP28.7%84.3%
Imports of goods and services, % of GDP33.8%73.3%
Current account balance (balance of payments)$80.1M$99.1B
Revenue excluding grants, % of GDP11.4%39.1%
Grants excluding technical cooperation, BoP$373.7MN/A
Personal remittances received$425.5M$2.5B
Industry including construction value added, % of GDP23.1%17.9%
Agriculture, forestry and fishing value added, % of GDP23.8%1.6%
Charges for the use of intellectual property, payments BoP$17.1M$41.9B
Charges for the use of intellectual property, receipts BoP$4.5M$35B
Expense, % of GDP9.8%37.8%
Government Expenditure, % of GDP16.8%42.7%

Compare with countries close by GDP per capita

Madagascar vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
3.54M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
26.2M
Benin
$902
10M
Mali
$900
18.5M
Guinea
$879
11.6M
Haiti
$868
10.3M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.52M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
11M
Gambia
$716
1.86M
Burkina Faso
$715
19.2M
Togo
$679
6.34M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Afghanistan
$521
34.9M
Mozambique
$499
25.8M
Central African Republic
$476
4.99M
Niger
$414
17.1M
Malawi
$389
18.6M
Somalia
$315
11M

Netherlands vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k