Madagascar
Republic of Madagascar
Madagascar is the world's largest island nation in Africa and possesses extraordinary biodiversity and natural resources. The economy is driven by agriculture (vanilla, cloves, rice), mining (nickel and cobalt at Ambatovy, ilmenite and zircon at QIT Madagascar Minerals), and a growing tourism sector.
Madagascar produces approximately 80% of the world's vanilla, making it a critical supplier to the global food industry. The mining sector attracts significant foreign investment, particularly the Ambatovy project (one of the world's largest laterite nickel mines).
Challenges include political instability (four changes of government between 2009-2019), poor infrastructure (particularly roads), deforestation, and widespread poverty. The EDBM (Economic Development Board of Madagascar) facilitates investment. The country's unique biodiversity makes eco-tourism a high-potential sector. Free zones (Zone Franche) offer tax incentives for export-oriented manufacturing.
Snapshot
World Bank Indicators Compare with another country
Climate Readiness Full ranking
How this is computed
Adaptive capacity to absorb climate finance and adapt, following the readiness dimension of the ND-GAIN framework, from measured indicators only. It is not a measure of emissions or physical climate vulnerability.
- Energy access (30%): World Bank, access to electricity (% of population). The single most climate and energy specific signal held: SDG 7 and the clean-energy transition.
- Governance readiness (20%): Transparency International, Corruption Perceptions Index (0-100). ND-GAIN governance readiness: the capacity to govern and deploy climate finance. Higher is cleaner.
- Human readiness (20%): UNDP, Human Development Index (0-1). ND-GAIN social readiness: the adaptive capacity of the population.
- Economic readiness (15%): World Bank, GDP per capita (current US$), latest measured year. ND-GAIN economic readiness: the capacity to finance adaptation. Scored relative to the covered set.
- Digital readiness (15%): World Bank, individuals using the Internet (% of population). Information systems for early warning and adaptation.
A country is scored only when at least 4 of the five indicators are held. Sub-scores are weighted and renormalised over the indicators that are present; nothing is estimated for one that is absent.
Country Facts
Focus Sectors
Regulations & Taxes
Business Directory (491)
View All3A Madagascar
BusinessConsortium JDMD - Mavila -Ajvad
BusinessONG Tany Ifandovana
BusinessRH Transport
BusinessAssociation Afamita
BusinessRandriamanga Aina Tsarafara
BusinessAssociation Idealy
BusinessAssociation Riantsoa
BusinessGO Pro SARLU
BusinessPEREGRINE
BusinessGroupement Stimco Brace
BusinessAssociation Andrisoa
BusinessContract Awards
View AllAchat des cartouches d’encre pour les imprimantes CANON de l'UCP/CERC2 PCMCI
Government of Madagascar (World Bank-financed, project P173711)
Travaux de remise en état de la RNP7 entre les PK 892+300 (Andranovory) et PK 920+00 (Entrée Toliara), région Atsimo Andrefana - Section 05
Government of Madagascar (World Bank-financed, project P173711)
FOURNITURE D'OUTILS DE MESURE
Government of Madagascar (World Bank-financed, project P506569)
Travaux d'urgence de remise en état des infrastructures routières sur la RNP6 section 1, entre Ambondromamy (PK15+900) et Ambalafaminty (PK 205+200)
Government of Madagascar (World Bank-financed, project P173711)