Madagascar

Sub-Saharan AfricaLow incomeISO MDG

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New business density

0.12

per 1,000 adults · 2024

Global rank #172 · Sub-Saharan Africa #38/44

New business registrations

2,206

companies / year · 2024

Global rank #137 · Sub-Saharan Africa #30/44

New business density over time

Country context

Employers

3.9

% of employment · 2025

GDP per capita

$599

current US$ · 2025

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Sources

New business density: World Bank, IC.BUS.NDNS.ZS
New business registrations: World Bank, IC.BUS.NREG
Employers: World Bank, SL.EMP.MPYR.ZS
GDP per capita: World Bank, NY.GDP.PCAP.CD

All figures are the most recently reported year for Madagascar. Data licensed CC BY 4.0. Last refreshed 01 July 2026.