Markets Actual Q4 Q1 Q2 Q3 2023
Currency 4365.00 4392 4425 4458 4491 4559

Overview Actual Q4 Q1 Q2 Q3 2023
GDP Annual Growth Rate (%) 4.40 5 4.1 4.1 4.1 4.1
Unemployment Rate (%) 2.60 2.6 2.5 2.5 2.5 2.5
Inflation Rate (%) 10.42 8.7 7.5 7 6.5 6
Interest Rate (%) 9.50 10 10 10 10 10
Balance of Trade (million MGA) -396070.00 -710000 -570000 -570000 -570000 -740000
Current Account (MGA Million) -94.10 -170 -170 -170 -170 -170
Current Account to GDP (% of GDP) -5.50 -6 -4.8 -4.8 -4.8 -4.8
Government Debt to GDP (% of GDP) 44.80 43 43 43 43 43
Government Budget (% of GDP) -5.40 -7 -6.2 -6.2 -6.2 -6.2
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 20.00 20 20 20 20 20

GDP Actual Q4 Q1 Q2 Q3 2023
GDP Annual Growth Rate (%) 4.40 5 4.1 4.1 4.1 4.1
GDP (USD Billion) 14.64 14.5 14.5 14.5 14.5 15.3
GDP per Capita (USD) 449.68 475 475 475 475 475
GDP per Capita PPP (USD) 1488.65 1645 1645 1645 1645 1645

Labour Actual Q4 Q1 Q2 Q3 2023
Unemployment Rate (%) 2.60 2.6 2.5 2.5 2.5 2.5
Population (Million) 28.43 29.02 29.02 29.02 29.02 29.02

Prices Actual Q4 Q1 Q2 Q3 2023
Inflation Rate (%) 10.42 8.7 7.5 7 6.5 6
Food Inflation (%) 10.90 8.7 7.4 6.3 5.7 5.2
Inflation Rate MoM (%) 0.73 0.8 0.6 0.5 0.3 0.3
Consumer Price Index CPI (points) 153.70 153 154 157 162 162
CPI Transportation (points) 149.60 151 152 152 153 153

Money Actual Q4 Q1 Q2 Q3 2023
Interest Rate (%) 9.50 10 10 10 10 10
Deposit Interest Rate (%) 13.00 13.5 13.5 13.5 13.5 13.5

Trade Actual Q4 Q1 Q2 Q3 2023
Balance of Trade (million MGA) -396070.00 -710000 -570000 -570000 -570000 -740000
Current Account (MGA Million) -94.10 -170 -170 -170 -170 -170
Current Account to GDP (% of GDP) -5.50 -6 -4.8 -4.8 -4.8 -4.8
Exports (million MGA) 1352604.00 740000 710000 710000 710000 760000
Imports (million MGA) 1748674.00 1450000 1280000 1280000 1280000 1500000
Tourist Arrivals 4718.00 3000 1800 1800 1800 4000

Government Actual Q4 Q1 Q2 Q3 2023
Government Debt to GDP (% of GDP) 44.80 43 43 43 43 43
Government Budget (% of GDP) -5.40 -7 -6.2 -6.2 -6.2 -6.2
Military Expenditure (USD Million) 99.20 75 75 75 75 75

Taxes Actual Q4 Q1 Q2 Q3 2023
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 20.00 20 20 20 20 20
Sales Tax Rate (%) 20.00 20 20 20 20 20
Social Security Rate (%) 20.00 20 20 20 20 20
Social Security Rate For Companies (%) 18.00 18 18 18 18 18
Social Security Rate For Employees (%) 2.00 2 2 2 2 2

Business Actual Q4 Q1 Q2 Q3 2023
Car Registrations (Units) 1139.00 1230 1100 1100 1100 1300
Electricity Production (Gigawatt-hour) 159.20 160 164 164 164 165