Gross Domestic Product (GDP): Estimated at US$10.4 billion in 1993. Economic growth rate 1 percent in 1992.

Gross National Product (GNP) per Capita: US$210 in 1991 rated tenth poorest country in world by World Bank.

Agriculture: Constituted 33 percent of ÍÍÍÍGDP in 1993, provided almost 80 percent of exports, and in 1992 employed almost 80 percent of labor force l6 percent of cultivated land is irrigated. Major crops: coffee, vanilla, sugarcane, cloves, cocoa, rice, cassava, bananas, peanuts widespread cattle raising also extensive fishing.

Industry, Mining, and Energy: Responsible for 13 percent of GDP in 1993 major sectors food-processing, mining, and energy and in export processing zones clothing manufacturing. Country has many minerals but exploitation has been disappointing. Dependent on imported oil and local firewood for energy.

Exports: Estimated at US$311 million in 1992. Major exports coffee, vanilla, cloves, shellfish, and sugar. Main markets France, United States, Germany, and Japan.

Imports: Estimated at US$614 million in 1992. Major imports intermediate manufactures, capital goods, petroleum, consumer goods, food. Main suppliers France, Japan, and Germany.

Balance of Payments: External debt in November 1993 more than US$4 billion debt has been rescheduled with Paris Club (see Glossary) and London Club (see Glossary).

Currency and Exchange Rate: 1 Malagasy franc (FMG) = 100 centimes in May 1995, US$1 = FMG4,236.9.

Inflation Rate: Estimated at 20 percent in 1992.

Fiscal Year: Calendar year.

Data as of August 1994