Madagascar

Economic Freedom Rating, 5-Yr Change - Madagascar Compared to Continent

Footnote

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Sierra Leone	15.98%
Rwanda	13.36%
Mauritius	12.31%
Nigeria	12.11%
Ethiopia	9.05%
Uganda	7.20%
Guinea-Bissau	4.55%
Togo	4.35%
Cape Verde	4.03%
Cameroon	2.40%
Zambia	2.01%
Kenya	1.74%
Malawi	1.07%
Gambia	0.55%
Benin	0.21%
Senegal	0.06%
Botswana	0.04%
Lesotho	-0.22%
Cote d'Ivoire	-0.39%
Madagascar	-0.71%
Tanzania	-0.82%
Eq. Guinea	-1.10%
Swaziland	-1.34%
Ghana	-2.68%
Niger	-2.75%
Guinea	-3.42%
Mozambique	-3.55%
Congo(Brazza)	-5.21%
Mali	-5.32%
Burkina Faso	-5.52%
South Africa	-5.78%
Djibouti	-6.03%
Mauritania	-6.68%
Gabon	-8.68%
Chad	-9.26%
Namibia	-9.28%
Zimbabwe	-18.82%
CAR	-19.59%

Madagascar: Economic freedom index, 5-year change

Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a country’s score on the Heritage Foundation’s freedom index are calculated by the Global Property Guide to produce a 5-point rating:

• Greatly Improved
• Improved
• Nuetral
• Worse
• Much Worse

Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal

Madagascar does not publish house price statistics. General economics statistics are available from the Banque Centrale de Madagascar and the Instut National de la Statistique Malgache. Both sources are in French.