Compare the economies of the countries

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Economy power of Libya & Madagascar

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Libya vs Madagascar

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Libya Madagascar
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Officially known as the State of Libya, the nation is located in the northern part of Africa, in the Maghreb region. It borders Sudan, Chad, Algeria, Niger, Tunisia, and Egypt. This is the fourth largest country in Africa thanks to its enormous land coverage of 1.8 million square kilometers. It is also the 16th largest nation worldwide.  More about Libya The Republic of Madagascar was previously known as the Malagasy republic. It is the second-largest island country in the world with a total land coverage of around 592,800 square kilometers. The nation itself owns several smaller islands around it, but the island of Madagascar is its mainland and most populated region. More about Madagascar

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Libya Madagascar
Position in the ranking of countries
GDP [US$] 45,096,462,972 15,790,113,246
Percentage of the other

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Libya Madagascar
Position in the ranking of countries
GNI [US$] 45,309,062,967 15,444,839,759
Percentage of the other

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Libya Madagascar
Position in the ranking of countries
External balance [US$] 6,571,580,007 -1,112,245,225
Percentage of the other

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Libya Madagascar
Position in the ranking of countries
Unemployment [%] 18.61 3.01
Percentage of the other

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Libya Madagascar
Position in the ranking of countries
Population 7,305,659 31,195,932
Percentage of the other

Population growth (annual %)

Density

Gender

Demography