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CompareEconomy.com Comparison of world economies

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Economy power of Luxembourg & Madagascar

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Luxembourg vs Madagascar

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Luxembourg Madagascar
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World Rank 24 6.18 World Rank 97 1.9
The Grand Duchy of Luxembourg is a nation situated in the centre of Western part of Europe. It is a landlocked country with such border partners as Belgium, Germany, and France. The capital of the state is Luxembourg city and it is considered to be one of the four official capitals of the European Union (three others are Brussels, Frankfurt, and Strasbourg).  More about Luxembourg 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)

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(United States of America (USA))

Luxembourg Madagascar
Position in the ranking of countries 69 (2023) 127 (2023)
GDP [US$] 85,755,006,123 15,790,113,246
Percentage of the other 543.1 % 18.4 %

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

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(United States of America (USA))

Luxembourg Madagascar
Position in the ranking of countries 85 (2023) 125 (2023)
GNI [US$] 55,813,004,025 15,444,839,759
Percentage of the other 361.4 % 27.7 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Luxembourg Madagascar
Position in the ranking of countries 19 (2023) 85 (2023)
External balance [US$] 26,447,309,455 -1,112,245,225
Percentage of the other -2377.8 % -4.2 %

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)

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(Eswatini)

Luxembourg Madagascar
Position in the ranking of countries 19 (2023) 85 (2023)
Unemployment [%] 5.94 3.01
Percentage of the other 197.3 % 50.7 %

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)

Luxembourg Madagascar
Position in the ranking of countries 160 (2023) 47 (2023)
Population 666,430 31,195,932
Percentage of the other 2.1 % 4681.1 %

Population growth (annual %)

Density

Gender

Demography