The economy of Madagascar is reliant on agriculture, including fishing and forestry, accounting for 34 percent of Gross Domestic Product (GDP) and contributing more than 70 percent to export earnings. Industry features textile manufacturing and the processing of agricultural products.
Antananarivo is the capital and largest city in Madagascar. Antananarivo is the political and economic capital of Madagascar. The city is guarded by two forts built on hills to the east. Including an Anglican and a Roman Catholic cathedral, there are more than 5,000 churches in the city and its suburbs.
Antananarivo has an overall cost of living index which equates it with middle cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups.
The latest cost of living rank for each of the 13 Basket Groups is now available.