Country comparison Luxembourg vs Madagascar

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Gouvernement
GDP Growth (%) [+]20240.4%chart4.2%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q332,739K
Annual GDP [+]2024€86,180Mchart€16,095M2024Annual GDP [+]
Annual GDP [+]2024$93,280Mchart$17,421M2024Annual GDP [+]
GDP per capita [+]2024€127,030chart€5162024GDP per capita [+]
GDP per capita [+]2024$138,757chart$5582024GDP per capita [+]
Quarterly GDP [+]2025Q3€22,327M
Debt (M.€.) [+]202422,649chart8,1032024Debt (M.€.) [+]
Debt ($M) [+]202424,514chart8,7682024Debt ($M) [+]
Debt (%GDP) [+]202426.30%chart50.33%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€33,211chart€2602024Debt Per Capita [+]
Debt Per Capita [+]2024$35,946chart$2812024Debt Per Capita [+]
Deficit (M.€) [+]2024766chart-3992024Deficit (M.€) [+]
Deficit ($M) [+]2024961chart-4322024Deficit ($M) [+]
Deficit (%GDP) [+]20240.90%chart-2.48%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202440,368.7chart2,610.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202443,704.4chart2,824.32024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20222,843.7chart450.62023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20223,025.6chart487.22023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20228.45%chart14.07%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20244,351,675,000.0chart145.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20244,772.5chart156.82023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202410.92%chart5.51%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023615.1chart98.02023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023665.1chart106.02023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20231.62%chart3.45%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202446.80%chart16.21%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€59,194chart€842024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$64,085chart$912024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€4,340chart€142023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$4,643chart$162023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,475chart€52023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$7,101chart$52023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€921chart€32023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$1,007chart$32023Defence Expenditure P.C. [+]
Moody's Rating [+]02/07/2025Aaa
S&P Rating [+]04/28/1994AAA
Fitch Rating [+]03/06/2020AAA
Corruption Index [+]202378chart252023Corruption Index [+]
Competitiveness Ranking [+]201918ºchart132º2019Competitiveness Ranking [+]
Fragile States Index [+]202418.7chart79.82024Fragile States Index [+]
RTI Raking [+]2024117º
Innovation Ranking [+]202420ºchart110º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]October 20256.6%
Unemployment rate [+]2025Q36.2%
Unemployed [+]2025Q322K
NMW [+]2025$3,066.1chart$41.72023NMW [+]
NMW [+]2025€2,704.0
Average Wage [+]2024$80,416
Average Wage [+]2024€74,296
Human Capital Ranking [+]201730ºchart110º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]12/16/20250.8492
Stock ExchangeYTD % [+]12/15/202532.98%
Prices
CPI (overall index) [+]November 20253.0%
HICP [+]November 20253.6%
PPI Year on Year [+]October 2025-5.6%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202072ºchart161º2020Doing Business [+]
IPI Year on Year [+]October 20252.3%
Passengers vehicles Year [+]December 202489,727chart1,043December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202271.86chart0.07December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021775.27chart28.082015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202442.7%chart11.5%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201517.00%
Top tax rate + SSC [+]202247.2%
Trade
Annual arrivals [+]20221,013,000chart7,8002021Annual arrivals [+]
Exports [+]2024€14,967.0Mchart€2,971.4M2023Exports [+]
Exports [+]2024$16,272.8Mchart$3,213.0M2023Exports [+]
Exports % GDP [+]202417.45%chart20.10%2023Exports % GDP [+]
Imports [+]2024€24,087.7Mchart€4,392.8M2023Imports [+]
Imports [+]2024$26,123.8Mchart$4,749.9M2023Imports [+]
Imports % GDP [+]202428.01%chart29.71%2023Imports % GDP [+]
Trade balance [+]2024€-9,120.8Mchart€-1,421.4M2023Trade balance [+]
Trade balance [+]2024$-9,851.0Mchart$-1,536.9M2023Trade balance [+]
Trade balance % GDP [+]2024-10.56%chart-9.61%2023Trade balance % GDP [+]
Retail Sales YoY [+]October 2025-0.3%
Socio-Demography
Global AgeWatch Ranking [+]201519º
Density [+]2024263chart532023Density [+]
Global Peace Ranking [+]2023-1ºchart44º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.00‰
Remittance received ($M) [+]20171,746.1chart261.82017Remittance received ($M) [+]
% Immigrant [+]202046.96%chart0.12%2020% Immigrant [+]
% Emigrant [+]202012.88%chart0.67%2020% Emigrant [+]
Birth Rate [+]20249.50‰chart32.10‰2023Birth Rate [+]
Remittance sent ($M) [+]20171,321.5chart182.92017Remittance sent ($M) [+]
Crude death rate [+]20246.60‰chart7.53‰2023Crude death rate [+]
Fertility Rate [+]20231.25chart3.972023Fertility Rate [+]
Crude marriage rate [+]20233.80‰
% risk of poverty [+]202418.1%chart75.2%2021% risk of poverty [+]
Population [+]2024681,973chart31,195,9322023Population [+]
Immigrant stock [+]2020298,062chart35,5632020Immigrant stock [+]
Emigrant stock [+]202081,757chart193,5262020Emigrant stock [+]
HDI [+]20220.927chart0.4872022HDI [+]
Gender Gap Ranking [+]202446ºchart66º2024Gender Gap Ranking [+]
Life expectancy [+]202483.50chart63.632023Life expectancy [+]
Suicides [+]202348chart1,1262015Suicides [+]
Suicide rate [+]20237.00chart4.792015Suicide rate [+]
Number of homicides [+]202210
Rate Homicides per 100.000 [+]20221.53
Energy and Environment
CO2 Tons per capita [+]202311.18chart0.142023CO2 Tons per capita [+]
Consumption GWh [+]20235,862chart2,5062023Consumption GWh [+]
Generation GWh [+]2023801chart2,6452023Generation GWh [+]
Others
COVID-19 - Deaths [+]11/23/20251,000chart1,42811/23/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]11/23/2025400,530chart68,71311/23/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]06/11/2023462,702chart2,628,84907/30/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]11/23/20251,466.33chart45.7811/23/2025COVID-19 - Deaths per million population [+]
Doses administered [+]03/25/20231,374,547chart3,092,06307/30/2023Doses administered [+]
Luxembourg
Madagascar