Madagascar, the world’s fourth largest island and second-largest island country, ranks as the 46th largest country globally. In 2020, it recorded 87,100 international tourist arrivals, based on World Bank data collected in July 2024.
As of 2022, Madagascar’s nominal Gross Domestic Product (GDP) was $14,954,967,604 USD. The real GDP (constant, inflation-adjusted) was $12,238,318,932. In 2022, the GDP growth rate was 3.80%, showing an increase of $491,532,088 USD from 2021, when the real GDP was $12,947,986,306 USD.
Madagascar,renowned for its unparalleled biodiversity and rich cultural heritage, stands out as a unique travel destination.
The island’s recent infrastructure improvements, including the expansion of Ivato International Airport, highlight its commitment to enhancing the visitor experience.
With a diverse range of accommodations, from luxury resorts to boutique hotels, Madagascar offers something for every traveler. Its natural beauty, combined with a warm and welcoming hospitality, makes it an extraordinary and memorable destination.
Source : https://www.travelandtourworld.com/news/article/madagascar-is-surging-the-tourism-industry-with-new-visa-free-entry-policy-for-24-countries-including-malaysiasouth-africa-singapore/
