Despite a wealth of abundant and diverse natural resources, Madagascar is one of the worlds poorest countries. Madagascar holds great potential for agricultural development, mainly due to the large variety of soil types and climatic diversity.
Are people in Madagascar rich?
Situated off the southeast coast of Africa, Madagascar is the fourth largest island in the world. But, despite a wealth of natural resources and a tourism industry driven by its unique environment, the country remains one of the worlds poorest, and is heavily dependent on foreign aid.
Is Madagascar a developed country?
55 years after its independence, Madagascar is among the least developed African countries with 91% of the population living with less than $2 a day and 77.1% of the population living in what is considered extreme poverty, with less than $1.25 per day.
Is Madagascar a safe place to live?
The overall crime rate in Madagascar is lower than many other African countries, and is therefore considered safer for travel. Regardless of this reputation, however, the fallout of the political turmoil has led to increased unemployment rates resulting in a rise in crime, particularly muggings and robberies.
Is Madagascar polluted?
In Madagascar, it is estimated that more than one in five deaths are caused by exposure to pollution. In a congested city like Antananarivo, the most obvious form of pollution is that created by the citys cars sitting idling in near-constant traffic jams.
How much money do you need to live comfortably in Madagascar?
Since the average cost of living in Madagascar is around $1,500 per month for a family of four, you should be sure you have at least $3,000 per month to ensure a comfortable lifestyle.