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s: 57.7% (2003 est.) Investment (gross fixed): 14.8% of GDP (2003) Population below poverty line: 71% (1999 est.) Household income or consumption by percentage share: lowest 10%: 3% highest 10%: 29% (1999) Distribution of family income - Gini index: 38.1 (1999) Inflation rate (consumer prices): 8% (2003 est.) Labor force: 7.3 million (2000) Unemployment rate: 5.9% (1998) Budget: revenues: $739.6 million expenditures: $1.071 billion, including capital expenditures of $331 million (2003) Agriculture - products: coffee, vanilla, sugarcane, cloves, cocoa, rice, cassava (tapioca), beans, bananas, peanuts; livestock products Industries: meat processing, soap, breweries, tanneries, sugar, textiles, glassware, cement, automobile assembly plant, paper, petroleum, tourism Industrial production growth rate: 3% (2000 est.) Electricity - production: 830.2 million kWh (2001) Electricity - consumption: 772.1 million kWh (2001) Electricity - exports: 0 kWh (2001) Electricity - imports: 0 kWh (2001) Oil - production: 0 bbl/day (2001 est.) Oil - consumption: 13,000 bbl/day (2001 est.) Oil - exports: NA (2001) Oil - imports: NA (2001) Oil - proved reserves: 0 bbl (1 January 2002) Natural gas - proved reserves: 0 cu m (1 January 2002) Current account balance: $-398 million (2003) Exports: $700 million f.o.b. (2003 est.) Exports - commodities: coffee, vanilla, shellfish, sugar; cotton cloth, chromite, petroleum products Exports - partners: France 37.4%, US 29.2%, Germany 5.5%, Mauritius 5.2% (2003) Imports: $920 million f.o.b. (2003 est.) Imports - commodities: capital goods, petroleum, consumer goods, food Imports - partners: China 14.2%, France 13.2%, South Africa 6.4%, Iran 6.2% (2003) Reserves of foreign exchange & gold: $423 million (2003) Debt - external: $4.6 billion (2002) Economic aid - recipient: $354 million (2001) Currency: Malagasy franc (MGF) Currency code: MGF Exchange rates: Malagasy francs per US dollar - 6,210 (2003), 6,831.96 (2002), 6,588.49 (2001), 6,767.48 (2000), 6,283.77 (1999) Fiscal year: calendar year Communications Madagascar Telephones - main lines in use: 59,600 (2003) Telephones - mobile cellular: 279,500 (2003) Telephone system: general assessment: system is above average for the region dom
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