Key Market Indicators
Malagasy ICT exports are set to reach $207 million by 2026, according to recent estimates. This compares to $164 million in 2021, representing an average growth of 3.8% year-on-year. Since 1996, Malagasy supply has grown at a rate of 17.4% year-on-year. In 2021, Malagasy ICT exports ranked 83rd globally, behind Honduras at $164 million. India, the United States and China respectively ranked second, third and fourth in this ranking.