Infographic Summary
With 1 being the most business friendly and 185 being the least, Madagascar ranks 142 in its Ease of doing business index . The Cost of business start-up procedures in Madagascar is 10.8 as a % of GNI per capita. On average, according to the worldbank, 0.08 businesses are registered in Madagascar per year per 1000 people, placing Madagascar as the #150 highest in the world in terms of New business density (new registrations per 1,000 people ages 15-64). A total number of 944 businesses are registered in Madagascar per year, placing Madagascar as the #106 highest in the world in terms of New businesses registered (number). Starting up a business in Madagascar requires 2 procedures and takes 8 days to be completed.