Located off the east coast of Africa and sitting on the Morondava geological province (containing failed rift, marginal sag, and passive margin rocks). Madagascar is the world’s fifth largest island; at 587,040 Km2 and is home to 24.89 million people World Bank 2016. The island is recognized for it’s rich biodiversity of unique flora and fauna and long coastline (4828.032 km) that is home to some of the world’s largest coral reef systems and most extensive mangrove areas in the Western Indian Ocean.
Madagascar annual economic output from the ocean in 2015 was valued at US$ 1.625 billion or 15% of GDP compared to a GDP of: 11 Billion US$ and is the sixth largest in the region. Download resource
Dependence on ocean wealth in Madagascar is relatively low, exceeded by exports and agriculture whereas industrial fisheries are the second most important ocean sector but the most important in real income terms.
Carbon sequestration is the single largest ocean sector/asset in Madagascar based on coastal mangroves – but is not yet translated into real income into the national economy.
Protection of ocean resources is relatively low, while social indicators suggest high levels of poverty and dependence on ecosystem services.
Population statistics of 2015/2016 indicates that Madagascar is currently home to more than 24 million inhabitants with more than a half of this population living within a 100 Km coastal strip buffer. With a population growth rate of 2.8 %, Madagascar national population in the future will be very high further magnifying the pressures on ocean resources.
Data sources: WIO Ocean Economy report (Obura et al. 2017), WWF/BCG/CORDIO; UNDP Development statistics, 2015; UNESA Population statistics 2015