Madagascar, the ninth poorest country in the world according to 2023 IMF data, is expected to rise to tenth place in 2024. According to IMF projections, Madagascar’s GDP per capita is expected to be about $1,979.173 in 2024. Located in the Indian Ocean off southern Africa, Madagascar is the fifth largest island in the world and boasts abundant natural resources and unparalleled biodiversity. Despite these advantages, Madagascar’s residents still suffer from high poverty rates, according to the World Bank. (AI image)