Madagascar
While there is growing interest and potential in Madagascar, its tourism sector is still underdeveloped. Compared to its neighbors, it enjoys fewer visitors. This sucks since the country is attractive thanks to the locals and its forests. The government is working on improving the industry, but this is proving to be difficult. The country also relies on agriculture, mining, and textile. With its population of 27.69 million, the country has a GDP of $12.73 billion. The GDP per capita is therefore $470.67. The people in charge want to develop a working capital market, but the corruption in the country is making things difficult.
Madagascar
Seychelles
Ever since it gained independence, this island nation in the Indian Ocean experienced a GDP increase. It is currently $1.65 billion, which is not as big as the others. However, we want you to know that it is better than it sounds since Seychelles only has 98,347 inhabitants! This means that its GDP per capita stands at a whopping $17,154. The economy of the country is focused on fishing and luxury tourism. In the late ‘90s and early ‘00s, the government decided to improve its fishing and agriculture sectors to stop its reliance on tourists and to diversify the economy. They clearly made the right by doing this.
Seychelles
