Country profile

Madagascar

4 entries from 4 of our maps, in one place. Open a map to see Madagascar beside the rest of the world.

Professional Accountancy Organisations

Accountancy bodies (PAOs) and their IFAC membership, by country

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IFAC member

Ordre des Experts Comptables (OECFM)

IFAC member · Pan African Federation of Accountants (PAFA) · Founded 1997

Accountant & Auditor Salaries

Gross annual pay of accountants and external auditors, in US dollars (2026)

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Under $2,500

Accountant: $995 a year

  • Accountant: $995 a year (modelled estimate)
  • External auditor: $1,371 a year (modelled estimate)
  • Average for all jobs: $1,344 a year

Modelled values use global occupational multipliers; use as directional estimates.

Gross pay in nominal US dollars (2026), not adjusted for living costs.

Country Challenges

The main challenge for accounting and audit in each country, from public evidence (2026)

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Audit quality

Audit legal uncertainty

  • Evidence: Direct evidence — the selected source reports this issue directly
  • Scope: Public-sector audit

The Court of Auditors identifies legal uncertainties and jurisdictional procedures that complicate auditing and accountant accountability.

Source: Jurisdictional Control of the Court of Auditors in Madagascar: Challenges and Prospects - INTOSAI Journal (institutional report or research)

GDP per Capita

GDP per capita (current US$), 2025 — World Bank Open Data

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Low income · under $1,146

$599

GDP per capita (current US$), 2025 · Low income · under $1,146

Business opportunities

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Not on these maps yet: Accounting News, Audit Oversight Bodies, Sustainability Framework Adoption, Company Registry Portals, Annual Report Awards, Accounting History.

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