What kind of income does Madagascar have?

According to the World Bank classification, Madagascar is a lower-middle income country. This means that it has a gross national income (GNI) per capita of between US$1,026 and US$4,035. The GNI per capita is a measure of the average income of all the people in a country, and it is used to determine a country's level of economic development.

Madagascar's economy is based on agriculture, with the majority of the population living in rural areas and dependent on farming. The main agricultural products are rice, cassava, maize, and bananas. The country also has a significant mining industry, with exports of nickel, cobalt, and chromite. Tourism is also an important sector of the economy.