Adjusted savings: gross savings (current US$) in Madagascar
Madagascar: Adjusted savings: gross savings was 1.26 billion current US$ in 2021. ◆ Volatile
Latest (2021)
1.26 billion current US$
Change on year
up 18.3%
World rank
139th
of 178 countries
All-time high
2.54 billion current US$
in 2008
All-time low
39.78 million current US$
in 1979
Years of data
48
1974–2021
Adjusted savings: gross savings in Madagascar, 1974–2021
Source: World Bank national accounts data files. Measured in current US$.
Analysis
Madagascar recorded 1.26 billion current US$ for adjusted savings: gross savings in 2021.
Compared with earlier readings it is up 18.3% on the previous year and down 29.6% over ten years.
Over the whole period, adjusted savings: gross savings in Madagascar peaked at 2.54 billion current US$ in 2008 and was at its lowest, 39.78 million current US$, in 1979.
That places Madagascar 139th out of 178 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Madagascar, year by year
| Year | current US$ | Change |
|---|---|---|
| 1974 | 105.56 million current US$ | — |
| 1975 | 117.72 million current US$ | +11.5% |
| 1976 | 165.94 million current US$ | +41.0% |
| 1977 | 157.51 million current US$ | -5.1% |
| 1978 | 131.80 million current US$ | -16.3% |
| 1979 | 39.78 million current US$ | -69.8% |
| 1980 | 1.96 billion current US$ | +4831.4% |
| 1981 | 1.40 billion current US$ | -28.5% |
| 1982 | 1.02 billion current US$ | -27.1% |
| 1983 | 1.03 billion current US$ | +0.3% |
| 1984 | 910.36 million current US$ | -11.3% |
| 1985 | 582.28 million current US$ | -36.0% |
| 1986 | 806.60 million current US$ | +38.5% |
| 1987 | 722.21 million current US$ | -10.5% |
| 1988 | 471.09 million current US$ | -34.8% |
| 1989 | 1.27 billion current US$ | +170.2% |
| 1990 | 1.23 billion current US$ | -3.7% |
| 1991 | 840.09 million current US$ | -31.5% |
| 1992 | 1.22 billion current US$ | +45.1% |
| 1993 | 1.36 billion current US$ | +11.8% |
| 1994 | 975.35 million current US$ | -28.4% |
| 1995 | 171.87 million current US$ | -82.4% |
| 1996 | 426.61 million current US$ | +148.2% |
| 1997 | 292.38 million current US$ | -31.5% |
| 1998 | 307.27 million current US$ | +5.1% |
| 1999 | 346.23 million current US$ | +12.7% |
| 2000 | 357.50 million current US$ | +3.3% |
| 2001 | 769.55 million current US$ | +115.3% |
| 2002 | 309.77 million current US$ | -59.7% |
| 2003 | 648.71 million current US$ | +109.4% |
| 2004 | 825.50 million current US$ | +27.3% |
| 2005 | 609.07 million current US$ | -26.2% |
| 2006 | 957.16 million current US$ | +57.2% |
| 2007 | 1.62 billion current US$ | +69.1% |
| 2008 | 2.54 billion current US$ | +56.9% |
| 2009 | 1.69 billion current US$ | -33.4% |
| 2010 | 1.65 billion current US$ | -2.4% |
| 2011 | 1.79 billion current US$ | +8.5% |
| 2012 | 1.49 billion current US$ | -16.8% |
| 2013 | 1.03 billion current US$ | -30.8% |
| 2014 | 1.76 billion current US$ | +70.8% |
| 2015 | 1.41 billion current US$ | -20.1% |
| 2016 | 1.85 billion current US$ | +31.0% |
| 2017 | 1.93 billion current US$ | +4.6% |
| 2018 | 2.49 billion current US$ | +29.0% |
| 2019 | 2.27 billion current US$ | -8.6% |
| 2020 | 1.07 billion current US$ | -53.1% |
| 2021 | 1.26 billion current US$ | +18.3% |
Madagascar compared with similar countries
- Madagascar's 1.26 billion current US$ is below the median for low income countries, which is 1.75 billion current US$, 72% of the median. (18 countries reporting)
- Madagascar's 1.26 billion current US$ is below the median for Sub-Saharan Africa, which is 2.33 billion current US$, 54% of the median. (42 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: gross savings in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +4831.4% | 39.78 million current US$ | 1.96 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 119.72 million current US$ | 39.78 million current US$ | 165.94 million current US$ | 6 |
| 1980s | 1.02 billion current US$ | 471.09 million current US$ | 1.96 billion current US$ | 10 |
| 1990s | 716.67 million current US$ | 171.87 million current US$ | 1.36 billion current US$ | 10 |
| 2000s | 1.03 billion current US$ | 309.77 million current US$ | 2.54 billion current US$ | 10 |
| 2010s | 1.77 billion current US$ | 1.03 billion current US$ | 2.49 billion current US$ | 10 |
| 2020s | 1.16 billion current US$ | 1.07 billion current US$ | 1.26 billion current US$ | 2 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Madagascar?
- Adjusted savings: gross savings in Madagascar was 1.26 billion current US$ in 2021, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in Madagascar?
- The highest recorded value was 2.54 billion current US$ in 2008.
- What is the lowest adjusted savings: gross savings recorded in Madagascar?
- The lowest recorded value was 39.78 million current US$ in 1979.
- How does Madagascar rank for adjusted savings: gross savings?
- Madagascar ranks 139th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Madagascar?
- Over the last ten years it is down 29.6%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.