Adjusted savings: gross savings in Madagascar
Madagascar: Adjusted savings: gross savings was 8.9% in 2021. ◆ Volatile
Adjusted savings: gross savings in Madagascar, 1974–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2021, adjusted savings: gross savings in Madagascar stood at 8.9%.
Compared with earlier readings it is up 5.8% on the previous year and down 43.7% over ten years.
Over the whole period, adjusted savings: gross savings in Madagascar peaked at 42.6% in 1989 and was at its lowest, 1.2%, in 1979.
Madagascar ranks 161st of 178 countries on this measure, 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 | % of GNI | Change |
|---|---|---|
| 1974 | 5.5% | — |
| 1975 | 5.2% | -6.5% |
| 1976 | 7.6% | +47.5% |
| 1977 | 6.7% | -12.7% |
| 1978 | 4.9% | -26.1% |
| 1979 | 1.2% | -76.7% |
| 1980 | 38.0% | +3199.6% |
| 1981 | 30.0% | -21.0% |
| 1982 | 21.8% | -27.4% |
| 1983 | 22.5% | +3.0% |
| 1984 | 24.2% | +7.8% |
| 1985 | 15.8% | -34.5% |
| 1986 | 19.2% | +21.4% |
| 1987 | 23.8% | +23.6% |
| 1988 | 15.7% | -34.2% |
| 1989 | 42.6% | +172.3% |
| 1990 | 32.5% | -23.7% |
| 1991 | 27.2% | -16.5% |
| 1992 | 34.2% | +25.8% |
| 1993 | 34.8% | +1.9% |
| 1994 | 29.0% | -16.8% |
| 1995 | 4.7% | -83.8% |
| 1996 | 8.9% | +91.1% |
| 1997 | 7.1% | -20.9% |
| 1998 | 7.2% | +1.5% |
| 1999 | 8.3% | +15.6% |
| 2000 | 7.9% | -4.9% |
| 2001 | 14.4% | +82.7% |
| 2002 | 5.9% | -59.1% |
| 2003 | 10.4% | +75.6% |
| 2004 | 16.5% | +59.7% |
| 2005 | 10.6% | -35.8% |
| 2006 | 15.3% | +44.3% |
| 2007 | 19.2% | +25.2% |
| 2008 | 23.9% | +24.6% |
| 2009 | 17.9% | -25.3% |
| 2010 | 16.8% | -5.7% |
| 2011 | 15.8% | -6.2% |
| 2012 | 13.3% | -15.8% |
| 2013 | 8.6% | -35.4% |
| 2014 | 14.5% | +68.4% |
| 2015 | 12.9% | -10.7% |
| 2016 | 16.2% | +25.4% |
| 2017 | 15.1% | -6.7% |
| 2018 | 18.7% | +23.7% |
| 2019 | 16.7% | -10.7% |
| 2020 | 8.4% | -49.6% |
| 2021 | 8.9% | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.2% | 1.2% | 7.6% | 6 |
| 1980s | 25.4% | 15.7% | 42.6% | 10 |
| 1990s | 19.4% | 4.7% | 34.8% | 10 |
| 2000s | 14.2% | 5.9% | 23.9% | 10 |
| 2010s | 14.9% | 8.6% | 18.7% | 10 |
| 2020s | 8.7% | 8.4% | 8.9% | 2 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Gross capital formation (constant 2015 US$), annual growth rate 9.32 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.18 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 107.86 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 9.46 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.3291 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 197.21 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 9.56 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 1,491 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 893,298 current LCU per person (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate 4.02 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Madagascar?
- Adjusted savings: gross savings in Madagascar was 8.9% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Madagascar?
- The highest recorded value was 42.6% in 1989.
- What is the lowest adjusted savings: gross savings recorded in Madagascar?
- The lowest recorded value was 1.2% in 1979.
- How does Madagascar rank for adjusted savings: gross savings?
- Madagascar ranks 161st 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 43.7%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). 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. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.