Annual growth rate of real GDP per capita in Madagascar
Madagascar: Annual growth rate of real GDP per capita was 1.7% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Madagascar, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth rate of real gdp per capita in Madagascar stood at 1.7%.
The figure is up 183.3% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Madagascar peaked at 6.6% in 2003 and was at its lowest, -15.2%, in 2002.
That places Madagascar 128th out of 226 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.5% | — |
| 2001 | 2.8% | +86.7% |
| 2002 | -15.2% | -642.9% |
| 2003 | 6.6% | -143.4% |
| 2004 | 2.2% | -66.7% |
| 2005 | 1.6% | -27.3% |
| 2006 | 2.0% | +25.0% |
| 2007 | 3.2% | +60.0% |
| 2008 | 3.6% | +12.5% |
| 2009 | -6.8% | -288.9% |
| 2010 | -2.3% | -66.2% |
| 2011 | -1.3% | -43.5% |
| 2012 | 0.2% | -115.4% |
| 2013 | -0.4% | -300.0% |
| 2014 | 0.6% | -250.0% |
| 2015 | 0.4% | -33.3% |
| 2016 | 1.3% | +225.0% |
| 2017 | 1.3% | +0.0% |
| 2018 | 0.5% | -61.5% |
| 2019 | 1.7% | +240.0% |
| 2020 | -9.5% | -658.8% |
| 2021 | 2.1% | -122.1% |
| 2022 | 1.6% | -23.8% |
| 2023 | 1.7% | +6.2% |
| 2024 | 1.7% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2% | -15.2% | 6.6% | 10 |
| 2010s | 0.2% | -2.3% | 1.7% | 10 |
| 2020s | -0.5% | -9.5% | 2.1% | 5 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Households and NPISHs Final consumption expenditure (current LCU) 14.16 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 3,298 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 1.98 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.97 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5615 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 336.51 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 13.42 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8743 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 523.91 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 13.53 % change on previous year (2025)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Madagascar?
- Annual growth rate of real gdp per capita in Madagascar was 1.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Madagascar?
- The highest recorded value was 6.6% in 2003.
- What is the lowest annual growth rate of real gdp per capita recorded in Madagascar?
- The lowest recorded value was -15.2% in 2002.
- How does Madagascar rank for annual growth rate of real gdp per capita?
- Madagascar ranks 128th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Madagascar?
- Over the last ten years it is up 183.3%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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