Annual Purchasing Power Parities and exchange rates — Purchasing in Madagascar
Madagascar: Annual Purchasing Power Parities and exchange rates — Purchasing was 1,309 National currency per US dollar in 2024. ◆ Volatile
Annual Purchasing Power Parities and exchange rates — Purchasing in Madagascar, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency per US dollar.
Analysis
In 2024, annual purchasing power parities and exchange rates — purchasing in Madagascar stood at 1,309 National currency per US dollar. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 5.1% on the previous year and up 60.7% over ten years.
Over the whole period, annual purchasing power parities and exchange rates — purchasing in Madagascar peaked at 1,309 National currency per US dollar in 2024 and was at its lowest, 83.59 National currency per US dollar, in 1990.
The series is highly variable year to year, so single readings are best treated with caution.
Annual Purchasing Power Parities and exchange rates — Purchasing in Madagascar, year by year
| Year | National currency per US dollar | Change |
|---|---|---|
| 1990 | 83.59 National currency per US dollar | — |
| 1991 | 87.76 National currency per US dollar | +5.0% |
| 1992 | 98.3 National currency per US dollar | +12.0% |
| 1993 | 105.62 National currency per US dollar | +7.4% |
| 1994 | 143.73 National currency per US dollar | +36.1% |
| 1995 | 209.81 National currency per US dollar | +46.0% |
| 1996 | 246.76 National currency per US dollar | +17.6% |
| 1997 | 253.47 National currency per US dollar | +2.7% |
| 1998 | 266.22 National currency per US dollar | +5.0% |
| 1999 | 281.38 National currency per US dollar | +5.7% |
| 2000 | 306.98 National currency per US dollar | +9.1% |
| 2001 | 323.99 National currency per US dollar | +5.5% |
| 2002 | 371.67 National currency per US dollar | +14.7% |
| 2003 | 358.26 National currency per US dollar | -3.6% |
| 2004 | 397.57 National currency per US dollar | +11.0% |
| 2005 | 456.27 National currency per US dollar | +14.8% |
| 2006 | 490.27 National currency per US dollar | +7.5% |
| 2007 | 526.45 National currency per US dollar | +7.4% |
| 2008 | 555.16 National currency per US dollar | +5.5% |
| 2009 | 589.99 National currency per US dollar | +6.3% |
| 2010 | 642.47 National currency per US dollar | +8.9% |
| 2011 | 694.86 National currency per US dollar | +8.2% |
| 2012 | 740.11 National currency per US dollar | +6.5% |
| 2013 | 771.84 National currency per US dollar | +4.3% |
| 2014 | 814.72 National currency per US dollar | +5.6% |
| 2015 | 872.87 National currency per US dollar | +7.1% |
| 2016 | 923.5 National currency per US dollar | +5.8% |
| 2017 | 990.84 National currency per US dollar | +7.3% |
| 2018 | 1,079 National currency per US dollar | +8.9% |
| 2019 | 1,122 National currency per US dollar | +3.9% |
| 2020 | 1,146 National currency per US dollar | +2.1% |
| 2021 | 1,174 National currency per US dollar | +2.5% |
| 2022 | 1,201 National currency per US dollar | +2.3% |
| 2023 | 1,246 National currency per US dollar | +3.7% |
| 2024 | 1,309 National currency per US dollar | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 177.66 National currency per US dollar | 83.59 National currency per US dollar | 281.38 National currency per US dollar | 10 |
| 2000s | 437.66 National currency per US dollar | 306.98 National currency per US dollar | 589.99 National currency per US dollar | 10 |
| 2010s | 865.2 National currency per US dollar | 642.47 National currency per US dollar | 1,122 National currency per US dollar | 10 |
| 2020s | 1,215 National currency per US dollar | 1,146 National currency per US dollar | 1,309 National currency per US dollar | 5 |
Countries ranked near Madagascar
- 1 Indonesia 4,726 National currency per US dollar compare
- 1 Türkiye 16.2 National currency per US dollar compare
- 2 Colombia 1,533 National currency per US dollar compare
- 2 Poland 1.97 National currency per US dollar compare
- 3 Argentina 567.92 National currency per US dollar compare
- 3 Cabo Verde 47.27 National currency per US dollar compare
- 4 Netherlands 0.7468 National currency per US dollar compare
- 4 Chile 453.19 National currency per US dollar compare
More economy & growth data for Madagascar
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.19 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 16.84 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0166 Index (2024)
- Index of digital trade integration and openness 0.0579 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.029 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0122 Index (2024)
- Balanced trade in services 0.6325 US dollars, exchange rate converted (2024)
Frequently asked questions
- What is annual purchasing power parities and exchange rates — purchasing in Madagascar?
- Annual purchasing power parities and exchange rates — purchasing in Madagascar was 1,309 National currency per US dollar in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual purchasing power parities and exchange rates — purchasing recorded in Madagascar?
- The highest recorded value was 1,309 National currency per US dollar in 2024.
- What is the lowest annual purchasing power parities and exchange rates — purchasing recorded in Madagascar?
- The lowest recorded value was 83.59 National currency per US dollar in 1990.
- How does Madagascar rank for annual purchasing power parities and exchange rates — purchasing?
- Madagascar ranks 1st out of 5 countries with data for 2024.
- Is annual purchasing power parities and exchange rates — purchasing rising or falling in Madagascar?
- Over the last ten years it is up 60.7%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for GDP. Statizoid updates them automatically from the source API.
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About this data
This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. These indicators were presented in the previous dissemination system in the SNA_TABLE4 dataset. For further information on (PPPs) please check the following link: Purchasing Power Parities and more precisely FAQ 2: Purchasing power parities OECD statistics contact: STAT.Contact@oecd.org