Direct economic loss attributed to disasters in Madagascar
Madagascar: Direct economic loss attributed to disasters was 343.19 million in 2018. ◆ Volatile
Direct economic loss attributed to disasters in Madagascar, 2005–2018
Source: Our World in Data.
Analysis
In 2018, direct economic loss attributed to disasters in Madagascar stood at 343.19 million.
Compared with earlier readings it is down 75.4% on the previous year and down 89.4% over ten years.
Over the whole period, direct economic loss attributed to disasters in Madagascar peaked at 3.23 billion in 2008 and was at its lowest, 4.06 million, in 2006.
That places Madagascar 34th out of 130 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Direct economic loss attributed to disasters in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 45.14 million | — |
| 2006 | 4.06 million | -91.0% |
| 2007 | 1.36 billion | +33481.2% |
| 2008 | 3.23 billion | +136.8% |
| 2009 | 29.86 million | -99.1% |
| 2010 | 630.81 million | +2012.4% |
| 2011 | 302.40 million | -52.1% |
| 2012 | 1.32 billion | +336.7% |
| 2013 | 382.02 million | -71.1% |
| 2014 | 17.49 million | -95.4% |
| 2015 | 186.22 million | +965.0% |
| 2016 | 46.12 million | -75.2% |
| 2017 | 1.39 billion | +2924.5% |
| 2018 | 343.19 million | -75.4% |
Madagascar compared with similar countries
- Madagascar's 343.19 million is above the median for low income countries, which is 103.48 million, 3.3× the median. (16 countries reporting)
- Madagascar's 343.19 million is above the median for Sub-Saharan Africa, which is 26.67 million, 12.9× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Direct economic loss attributed to disasters 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 |
|---|---|---|---|
| 2007 | +33481.2% | 4.06 million | 1.36 billion |
| 2017 | +2924.5% | 46.12 million | 1.39 billion |
| 2010 | +2012.4% | 29.86 million | 630.81 million |
| 2015 | +965.0% | 17.49 million | 186.22 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 934.54 million | 4.06 million | 3.23 billion | 5 |
| 2010s | 513.75 million | 17.49 million | 1.39 billion | 9 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Real gdp growth, annual growth rate 2.17 % change on previous year (2024)
- 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)
Frequently asked questions
- What is direct economic loss attributed to disasters in Madagascar?
- Direct economic loss attributed to disasters in Madagascar was 343.19 million in 2018, according to Our World in Data.
- What is the highest direct economic loss attributed to disasters recorded in Madagascar?
- The highest recorded value was 3.23 billion in 2008.
- What is the lowest direct economic loss attributed to disasters recorded in Madagascar?
- The lowest recorded value was 4.06 million in 2006.
- How does Madagascar rank for direct economic loss attributed to disasters?
- Madagascar ranks 34th out of 130 countries with data for 2018.
- Is direct economic loss attributed to disasters rising or falling in Madagascar?
- Over the last ten years it is down 89.4%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Our World in Data, published as part of Direct economic loss attributed to disasters. Statizoid updates them automatically from the source API.
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