Final consumption expenditure in Madagascar
Madagascar: Final consumption expenditure was 12.67 billion constant 2015 US$ in 2025. ▲ Rising
Final consumption expenditure in Madagascar, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Madagascar recorded 12.67 billion constant 2015 US$ for final consumption expenditure in 2025. That is the highest value across all 66 years on record.
The figure is up 2.1% on the previous year and up 26.5% over ten years.
Over the whole period, final consumption expenditure in Madagascar peaked at 12.67 billion constant 2015 US$ in 2025 and was at its lowest, 4.55 billion constant 2015 US$, in 1960.
That places Madagascar 129th out of 172 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Final consumption expenditure in Madagascar, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 4.55 billion constant 2015 US$ | — |
| 1961 | 4.57 billion constant 2015 US$ | +0.4% |
| 1962 | 4.74 billion constant 2015 US$ | +3.7% |
| 1963 | 4.84 billion constant 2015 US$ | +2.0% |
| 1964 | 4.95 billion constant 2015 US$ | +2.4% |
| 1965 | 4.92 billion constant 2015 US$ | -0.7% |
| 1966 | 5.01 billion constant 2015 US$ | +1.9% |
| 1967 | 5.05 billion constant 2015 US$ | +0.9% |
| 1968 | 5.46 billion constant 2015 US$ | +8.0% |
| 1969 | 5.66 billion constant 2015 US$ | +3.7% |
| 1970 | 6.01 billion constant 2015 US$ | +6.2% |
| 1971 | 6.38 billion constant 2015 US$ | +6.2% |
| 1972 | 6.23 billion constant 2015 US$ | -2.4% |
| 1973 | 6.04 billion constant 2015 US$ | -3.1% |
| 1974 | 5.85 billion constant 2015 US$ | -3.1% |
| 1975 | 5.87 billion constant 2015 US$ | +0.4% |
| 1976 | 5.61 billion constant 2015 US$ | -4.5% |
| 1977 | 5.84 billion constant 2015 US$ | +4.2% |
| 1978 | 5.75 billion constant 2015 US$ | -1.5% |
| 1979 | 6.45 billion constant 2015 US$ | +12.1% |
| 1980 | 6.75 billion constant 2015 US$ | +4.7% |
| 1981 | 5.96 billion constant 2015 US$ | -11.8% |
| 1982 | 5.88 billion constant 2015 US$ | -1.3% |
| 1983 | 5.77 billion constant 2015 US$ | -1.9% |
| 1984 | 5.78 billion constant 2015 US$ | +0.1% |
| 1985 | 5.99 billion constant 2015 US$ | +3.7% |
| 1986 | 5.90 billion constant 2015 US$ | -1.5% |
| 1987 | 5.76 billion constant 2015 US$ | -2.4% |
| 1988 | 5.75 billion constant 2015 US$ | -0.1% |
| 1989 | 5.48 billion constant 2015 US$ | -4.7% |
| 1990 | 6.17 billion constant 2015 US$ | +12.6% |
| 1991 | 5.75 billion constant 2015 US$ | -6.7% |
| 1992 | 5.77 billion constant 2015 US$ | +0.3% |
| 1993 | 5.95 billion constant 2015 US$ | +3.2% |
| 1994 | 5.90 billion constant 2015 US$ | -0.9% |
| 1995 | 5.98 billion constant 2015 US$ | +1.4% |
| 1996 | 6.04 billion constant 2015 US$ | +1.0% |
| 1997 | 6.42 billion constant 2015 US$ | +6.3% |
| 1998 | 6.71 billion constant 2015 US$ | +4.5% |
| 1999 | 6.90 billion constant 2015 US$ | +2.9% |
| 2000 | 7.16 billion constant 2015 US$ | +3.8% |
| 2001 | 7.45 billion constant 2015 US$ | +3.9% |
| 2002 | 7.29 billion constant 2015 US$ | -2.1% |
| 2003 | 8.22 billion constant 2015 US$ | +12.7% |
| 2004 | 8.39 billion constant 2015 US$ | +2.1% |
| 2005 | 8.55 billion constant 2015 US$ | +1.9% |
| 2006 | 8.50 billion constant 2015 US$ | -0.6% |
| 2007 | 8.61 billion constant 2015 US$ | +1.3% |
| 2008 | 8.71 billion constant 2015 US$ | +1.2% |
| 2009 | 8.67 billion constant 2015 US$ | -0.5% |
| 2010 | 8.93 billion constant 2015 US$ | +3.0% |
| 2011 | 9.13 billion constant 2015 US$ | +2.3% |
| 2012 | 9.37 billion constant 2015 US$ | +2.6% |
| 2013 | 9.94 billion constant 2015 US$ | +6.1% |
| 2014 | 9.76 billion constant 2015 US$ | -1.8% |
| 2015 | 10.01 billion constant 2015 US$ | +2.6% |
| 2016 | 10.33 billion constant 2015 US$ | +3.2% |
| 2017 | 10.63 billion constant 2015 US$ | +2.9% |
| 2018 | 10.37 billion constant 2015 US$ | -2.5% |
| 2019 | 10.65 billion constant 2015 US$ | +2.7% |
| 2020 | 11.11 billion constant 2015 US$ | +4.3% |
| 2021 | 11.36 billion constant 2015 US$ | +2.2% |
| 2022 | 11.61 billion constant 2015 US$ | +2.2% |
| 2023 | 12.02 billion constant 2015 US$ | +3.6% |
| 2024 | 12.40 billion constant 2015 US$ | +3.1% |
| 2025 | 12.67 billion constant 2015 US$ | +2.1% |
Madagascar compared with similar countries
- Madagascar's 12.67 billion constant 2015 US$ is below the median for low income countries, which is 13.26 billion constant 2015 US$, 96% of the median. (20 countries reporting)
- Madagascar's 12.67 billion constant 2015 US$ is below the median for Sub-Saharan Africa, which is 13.32 billion constant 2015 US$, 95% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.98 billion constant 2015 US$ | 4.55 billion constant 2015 US$ | 5.66 billion constant 2015 US$ | 10 |
| 1970s | 6.00 billion constant 2015 US$ | 5.61 billion constant 2015 US$ | 6.45 billion constant 2015 US$ | 10 |
| 1980s | 5.90 billion constant 2015 US$ | 5.48 billion constant 2015 US$ | 6.75 billion constant 2015 US$ | 10 |
| 1990s | 6.16 billion constant 2015 US$ | 5.75 billion constant 2015 US$ | 6.90 billion constant 2015 US$ | 10 |
| 2000s | 8.16 billion constant 2015 US$ | 7.16 billion constant 2015 US$ | 8.71 billion constant 2015 US$ | 10 |
| 2010s | 9.91 billion constant 2015 US$ | 8.93 billion constant 2015 US$ | 10.65 billion constant 2015 US$ | 10 |
| 2020s | 11.86 billion constant 2015 US$ | 11.11 billion constant 2015 US$ | 12.67 billion constant 2015 US$ | 6 |
Countries ranked near Madagascar
- 126 Malta 13.07 billion constant 2015 US$ compare
- 127 Laos 12.91 billion constant 2015 US$ compare
- 128 Palestine 12.86 billion constant 2015 US$ compare
- 130 Mauritius 11.86 billion constant 2015 US$ compare
- 131 Rwanda 11.26 billion constant 2015 US$ compare
- 132 North Macedonia 11.07 billion constant 2015 US$ compare
More economy & growth data for Madagascar
- Foreign direct investment, net outflows (BoP, current US$), gaps 134.39 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.2 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 606.21 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.69 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0345 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 18.96 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.8 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1583 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 87.11 includes gold, current US$ per person (2024)
Frequently asked questions
- What is final consumption expenditure in Madagascar?
- Final consumption expenditure in Madagascar was 12.67 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Madagascar?
- The highest recorded value was 12.67 billion constant 2015 US$ in 2025.
- What is the lowest final consumption expenditure recorded in Madagascar?
- The lowest recorded value was 4.55 billion constant 2015 US$ in 1960.
- How does Madagascar rank for final consumption expenditure?
- Madagascar ranks 129th out of 172 countries with data for 2025.
- Is final consumption expenditure rising or falling in Madagascar?
- Over the last ten years it is up 26.5%. The long-run trend across the full record is rising.
- 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 Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.