GDP in Madagascar
Madagascar: GDP was 14.95 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
14.95 billion constant 2015 US$
Change on year
up 3.0%
World rank
139th
of 212 countries
All-time high
14.95 billion constant 2015 US$
in 2025
All-time low
4.15 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
GDP in Madagascar, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gdp in Madagascar stood at 14.95 billion constant 2015 US$. That is the highest value across all 66 years on record.
The figure is up 3.0% on the previous year and up 32.0% over ten years.
Over the whole period, gdp in Madagascar peaked at 14.95 billion constant 2015 US$ in 2025 and was at its lowest, 4.15 billion constant 2015 US$, in 1960.
That places Madagascar 139th out of 212 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
GDP in Madagascar, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 4.15 billion constant 2015 US$ | — |
| 1961 | 4.24 billion constant 2015 US$ | +2.0% |
| 1962 | 4.33 billion constant 2015 US$ | +2.3% |
| 1963 | 4.29 billion constant 2015 US$ | -0.9% |
| 1964 | 4.46 billion constant 2015 US$ | +4.0% |
| 1965 | 4.44 billion constant 2015 US$ | -0.5% |
| 1966 | 4.53 billion constant 2015 US$ | +2.1% |
| 1967 | 4.78 billion constant 2015 US$ | +5.5% |
| 1968 | 5.11 billion constant 2015 US$ | +6.8% |
| 1969 | 5.30 billion constant 2015 US$ | +3.7% |
| 1970 | 5.58 billion constant 2015 US$ | +5.3% |
| 1971 | 5.80 billion constant 2015 US$ | +3.9% |
| 1972 | 5.73 billion constant 2015 US$ | -1.3% |
| 1973 | 5.58 billion constant 2015 US$ | -2.6% |
| 1974 | 5.69 billion constant 2015 US$ | +2.0% |
| 1975 | 5.76 billion constant 2015 US$ | +1.3% |
| 1976 | 5.58 billion constant 2015 US$ | -3.1% |
| 1977 | 5.72 billion constant 2015 US$ | +2.4% |
| 1978 | 5.56 billion constant 2015 US$ | -2.7% |
| 1979 | 6.11 billion constant 2015 US$ | +9.9% |
| 1980 | 6.17 billion constant 2015 US$ | +1.0% |
| 1981 | 5.57 billion constant 2015 US$ | -9.8% |
| 1982 | 5.46 billion constant 2015 US$ | -1.9% |
| 1983 | 5.51 billion constant 2015 US$ | +0.9% |
| 1984 | 5.61 billion constant 2015 US$ | +1.8% |
| 1985 | 5.67 billion constant 2015 US$ | +1.2% |
| 1986 | 5.78 billion constant 2015 US$ | +2.0% |
| 1987 | 5.85 billion constant 2015 US$ | +1.2% |
| 1988 | 6.05 billion constant 2015 US$ | +3.4% |
| 1989 | 6.30 billion constant 2015 US$ | +4.1% |
| 1990 | 6.49 billion constant 2015 US$ | +3.1% |
| 1991 | 6.08 billion constant 2015 US$ | -6.3% |
| 1992 | 6.15 billion constant 2015 US$ | +1.2% |
| 1993 | 6.28 billion constant 2015 US$ | +2.1% |
| 1994 | 6.28 billion constant 2015 US$ | -0.0% |
| 1995 | 6.39 billion constant 2015 US$ | +1.7% |
| 1996 | 6.52 billion constant 2015 US$ | +2.2% |
| 1997 | 6.77 billion constant 2015 US$ | +3.7% |
| 1998 | 7.03 billion constant 2015 US$ | +3.9% |
| 1999 | 7.36 billion constant 2015 US$ | +4.7% |
| 2000 | 7.69 billion constant 2015 US$ | +4.5% |
| 2001 | 8.15 billion constant 2015 US$ | +6.0% |
| 2002 | 7.14 billion constant 2015 US$ | -12.4% |
| 2003 | 7.84 billion constant 2015 US$ | +9.8% |
| 2004 | 8.25 billion constant 2015 US$ | +5.3% |
| 2005 | 8.64 billion constant 2015 US$ | +4.8% |
| 2006 | 9.11 billion constant 2015 US$ | +5.4% |
| 2007 | 9.63 billion constant 2015 US$ | +5.7% |
| 2008 | 10.27 billion constant 2015 US$ | +6.7% |
| 2009 | 9.86 billion constant 2015 US$ | -4.0% |
| 2010 | 9.93 billion constant 2015 US$ | +0.6% |
| 2011 | 10.08 billion constant 2015 US$ | +1.6% |
| 2012 | 10.39 billion constant 2015 US$ | +3.0% |
| 2013 | 10.62 billion constant 2015 US$ | +2.3% |
| 2014 | 10.98 billion constant 2015 US$ | +3.3% |
| 2015 | 11.32 billion constant 2015 US$ | +3.1% |
| 2016 | 11.78 billion constant 2015 US$ | +4.0% |
| 2017 | 12.24 billion constant 2015 US$ | +3.9% |
| 2018 | 12.63 billion constant 2015 US$ | +3.2% |
| 2019 | 13.19 billion constant 2015 US$ | +4.4% |
| 2020 | 12.25 billion constant 2015 US$ | -7.1% |
| 2021 | 12.81 billion constant 2015 US$ | +4.6% |
| 2022 | 13.34 billion constant 2015 US$ | +4.1% |
| 2023 | 13.91 billion constant 2015 US$ | +4.2% |
| 2024 | 14.51 billion constant 2015 US$ | +4.3% |
| 2025 | 14.95 billion constant 2015 US$ | +3.0% |
Madagascar compared with similar countries
- Madagascar's 14.95 billion constant 2015 US$ is below the median for low income countries, which is 16.04 billion constant 2015 US$, 93% of the median. (24 countries reporting)
- Madagascar's 14.95 billion constant 2015 US$ is below the median for Sub-Saharan Africa, which is 16.42 billion constant 2015 US$, 91% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.56 billion constant 2015 US$ | 4.15 billion constant 2015 US$ | 5.30 billion constant 2015 US$ | 10 |
| 1970s | 5.71 billion constant 2015 US$ | 5.56 billion constant 2015 US$ | 6.11 billion constant 2015 US$ | 10 |
| 1980s | 5.80 billion constant 2015 US$ | 5.46 billion constant 2015 US$ | 6.30 billion constant 2015 US$ | 10 |
| 1990s | 6.54 billion constant 2015 US$ | 6.08 billion constant 2015 US$ | 7.36 billion constant 2015 US$ | 10 |
| 2000s | 8.66 billion constant 2015 US$ | 7.14 billion constant 2015 US$ | 10.27 billion constant 2015 US$ | 10 |
| 2010s | 11.31 billion constant 2015 US$ | 9.93 billion constant 2015 US$ | 13.19 billion constant 2015 US$ | 10 |
| 2020s | 13.63 billion constant 2015 US$ | 12.25 billion constant 2015 US$ | 14.95 billion constant 2015 US$ | 6 |
Countries ranked near Madagascar
- 136 Syria 16.10 billion constant 2015 US$ compare
- 137 Afghanistan 15.97 billion constant 2015 US$ compare
- 138 Mauritius 15.32 billion constant 2015 US$ compare
- 140 Brunei 13.77 billion constant 2015 US$ compare
- 141 Bahamas 13.63 billion constant 2015 US$ compare
- 142 Haiti 13.22 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 gdp in Madagascar?
- Gdp in Madagascar was 14.95 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Madagascar?
- The highest recorded value was 14.95 billion constant 2015 US$ in 2025.
- What is the lowest gdp recorded in Madagascar?
- The lowest recorded value was 4.15 billion constant 2015 US$ in 1960.
- How does Madagascar rank for gdp?
- Madagascar ranks 139th out of 212 countries with data for 2025.
- Is gdp rising or falling in Madagascar?
- Over the last ten years it is up 32.0%. 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 GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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.