GDP in Madagascar
Madagascar: GDP was 24.80 trillion constant LCU in 2025. ▲ Rising
Latest (2025)
24.80 trillion constant LCU
Change on year
up 3.0%
World rank
32nd
of 215 countries
All-time high
24.80 trillion constant LCU
in 2025
All-time low
6.89 trillion constant LCU
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 LCU.
Analysis
In 2025, gdp in Madagascar stood at 24.80 trillion constant LCU. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 32.0% over ten years.
Over the whole period, gdp in Madagascar peaked at 24.80 trillion constant LCU in 2025 and was at its lowest, 6.89 trillion constant LCU, in 1960.
Madagascar ranks 32nd of 215 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 66 years of available data.
GDP in Madagascar, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 6.89 trillion constant LCU | — |
| 1961 | 7.03 trillion constant LCU | +2.0% |
| 1962 | 7.19 trillion constant LCU | +2.3% |
| 1963 | 7.12 trillion constant LCU | -0.9% |
| 1964 | 7.40 trillion constant LCU | +4.0% |
| 1965 | 7.37 trillion constant LCU | -0.5% |
| 1966 | 7.52 trillion constant LCU | +2.1% |
| 1967 | 7.94 trillion constant LCU | +5.5% |
| 1968 | 8.48 trillion constant LCU | +6.8% |
| 1969 | 8.80 trillion constant LCU | +3.7% |
| 1970 | 9.26 trillion constant LCU | +5.3% |
| 1971 | 9.63 trillion constant LCU | +3.9% |
| 1972 | 9.50 trillion constant LCU | -1.3% |
| 1973 | 9.25 trillion constant LCU | -2.6% |
| 1974 | 9.44 trillion constant LCU | +2.0% |
| 1975 | 9.56 trillion constant LCU | +1.3% |
| 1976 | 9.27 trillion constant LCU | -3.1% |
| 1977 | 9.48 trillion constant LCU | +2.4% |
| 1978 | 9.23 trillion constant LCU | -2.7% |
| 1979 | 10.14 trillion constant LCU | +9.9% |
| 1980 | 10.24 trillion constant LCU | +1.0% |
| 1981 | 9.23 trillion constant LCU | -9.8% |
| 1982 | 9.06 trillion constant LCU | -1.9% |
| 1983 | 9.14 trillion constant LCU | +0.9% |
| 1984 | 9.30 trillion constant LCU | +1.8% |
| 1985 | 9.41 trillion constant LCU | +1.2% |
| 1986 | 9.59 trillion constant LCU | +2.0% |
| 1987 | 9.71 trillion constant LCU | +1.2% |
| 1988 | 10.04 trillion constant LCU | +3.4% |
| 1989 | 10.45 trillion constant LCU | +4.1% |
| 1990 | 10.77 trillion constant LCU | +3.1% |
| 1991 | 10.09 trillion constant LCU | -6.3% |
| 1992 | 10.21 trillion constant LCU | +1.2% |
| 1993 | 10.43 trillion constant LCU | +2.1% |
| 1994 | 10.42 trillion constant LCU | -0.0% |
| 1995 | 10.60 trillion constant LCU | +1.7% |
| 1996 | 10.83 trillion constant LCU | +2.2% |
| 1997 | 11.23 trillion constant LCU | +3.7% |
| 1998 | 11.67 trillion constant LCU | +3.9% |
| 1999 | 12.21 trillion constant LCU | +4.7% |
| 2000 | 12.76 trillion constant LCU | +4.5% |
| 2001 | 13.52 trillion constant LCU | +6.0% |
| 2002 | 11.84 trillion constant LCU | -12.4% |
| 2003 | 13.00 trillion constant LCU | +9.8% |
| 2004 | 13.69 trillion constant LCU | +5.3% |
| 2005 | 14.34 trillion constant LCU | +4.8% |
| 2006 | 15.11 trillion constant LCU | +5.4% |
| 2007 | 15.97 trillion constant LCU | +5.7% |
| 2008 | 17.05 trillion constant LCU | +6.7% |
| 2009 | 16.37 trillion constant LCU | -4.0% |
| 2010 | 16.47 trillion constant LCU | +0.6% |
| 2011 | 16.73 trillion constant LCU | +1.6% |
| 2012 | 17.23 trillion constant LCU | +3.0% |
| 2013 | 17.63 trillion constant LCU | +2.3% |
| 2014 | 18.22 trillion constant LCU | +3.3% |
| 2015 | 18.79 trillion constant LCU | +3.1% |
| 2016 | 19.54 trillion constant LCU | +4.0% |
| 2017 | 20.31 trillion constant LCU | +3.9% |
| 2018 | 20.96 trillion constant LCU | +3.2% |
| 2019 | 21.88 trillion constant LCU | +4.4% |
| 2020 | 20.32 trillion constant LCU | -7.1% |
| 2021 | 21.26 trillion constant LCU | +4.7% |
| 2022 | 22.14 trillion constant LCU | +4.1% |
| 2023 | 23.08 trillion constant LCU | +4.2% |
| 2024 | 24.08 trillion constant LCU | +4.3% |
| 2025 | 24.80 trillion constant LCU | +3.0% |
Madagascar compared with similar countries
- Madagascar's 24.80 trillion constant LCU is above the median for low income countries, which is 1.80 trillion constant LCU, 13.8× the median. (24 countries reporting)
- Madagascar's 24.80 trillion constant LCU is above the median for Sub-Saharan Africa, which is 3.68 trillion constant LCU, 6.7× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.57 trillion constant LCU | 6.89 trillion constant LCU | 8.80 trillion constant LCU | 10 |
| 1970s | 9.48 trillion constant LCU | 9.23 trillion constant LCU | 10.14 trillion constant LCU | 10 |
| 1980s | 9.62 trillion constant LCU | 9.06 trillion constant LCU | 10.45 trillion constant LCU | 10 |
| 1990s | 10.85 trillion constant LCU | 10.09 trillion constant LCU | 12.21 trillion constant LCU | 10 |
| 2000s | 14.37 trillion constant LCU | 11.84 trillion constant LCU | 17.05 trillion constant LCU | 10 |
| 2010s | 18.78 trillion constant LCU | 16.47 trillion constant LCU | 21.88 trillion constant LCU | 10 |
| 2020s | 22.61 trillion constant LCU | 20.32 trillion constant LCU | 24.80 trillion constant LCU | 6 |
Countries ranked near Madagascar
- 29 Cameroon 26.49 trillion constant LCU compare
- 30 Mexico 25.51 trillion constant LCU compare
- 31 United States 25.15 trillion constant LCU compare
- 33 Philippines 23.23 trillion constant LCU compare
- 34 Rwanda 21.79 trillion constant LCU compare
- 35 Democratic Republic of Congo 18.51 trillion constant LCU 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 24.80 trillion constant LCU 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 24.80 trillion constant LCU in 2025.
- What is the lowest gdp recorded in Madagascar?
- The lowest recorded value was 6.89 trillion constant LCU in 1960.
- How does Madagascar rank for gdp?
- Madagascar ranks 32nd out of 215 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 LCU). 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 varies by country. This series is expressed in local currency units.