GDP in Madagascar
Madagascar: GDP was 88.88 trillion current LCU in 2025. ◆ Volatile
GDP in Madagascar, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gdp in Madagascar stood at 88.88 trillion current LCU. That is the highest value across all 66 years on record.
That represents a change of up 11.6% on the previous year and up 167.6% over ten years.
Over the whole period, gdp in Madagascar peaked at 88.88 trillion current LCU in 2025 and was at its lowest, 33.23 billion current LCU, in 1960.
That places Madagascar 31st out of 214 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 33.23 billion current LCU | — |
| 1961 | 34.52 billion current LCU | +3.9% |
| 1962 | 36.50 billion current LCU | +5.7% |
| 1963 | 37.49 billion current LCU | +2.7% |
| 1964 | 39.62 billion current LCU | +5.7% |
| 1965 | 41.15 billion current LCU | +3.9% |
| 1966 | 44.45 billion current LCU | +8.0% |
| 1967 | 47.22 billion current LCU | +6.2% |
| 1968 | 50.93 billion current LCU | +7.9% |
| 1969 | 54.87 billion current LCU | +7.7% |
| 1970 | 61.75 billion current LCU | +12.5% |
| 1971 | 66.48 billion current LCU | +7.7% |
| 1972 | 67.62 billion current LCU | +1.7% |
| 1973 | 73.69 billion current LCU | +9.0% |
| 1974 | 92.31 billion current LCU | +25.3% |
| 1975 | 97.86 billion current LCU | +6.0% |
| 1976 | 104.27 billion current LCU | +6.6% |
| 1977 | 115.91 billion current LCU | +11.2% |
| 1978 | 120.49 billion current LCU | +4.0% |
| 1979 | 147.35 billion current LCU | +22.3% |
| 1980 | 219.81 billion current LCU | +49.2% |
| 1981 | 258.65 billion current LCU | +17.7% |
| 1982 | 334.70 billion current LCU | +29.4% |
| 1983 | 403.46 billion current LCU | +20.5% |
| 1984 | 450.47 billion current LCU | +11.7% |
| 1985 | 503.82 billion current LCU | +11.8% |
| 1986 | 588.14 billion current LCU | +16.7% |
| 1987 | 687.05 billion current LCU | +16.8% |
| 1988 | 897.58 billion current LCU | +30.6% |
| 1989 | 1.02 trillion current LCU | +13.5% |
| 1990 | 1.17 trillion current LCU | +15.4% |
| 1991 | 1.19 trillion current LCU | +1.7% |
| 1992 | 1.38 trillion current LCU | +15.9% |
| 1993 | 1.56 trillion current LCU | +12.3% |
| 1994 | 2.16 trillion current LCU | +38.9% |
| 1995 | 3.27 trillion current LCU | +51.5% |
| 1996 | 4.01 trillion current LCU | +22.3% |
| 1997 | 4.34 trillion current LCU | +8.4% |
| 1998 | 4.79 trillion current LCU | +10.4% |
| 1999 | 5.38 trillion current LCU | +12.2% |
| 2000 | 6.27 trillion current LCU | +16.5% |
| 2001 | 7.17 trillion current LCU | +14.4% |
| 2002 | 7.31 trillion current LCU | +2.0% |
| 2003 | 7.89 trillion current LCU | +7.9% |
| 2004 | 9.47 trillion current LCU | +19.9% |
| 2005 | 11.74 trillion current LCU | +24.0% |
| 2006 | 13.70 trillion current LCU | +16.7% |
| 2007 | 15.97 trillion current LCU | +16.6% |
| 2008 | 18.32 trillion current LCU | +14.7% |
| 2009 | 18.81 trillion current LCU | +2.7% |
| 2010 | 20.86 trillion current LCU | +10.9% |
| 2011 | 23.39 trillion current LCU | +12.1% |
| 2012 | 25.42 trillion current LCU | +8.6% |
| 2013 | 27.42 trillion current LCU | +7.9% |
| 2014 | 30.24 trillion current LCU | +10.3% |
| 2015 | 33.22 trillion current LCU | +9.8% |
| 2016 | 37.64 trillion current LCU | +13.3% |
| 2017 | 41.06 trillion current LCU | +9.1% |
| 2018 | 45.89 trillion current LCU | +11.8% |
| 2019 | 51.04 trillion current LCU | +11.2% |
| 2020 | 49.44 trillion current LCU | -3.1% |
| 2021 | 54.98 trillion current LCU | +11.2% |
| 2022 | 62.84 trillion current LCU | +14.3% |
| 2023 | 71.04 trillion current LCU | +13.0% |
| 2024 | 79.61 trillion current LCU | +12.1% |
| 2025 | 88.88 trillion current LCU | +11.6% |
Madagascar compared with similar countries
- Madagascar's 88.88 trillion current LCU is above the median for low income countries, which is 13.85 trillion current LCU, 6.4× the median. (24 countries reporting)
- Madagascar's 88.88 trillion current LCU is above the median for Sub-Saharan Africa, which is 8.57 trillion current LCU, 10.4× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP 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 |
|---|---|---|---|
| 1995 | +51.5% | 2.16 trillion current LCU | 3.27 trillion current LCU |
| 1980 | +49.2% | 147.35 billion current LCU | 219.81 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 42.00 billion current LCU | 33.23 billion current LCU | 54.87 billion current LCU | 10 |
| 1970s | 94.77 billion current LCU | 61.75 billion current LCU | 147.35 billion current LCU | 10 |
| 1980s | 536.21 billion current LCU | 219.81 billion current LCU | 1.02 trillion current LCU | 10 |
| 1990s | 2.93 trillion current LCU | 1.17 trillion current LCU | 5.38 trillion current LCU | 10 |
| 2000s | 11.66 trillion current LCU | 6.27 trillion current LCU | 18.81 trillion current LCU | 10 |
| 2010s | 33.62 trillion current LCU | 20.86 trillion current LCU | 51.04 trillion current LCU | 10 |
| 2020s | 67.80 trillion current LCU | 49.44 trillion current LCU | 88.88 trillion current LCU | 6 |
Countries ranked near Madagascar
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 88.88 trillion current 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 88.88 trillion current LCU in 2025.
- What is the lowest gdp recorded in Madagascar?
- The lowest recorded value was 33.23 billion current LCU in 1960.
- How does Madagascar rank for gdp?
- Madagascar ranks 31st out of 214 countries with data for 2025.
- Is gdp rising or falling in Madagascar?
- Over the last ten years it is up 167.6%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.