GDP Deflator — Value Standard Local Currency, 2015 prices in Madagascar
Madagascar: GDP Deflator — Value Standard Local Currency, 2015 prices was 185.44 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Madagascar, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Madagascar recorded 185.44 SLC for gdp deflator — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 7.6% on the previous year and up 97.5% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Madagascar peaked at 185.44 SLC in 2024 and was at its lowest, 0.3608 SLC, in 1970.
Madagascar ranks 38th of 209 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices in Madagascar, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0.3608 SLC | — |
| 1971 | 0.3734 SLC | +3.5% |
| 1972 | 0.3931 SLC | +5.3% |
| 1973 | 0.4378 SLC | +11.4% |
| 1974 | 0.5291 SLC | +20.9% |
| 1975 | 0.5539 SLC | +4.7% |
| 1976 | 0.6089 SLC | +9.9% |
| 1977 | 0.6613 SLC | +8.6% |
| 1978 | 0.7059 SLC | +6.8% |
| 1979 | 0.7862 SLC | +11.4% |
| 1980 | 0.904 SLC | +15.0% |
| 1981 | 1.13 SLC | +25.2% |
| 1982 | 1.46 SLC | +28.6% |
| 1983 | 1.77 SLC | +21.6% |
| 1984 | 1.95 SLC | +10.2% |
| 1985 | 2.19 SLC | +12.2% |
| 1986 | 3.05 SLC | +39.1% |
| 1987 | 3.75 SLC | +23.0% |
| 1988 | 4.54 SLC | +21.2% |
| 1989 | 5.08 SLC | +12.0% |
| 1990 | 5.66 SLC | +11.4% |
| 1991 | 6.44 SLC | +13.8% |
| 1992 | 7.25 SLC | +12.5% |
| 1993 | 8.12 SLC | +12.1% |
| 1994 | 11.51 SLC | +41.7% |
| 1995 | 16.7 SLC | +45.1% |
| 1996 | 19.68 SLC | +17.8% |
| 1997 | 21.12 SLC | +7.3% |
| 1998 | 22.9 SLC | +8.4% |
| 1999 | 25.14 SLC | +9.8% |
| 2000 | 26.94 SLC | +7.1% |
| 2001 | 28.91 SLC | +7.3% |
| 2002 | 33.31 SLC | +15.2% |
| 2003 | 34.23 SLC | +2.8% |
| 2004 | 39.13 SLC | +14.3% |
| 2005 | 46.29 SLC | +18.3% |
| 2006 | 51.6 SLC | +11.5% |
| 2007 | 56.57 SLC | +9.6% |
| 2008 | 60.8 SLC | +7.5% |
| 2009 | 65.01 SLC | +6.9% |
| 2010 | 71.66 SLC | +10.2% |
| 2011 | 79.1 SLC | +10.4% |
| 2012 | 83.42 SLC | +5.5% |
| 2013 | 87.97 SLC | +5.5% |
| 2014 | 93.89 SLC | +6.7% |
| 2015 | 100 SLC | +6.5% |
| 2016 | 108.96 SLC | +9.0% |
| 2017 | 114.37 SLC | +5.0% |
| 2018 | 123.86 SLC | +8.3% |
| 2019 | 131.93 SLC | +6.5% |
| 2020 | 137.62 SLC | +4.3% |
| 2021 | 146.25 SLC | +6.3% |
| 2022 | 160.33 SLC | +9.6% |
| 2023 | 172.3 SLC | +7.5% |
| 2024 | 185.44 SLC | +7.6% |
Madagascar compared with similar countries
- Madagascar's 185.44 SLC is above the median for low income countries, which is 158.7 SLC, 1.2× the median. (22 countries reporting)
- Madagascar's 185.44 SLC is above the median for Sub-Saharan Africa, which is 149.14 SLC, 1.2× the median. (44 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices 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 | +45.1% | 11.51 SLC | 16.7 SLC |
| 1994 | +41.7% | 8.12 SLC | 11.51 SLC |
| 1986 | +39.1% | 2.19 SLC | 3.05 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5411 SLC | 0.3608 SLC | 0.7862 SLC | 10 |
| 1980s | 2.58 SLC | 0.904 SLC | 5.08 SLC | 10 |
| 1990s | 14.45 SLC | 5.66 SLC | 25.14 SLC | 10 |
| 2000s | 44.28 SLC | 26.94 SLC | 65.01 SLC | 10 |
| 2010s | 99.52 SLC | 71.66 SLC | 131.93 SLC | 10 |
| 2020s | 160.39 SLC | 137.62 SLC | 185.44 SLC | 5 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- 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)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Madagascar?
- Gdp deflator — value standard local currency, 2015 prices in Madagascar was 185.44 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Madagascar?
- The highest recorded value was 185.44 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Madagascar?
- The lowest recorded value was 0.3608 SLC in 1970.
- How does Madagascar rank for gdp deflator — value standard local currency, 2015 prices?
- Madagascar ranks 38th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Madagascar?
- Over the last ten years it is up 97.5%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).