GDP Deflator — Value US$, 2015 prices in Madagascar
Madagascar: GDP Deflator — Value US$, 2015 prices was 120.21 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Madagascar, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Madagascar recorded 120.21 USD for gdp deflator — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 5.3% on the previous year and up 5.4% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Madagascar peaked at 120.21 USD in 2024 and was at its lowest, 19.06 USD, in 1970.
That places Madagascar 100th out of 222 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Madagascar, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 19.06 USD | — |
| 1971 | 19.76 USD | +3.7% |
| 1972 | 22.88 USD | +15.8% |
| 1973 | 28.81 USD | +25.9% |
| 1974 | 32.24 USD | +11.9% |
| 1975 | 37.91 USD | +17.6% |
| 1976 | 37.38 USD | -1.4% |
| 1977 | 39.48 USD | +5.6% |
| 1978 | 45.88 USD | +16.2% |
| 1979 | 54.21 USD | +18.1% |
| 1980 | 62.76 USD | +15.8% |
| 1981 | 61.1 USD | -2.6% |
| 1982 | 61.05 USD | -0.1% |
| 1983 | 60.31 USD | -1.2% |
| 1984 | 49.63 USD | -17.7% |
| 1985 | 48.46 USD | -2.4% |
| 1986 | 66.04 USD | +36.3% |
| 1987 | 51.4 USD | -22.2% |
| 1988 | 47.32 USD | -7.9% |
| 1989 | 46.5 USD | -1.7% |
| 1990 | 55.59 USD | +19.5% |
| 1991 | 51.5 USD | -7.4% |
| 1992 | 57.04 USD | +10.8% |
| 1993 | 62.27 USD | +9.2% |
| 1994 | 55.03 USD | -11.6% |
| 1995 | 57.43 USD | +4.4% |
| 1996 | 71.08 USD | +23.8% |
| 1997 | 60.84 USD | -14.4% |
| 1998 | 61.73 USD | +1.5% |
| 1999 | 58.69 USD | -4.9% |
| 2000 | 58.39 USD | -0.5% |
| 2001 | 64.35 USD | +10.2% |
| 2002 | 71.52 USD | +11.1% |
| 2003 | 81.1 USD | +13.4% |
| 2004 | 61.42 USD | -24.3% |
| 2005 | 67.8 USD | +10.4% |
| 2006 | 70.66 USD | +4.2% |
| 2007 | 88.55 USD | +25.3% |
| 2008 | 104.4 USD | +17.9% |
| 2009 | 97.49 USD | -6.6% |
| 2010 | 100.58 USD | +3.2% |
| 2011 | 114.58 USD | +13.9% |
| 2012 | 111.49 USD | -2.7% |
| 2013 | 116.94 USD | +4.9% |
| 2014 | 114.06 USD | -2.5% |
| 2015 | 100 USD | -12.3% |
| 2016 | 100.62 USD | +0.6% |
| 2017 | 107.66 USD | +7.0% |
| 2018 | 108.95 USD | +1.2% |
| 2019 | 106.96 USD | -1.8% |
| 2020 | 106.58 USD | -0.4% |
| 2021 | 112.02 USD | +5.1% |
| 2022 | 114.82 USD | +2.5% |
| 2023 | 114.11 USD | -0.6% |
| 2024 | 120.21 USD | +5.3% |
Madagascar compared with similar countries
- Madagascar's 120.21 USD is above the median for low income countries, which is 119.16 USD, 1.0× the median. (22 countries reporting)
- Madagascar's 120.21 USD is above the median for Sub-Saharan Africa, which is 112.88 USD, 1.1× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.76 USD | 19.06 USD | 54.21 USD | 10 |
| 1980s | 55.46 USD | 46.5 USD | 66.04 USD | 10 |
| 1990s | 59.12 USD | 51.5 USD | 71.08 USD | 10 |
| 2000s | 76.57 USD | 58.39 USD | 104.4 USD | 10 |
| 2010s | 108.19 USD | 100 USD | 116.94 USD | 10 |
| 2020s | 113.55 USD | 106.58 USD | 120.21 USD | 5 |
Countries ranked near Madagascar
- 97 Dominica 120.84 USD compare
- 98 China, Hong Kong SAR 120.83 USD compare
- 99 Australia and New Zealand 120.49 USD compare
- 101 Andorra 120.15 USD compare
- 102 Saint Lucia 119.63 USD compare
- 103 New Caledonia 119.4 USD compare
More economy & growth data for Madagascar
- Real gdp growth, annual growth rate 2.17 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Madagascar?
- Gdp deflator — value us$, 2015 prices in Madagascar was 120.21 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Madagascar?
- The highest recorded value was 120.21 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Madagascar?
- The lowest recorded value was 19.06 USD in 1970.
- How does Madagascar rank for gdp deflator — value us$, 2015 prices?
- Madagascar ranks 100th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Madagascar?
- Over the last ten years it is up 5.4%. The long-run trend across the full record is rising.
- 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 US$, 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).