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$, 2015 prices in Madagascar peaked at 120.21 USD in 2024 and was at its lowest, 19.06 USD, in 1970.
That places Madagascar 94th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 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
- 91 Dominica 120.84 USD compare
- 92 China, Hong Kong SAR 120.83 USD compare
- 93 Australia and New Zealand 120.49 USD compare
- 95 Andorra 120.15 USD compare
- 96 Saint Lucia 119.63 USD compare
- 97 New Caledonia 119.4 USD 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 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$, 2015 prices?
- Madagascar ranks 94th out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 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.
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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).