GDP per capita (constant 2015 US$) in Madagascar
Madagascar: GDP per capita (constant 2015 US$) was 456.51 constant 2015 US$ in 2025. ▼ Falling
GDP per capita in Madagascar, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Madagascar recorded 456.51 constant 2015 US$ for gdp per capita in 2025.
Compared with earlier readings it is up 0.6% on the previous year and up 2.5% over ten years.
Over the whole period, gdp per capita in Madagascar peaked at 844.49 constant 2015 US$ in 1971 and was at its lowest, 406.7 constant 2015 US$, in 2002.
That places Madagascar 209th out of 212 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 66 years of available data.
GDP per capita (constant 2015 US$) in Madagascar, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 812.25 constant 2015 US$ | — |
| 1961 | 807.54 constant 2015 US$ | -0.6% |
| 1962 | 804.71 constant 2015 US$ | -0.4% |
| 1963 | 776.88 constant 2015 US$ | -3.5% |
| 1964 | 787.06 constant 2015 US$ | +1.3% |
| 1965 | 763.4 constant 2015 US$ | -3.0% |
| 1966 | 758.93 constant 2015 US$ | -0.6% |
| 1967 | 779.72 constant 2015 US$ | +2.7% |
| 1968 | 810.51 constant 2015 US$ | +3.9% |
| 1969 | 817.56 constant 2015 US$ | +0.9% |
| 1970 | 836.54 constant 2015 US$ | +2.3% |
| 1971 | 844.49 constant 2015 US$ | +1.0% |
| 1972 | 809.52 constant 2015 US$ | -4.1% |
| 1973 | 765.22 constant 2015 US$ | -5.5% |
| 1974 | 757.53 constant 2015 US$ | -1.0% |
| 1975 | 744.31 constant 2015 US$ | -1.7% |
| 1976 | 699.99 constant 2015 US$ | -6.0% |
| 1977 | 695.15 constant 2015 US$ | -0.7% |
| 1978 | 656.4 constant 2015 US$ | -5.6% |
| 1979 | 699.49 constant 2015 US$ | +6.6% |
| 1980 | 685.1 constant 2015 US$ | -2.1% |
| 1981 | 599.78 constant 2015 US$ | -12.5% |
| 1982 | 571.23 constant 2015 US$ | -4.8% |
| 1983 | 559.66 constant 2015 US$ | -2.0% |
| 1984 | 553.13 constant 2015 US$ | -1.2% |
| 1985 | 543.51 constant 2015 US$ | -1.7% |
| 1986 | 538.49 constant 2015 US$ | -0.9% |
| 1987 | 529.51 constant 2015 US$ | -1.7% |
| 1988 | 532.03 constant 2015 US$ | +0.5% |
| 1989 | 537.84 constant 2015 US$ | +1.1% |
| 1990 | 538.54 constant 2015 US$ | +0.1% |
| 1991 | 489.72 constant 2015 US$ | -9.1% |
| 1992 | 480.81 constant 2015 US$ | -1.8% |
| 1993 | 476.16 constant 2015 US$ | -1.0% |
| 1994 | 461.4 constant 2015 US$ | -3.1% |
| 1995 | 454.54 constant 2015 US$ | -1.5% |
| 1996 | 449.63 constant 2015 US$ | -1.1% |
| 1997 | 451.3 constant 2015 US$ | +0.4% |
| 1998 | 453.89 constant 2015 US$ | +0.6% |
| 1999 | 460.03 constant 2015 US$ | +1.4% |
| 2000 | 465.53 constant 2015 US$ | +1.2% |
| 2001 | 478.41 constant 2015 US$ | +2.8% |
| 2002 | 406.7 constant 2015 US$ | -15.0% |
| 2003 | 433.6 constant 2015 US$ | +6.6% |
| 2004 | 443.28 constant 2015 US$ | +2.2% |
| 2005 | 450.95 constant 2015 US$ | +1.7% |
| 2006 | 461.54 constant 2015 US$ | +2.3% |
| 2007 | 473.79 constant 2015 US$ | +2.7% |
| 2008 | 490.96 constant 2015 US$ | +3.6% |
| 2009 | 457.79 constant 2015 US$ | -6.8% |
| 2010 | 447.42 constant 2015 US$ | -2.3% |
| 2011 | 441.75 constant 2015 US$ | -1.3% |
| 2012 | 442.64 constant 2015 US$ | +0.2% |
| 2013 | 440.68 constant 2015 US$ | -0.4% |
| 2014 | 443.34 constant 2015 US$ | +0.6% |
| 2015 | 445.32 constant 2015 US$ | +0.4% |
| 2016 | 451.16 constant 2015 US$ | +1.3% |
| 2017 | 456.85 constant 2015 US$ | +1.3% |
| 2018 | 459.33 constant 2015 US$ | +0.5% |
| 2019 | 467.28 constant 2015 US$ | +1.7% |
| 2020 | 422.92 constant 2015 US$ | -9.5% |
| 2021 | 431.6 constant 2015 US$ | +2.1% |
| 2022 | 438.44 constant 2015 US$ | +1.6% |
| 2023 | 445.87 constant 2015 US$ | +1.7% |
| 2024 | 453.96 constant 2015 US$ | +1.8% |
| 2025 | 456.51 constant 2015 US$ | +0.6% |
Madagascar compared with similar countries
- Madagascar's 456.51 constant 2015 US$ is below the median for low income countries, which is 734.16 constant 2015 US$, 62% of the median. (24 countries reporting)
- Madagascar's 456.51 constant 2015 US$ is below the median for Sub-Saharan Africa, which is 1,159 constant 2015 US$, 39% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 791.86 constant 2015 US$ | 758.93 constant 2015 US$ | 817.56 constant 2015 US$ | 10 |
| 1970s | 750.86 constant 2015 US$ | 656.4 constant 2015 US$ | 844.49 constant 2015 US$ | 10 |
| 1980s | 565.03 constant 2015 US$ | 529.51 constant 2015 US$ | 685.1 constant 2015 US$ | 10 |
| 1990s | 471.6 constant 2015 US$ | 449.63 constant 2015 US$ | 538.54 constant 2015 US$ | 10 |
| 2000s | 456.26 constant 2015 US$ | 406.7 constant 2015 US$ | 490.96 constant 2015 US$ | 10 |
| 2010s | 449.58 constant 2015 US$ | 440.68 constant 2015 US$ | 467.28 constant 2015 US$ | 10 |
| 2020s | 441.55 constant 2015 US$ | 422.92 constant 2015 US$ | 456.51 constant 2015 US$ | 6 |
Countries ranked near Madagascar
- 206 Democratic Republic of Congo 567.56 constant 2015 US$ compare
- 207 Malawi 548.16 constant 2015 US$ compare
- 208 Somalia 465.44 constant 2015 US$ compare
- 210 Central African Republic 393.99 constant 2015 US$ compare
- 211 Afghanistan 374.38 constant 2015 US$ compare
- 212 Burundi 273.43 constant 2015 US$ 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 per capita in Madagascar?
- Gdp per capita in Madagascar was 456.51 constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Madagascar?
- The highest recorded value was 844.49 constant 2015 US$ in 1971.
- What is the lowest gdp per capita recorded in Madagascar?
- The lowest recorded value was 406.7 constant 2015 US$ in 2002.
- How does Madagascar rank for gdp per capita?
- Madagascar ranks 209th out of 212 countries with data for 2025.
- Is gdp per capita rising or falling in Madagascar?
- Over the last ten years it is up 2.5%. The long-run trend across the full record is falling.
- 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 per capita (constant 2015 US$). Statizoid updates them automatically from the source API.
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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. The core indicator has been divided by the general population to achieve a per capita estimate.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 is 2015. This indicator is expressed in United States dollars.