GDP per capita (constant 2015 US$) in Madagascar

Madagascar: GDP per capita (constant 2015 US$) was 456.51 constant 2015 US$ in 2025. ▼ Falling

Latest (2025)
456.51 constant 2015 US$
Change on year
up 0.6%
World rank
209th
of 212 countries
All-time high
844.49 constant 2015 US$
in 1971
All-time low
406.7 constant 2015 US$
in 2002
Years of data
66
1960–2025

GDP per capita in Madagascar, 1960–2025

0200400600800196019922025

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

Annual values for GDP per capita (constant 2015 US$) in Madagascar, 1960 to 2025.
Year constant 2015 US$ 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

DecadeAverage LowestHighest 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

  1. 206 Democratic Republic of Congo 567.56 constant 2015 US$ compare
  2. 207 Malawi 548.16 constant 2015 US$ compare
  3. 208 Somalia 465.44 constant 2015 US$ compare
  4. 210 Central African Republic 393.99 constant 2015 US$ compare
  5. 211 Afghanistan 374.38 constant 2015 US$ compare
  6. 212 Burundi 273.43 constant 2015 US$ compare

See the full ranking of 260 places →

More economy & growth data for Madagascar

All data for Madagascar →

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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GDP per capita in Madagascar. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/gdp-per-capita-constant-2015-us/madagascar/

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About this data

Indicator
GDP per capita (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
260 places, 14,526 data points, 1960–2025
Last refreshed

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.