GDP per capita in Madagascar
Madagascar: GDP per capita was 757,514 constant LCU in 2025. ▼ Falling
Latest (2025)
757,514 constant LCU
Change on year
up 0.6%
World rank
38th
of 215 countries
All-time high
1.40 million constant LCU
in 1971
All-time low
674,864 constant LCU
in 2002
Years of data
66
1960–2025
GDP per capita in Madagascar, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, gdp per capita in Madagascar stood at 757,514 constant LCU.
The figure 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 1.40 million constant LCU in 1971 and was at its lowest, 674,864 constant LCU, in 2002.
That places Madagascar 38th out of 215 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently falling across the 66 years of available data.
GDP per capita in Madagascar, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 1.35 million constant LCU | — |
| 1961 | 1.34 million constant LCU | -0.6% |
| 1962 | 1.34 million constant LCU | -0.4% |
| 1963 | 1.29 million constant LCU | -3.5% |
| 1964 | 1.31 million constant LCU | +1.3% |
| 1965 | 1.27 million constant LCU | -3.0% |
| 1966 | 1.26 million constant LCU | -0.6% |
| 1967 | 1.29 million constant LCU | +2.7% |
| 1968 | 1.34 million constant LCU | +3.9% |
| 1969 | 1.36 million constant LCU | +0.9% |
| 1970 | 1.39 million constant LCU | +2.3% |
| 1971 | 1.40 million constant LCU | +1.0% |
| 1972 | 1.34 million constant LCU | -4.1% |
| 1973 | 1.27 million constant LCU | -5.5% |
| 1974 | 1.26 million constant LCU | -1.0% |
| 1975 | 1.24 million constant LCU | -1.7% |
| 1976 | 1.16 million constant LCU | -6.0% |
| 1977 | 1.15 million constant LCU | -0.7% |
| 1978 | 1.09 million constant LCU | -5.6% |
| 1979 | 1.16 million constant LCU | +6.6% |
| 1980 | 1.14 million constant LCU | -2.1% |
| 1981 | 995,253 constant LCU | -12.5% |
| 1982 | 947,878 constant LCU | -4.8% |
| 1983 | 928,680 constant LCU | -2.0% |
| 1984 | 917,844 constant LCU | -1.2% |
| 1985 | 901,886 constant LCU | -1.7% |
| 1986 | 893,553 constant LCU | -0.9% |
| 1987 | 878,647 constant LCU | -1.7% |
| 1988 | 882,836 constant LCU | +0.5% |
| 1989 | 892,472 constant LCU | +1.1% |
| 1990 | 893,626 constant LCU | +0.1% |
| 1991 | 812,616 constant LCU | -9.1% |
| 1992 | 797,839 constant LCU | -1.8% |
| 1993 | 790,121 constant LCU | -1.0% |
| 1994 | 765,625 constant LCU | -3.1% |
| 1995 | 754,243 constant LCU | -1.5% |
| 1996 | 746,095 constant LCU | -1.1% |
| 1997 | 748,875 constant LCU | +0.4% |
| 1998 | 753,161 constant LCU | +0.6% |
| 1999 | 763,363 constant LCU | +1.4% |
| 2000 | 772,482 constant LCU | +1.2% |
| 2001 | 793,848 constant LCU | +2.8% |
| 2002 | 674,864 constant LCU | -15.0% |
| 2003 | 719,501 constant LCU | +6.6% |
| 2004 | 735,559 constant LCU | +2.2% |
| 2005 | 748,298 constant LCU | +1.7% |
| 2006 | 765,862 constant LCU | +2.3% |
| 2007 | 786,181 constant LCU | +2.7% |
| 2008 | 814,686 constant LCU | +3.6% |
| 2009 | 759,639 constant LCU | -6.8% |
| 2010 | 742,427 constant LCU | -2.3% |
| 2011 | 733,031 constant LCU | -1.3% |
| 2012 | 734,502 constant LCU | +0.2% |
| 2013 | 731,238 constant LCU | -0.4% |
| 2014 | 735,668 constant LCU | +0.6% |
| 2015 | 738,947 constant LCU | +0.4% |
| 2016 | 748,632 constant LCU | +1.3% |
| 2017 | 758,082 constant LCU | +1.3% |
| 2018 | 762,195 constant LCU | +0.5% |
| 2019 | 775,382 constant LCU | +1.7% |
| 2020 | 701,784 constant LCU | -9.5% |
| 2021 | 716,179 constant LCU | +2.1% |
| 2022 | 727,527 constant LCU | +1.6% |
| 2023 | 739,866 constant LCU | +1.7% |
| 2024 | 753,280 constant LCU | +1.8% |
| 2025 | 757,514 constant LCU | +0.6% |
Madagascar compared with similar countries
- Madagascar's 757,514 constant LCU is above the median for low income countries, which is 157,745 constant LCU, 4.8× the median. (24 countries reporting)
- Madagascar's 757,514 constant LCU is above the median for Sub-Saharan Africa, which is 362,572 constant LCU, 2.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.31 million constant LCU | 1.26 million constant LCU | 1.36 million constant LCU | 10 |
| 1970s | 1.25 million constant LCU | 1.09 million constant LCU | 1.40 million constant LCU | 10 |
| 1980s | 937,588 constant LCU | 878,647 constant LCU | 1.14 million constant LCU | 10 |
| 1990s | 782,556 constant LCU | 746,095 constant LCU | 893,626 constant LCU | 10 |
| 2000s | 757,092 constant LCU | 674,864 constant LCU | 814,686 constant LCU | 10 |
| 2010s | 746,010 constant LCU | 731,238 constant LCU | 775,382 constant LCU | 10 |
| 2020s | 732,692 constant LCU | 701,784 constant LCU | 757,514 constant LCU | 6 |
Countries ranked near Madagascar
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 per capita in Madagascar?
- Gdp per capita in Madagascar was 757,514 constant LCU 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 1.40 million constant LCU in 1971.
- What is the lowest gdp per capita recorded in Madagascar?
- The lowest recorded value was 674,864 constant LCU in 2002.
- How does Madagascar rank for gdp per capita?
- Madagascar ranks 38th out of 215 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 LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 varies by country. This series is expressed in local currency units.