Annual growth of GDP per capita in Madagascar
Madagascar: Annual growth of GDP per capita was 0.6% in 2025. ◆ Volatile
Annual growth of GDP per capita in Madagascar, 1961–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in annual %.
Analysis
The most recent figure for annual growth of gdp per capita in Madagascar is 0.6%, measured in 2025.
The figure is down 69.0% on the previous year and up 26.1% over ten years.
Over the whole period, annual growth of gdp per capita in Madagascar peaked at 6.6% in 2003 and was at its lowest, -15.0%, in 2002.
That places Madagascar 164th out of 212 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of GDP per capita in Madagascar, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | -0.6% | — |
| 1962 | -0.4% | -39.6% |
| 1963 | -3.5% | +887.9% |
| 1964 | 1.3% | -137.9% |
| 1965 | -3.0% | -329.5% |
| 1966 | -0.6% | -80.5% |
| 1967 | 2.7% | -567.2% |
| 1968 | 3.9% | +44.2% |
| 1969 | 0.9% | -78.0% |
| 1970 | 2.3% | +166.6% |
| 1971 | 1.0% | -59.0% |
| 1972 | -4.1% | -535.6% |
| 1973 | -5.5% | +32.2% |
| 1974 | -1.0% | -81.7% |
| 1975 | -1.7% | +73.8% |
| 1976 | -6.0% | +241.2% |
| 1977 | -0.7% | -88.4% |
| 1978 | -5.6% | +706.4% |
| 1979 | 6.6% | -217.8% |
| 1980 | -2.1% | -131.3% |
| 1981 | -12.5% | +505.6% |
| 1982 | -4.8% | -61.8% |
| 1983 | -2.0% | -57.5% |
| 1984 | -1.2% | -42.4% |
| 1985 | -1.7% | +49.0% |
| 1986 | -0.9% | -46.9% |
| 1987 | -1.7% | +80.5% |
| 1988 | 0.5% | -128.6% |
| 1989 | 1.1% | +128.9% |
| 1990 | 0.1% | -88.1% |
| 1991 | -9.1% | -7106.9% |
| 1992 | -1.8% | -79.9% |
| 1993 | -1.0% | -46.8% |
| 1994 | -3.1% | +220.5% |
| 1995 | -1.5% | -52.0% |
| 1996 | -1.1% | -27.3% |
| 1997 | 0.4% | -134.5% |
| 1998 | 0.6% | +53.6% |
| 1999 | 1.4% | +136.7% |
| 2000 | 1.2% | -11.8% |
| 2001 | 2.8% | +131.6% |
| 2002 | -15.0% | -641.9% |
| 2003 | 6.6% | -144.1% |
| 2004 | 2.2% | -66.3% |
| 2005 | 1.7% | -22.4% |
| 2006 | 2.3% | +35.5% |
| 2007 | 2.7% | +13.0% |
| 2008 | 3.6% | +36.7% |
| 2009 | -6.8% | -286.4% |
| 2010 | -2.3% | -66.5% |
| 2011 | -1.3% | -44.1% |
| 2012 | 0.2% | -115.9% |
| 2013 | -0.4% | -321.5% |
| 2014 | 0.6% | -236.3% |
| 2015 | 0.4% | -26.4% |
| 2016 | 1.3% | +194.0% |
| 2017 | 1.3% | -3.7% |
| 2018 | 0.5% | -57.0% |
| 2019 | 1.7% | +218.9% |
| 2020 | -9.5% | -648.6% |
| 2021 | 2.1% | -121.6% |
| 2022 | 1.6% | -22.7% |
| 2023 | 1.7% | +7.0% |
| 2024 | 1.8% | +6.9% |
| 2025 | 0.6% | -69.0% |
Madagascar compared with similar countries
- Madagascar's 0.6% is below the median for low income countries, which is 2.2%, 25% of the median. (24 countries reporting)
- Madagascar's 0.6% is below the median for Sub-Saharan Africa, which is 2.5%, 23% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Annual growth of GDP per capita in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | -7106.9% | 0.1% | -9.1% |
| 1963 | -887.9% | -0.4% | -3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1% | -3.5% | 3.9% | 9 |
| 1970s | -1.5% | -6.0% | 6.6% | 10 |
| 1980s | -2.5% | -12.5% | 1.1% | 10 |
| 1990s | -1.5% | -9.1% | 1.4% | 10 |
| 2000s | 0.1% | -15.0% | 6.6% | 10 |
| 2010s | 0.2% | -2.3% | 1.7% | 10 |
| 2020s | -0.3% | -9.5% | 2.1% | 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 annual growth of gdp per capita in Madagascar?
- Annual growth of gdp per capita in Madagascar was 0.6% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest annual growth of gdp per capita recorded in Madagascar?
- The highest recorded value was 6.6% in 2003.
- What is the lowest annual growth of gdp per capita recorded in Madagascar?
- The lowest recorded value was -15.0% in 2002.
- How does Madagascar rank for annual growth of gdp per capita?
- Madagascar ranks 164th out of 212 countries with data for 2025.
- Is annual growth of gdp per capita rising or falling in Madagascar?
- Over the last ten years it is up 26.1%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Annual growth of GDP per capita. Statizoid updates them automatically from the source API.
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About this data
This data is adjusted for inflation.