Gross domestic product (GDP) in Madagascar
Madagascar: Gross domestic product (GDP) was 14.95 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
14.95 billion constant 2015 US$
Change on year
up 3.0%
World rank
139th
of 209 countries
All-time high
14.95 billion constant 2015 US$
in 2025
All-time low
4.15 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Gross domestic product (GDP) in Madagascar, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
The most recent figure for gross domestic product (gdp) in Madagascar is 14.95 billion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 32.0% over ten years.
Over the whole period, gross domestic product (gdp) in Madagascar peaked at 14.95 billion constant 2015 US$ in 2025 and was at its lowest, 4.15 billion constant 2015 US$, in 1960.
That places Madagascar 139th out of 209 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Gross domestic product (GDP) in Madagascar, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 4.15 billion constant 2015 US$ | — |
| 1961 | 4.24 billion constant 2015 US$ | +2.0% |
| 1962 | 4.33 billion constant 2015 US$ | +2.3% |
| 1963 | 4.29 billion constant 2015 US$ | -0.9% |
| 1964 | 4.46 billion constant 2015 US$ | +4.0% |
| 1965 | 4.44 billion constant 2015 US$ | -0.5% |
| 1966 | 4.53 billion constant 2015 US$ | +2.1% |
| 1967 | 4.78 billion constant 2015 US$ | +5.5% |
| 1968 | 5.11 billion constant 2015 US$ | +6.8% |
| 1969 | 5.30 billion constant 2015 US$ | +3.7% |
| 1970 | 5.58 billion constant 2015 US$ | +5.3% |
| 1971 | 5.80 billion constant 2015 US$ | +3.9% |
| 1972 | 5.73 billion constant 2015 US$ | -1.3% |
| 1973 | 5.58 billion constant 2015 US$ | -2.6% |
| 1974 | 5.69 billion constant 2015 US$ | +2.0% |
| 1975 | 5.76 billion constant 2015 US$ | +1.3% |
| 1976 | 5.58 billion constant 2015 US$ | -3.1% |
| 1977 | 5.72 billion constant 2015 US$ | +2.4% |
| 1978 | 5.56 billion constant 2015 US$ | -2.7% |
| 1979 | 6.11 billion constant 2015 US$ | +9.9% |
| 1980 | 6.17 billion constant 2015 US$ | +1.0% |
| 1981 | 5.57 billion constant 2015 US$ | -9.8% |
| 1982 | 5.46 billion constant 2015 US$ | -1.9% |
| 1983 | 5.51 billion constant 2015 US$ | +0.9% |
| 1984 | 5.61 billion constant 2015 US$ | +1.8% |
| 1985 | 5.67 billion constant 2015 US$ | +1.2% |
| 1986 | 5.78 billion constant 2015 US$ | +2.0% |
| 1987 | 5.85 billion constant 2015 US$ | +1.2% |
| 1988 | 6.05 billion constant 2015 US$ | +3.4% |
| 1989 | 6.30 billion constant 2015 US$ | +4.1% |
| 1990 | 6.49 billion constant 2015 US$ | +3.1% |
| 1991 | 6.08 billion constant 2015 US$ | -6.3% |
| 1992 | 6.15 billion constant 2015 US$ | +1.2% |
| 1993 | 6.28 billion constant 2015 US$ | +2.1% |
| 1994 | 6.28 billion constant 2015 US$ | -0.0% |
| 1995 | 6.39 billion constant 2015 US$ | +1.7% |
| 1996 | 6.52 billion constant 2015 US$ | +2.2% |
| 1997 | 6.77 billion constant 2015 US$ | +3.7% |
| 1998 | 7.03 billion constant 2015 US$ | +3.9% |
| 1999 | 7.36 billion constant 2015 US$ | +4.7% |
| 2000 | 7.69 billion constant 2015 US$ | +4.5% |
| 2001 | 8.15 billion constant 2015 US$ | +6.0% |
| 2002 | 7.14 billion constant 2015 US$ | -12.4% |
| 2003 | 7.84 billion constant 2015 US$ | +9.8% |
| 2004 | 8.25 billion constant 2015 US$ | +5.3% |
| 2005 | 8.64 billion constant 2015 US$ | +4.8% |
| 2006 | 9.11 billion constant 2015 US$ | +5.4% |
| 2007 | 9.63 billion constant 2015 US$ | +5.7% |
| 2008 | 10.27 billion constant 2015 US$ | +6.7% |
| 2009 | 9.86 billion constant 2015 US$ | -4.0% |
| 2010 | 9.93 billion constant 2015 US$ | +0.6% |
| 2011 | 10.08 billion constant 2015 US$ | +1.6% |
| 2012 | 10.39 billion constant 2015 US$ | +3.0% |
| 2013 | 10.62 billion constant 2015 US$ | +2.3% |
| 2014 | 10.98 billion constant 2015 US$ | +3.3% |
| 2015 | 11.32 billion constant 2015 US$ | +3.1% |
| 2016 | 11.78 billion constant 2015 US$ | +4.0% |
| 2017 | 12.24 billion constant 2015 US$ | +3.9% |
| 2018 | 12.63 billion constant 2015 US$ | +3.2% |
| 2019 | 13.19 billion constant 2015 US$ | +4.4% |
| 2020 | 12.25 billion constant 2015 US$ | -7.1% |
| 2021 | 12.81 billion constant 2015 US$ | +4.6% |
| 2022 | 13.34 billion constant 2015 US$ | +4.1% |
| 2023 | 13.91 billion constant 2015 US$ | +4.2% |
| 2024 | 14.51 billion constant 2015 US$ | +4.3% |
| 2025 | 14.95 billion constant 2015 US$ | +3.0% |
Madagascar compared with similar countries
- Madagascar's 14.95 billion constant 2015 US$ is below the median for low income countries, which is 16.04 billion constant 2015 US$, 93% of the median. (24 countries reporting)
- Madagascar's 14.95 billion constant 2015 US$ is below the median for Sub-Saharan Africa, which is 16.42 billion constant 2015 US$, 91% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.56 billion constant 2015 US$ | 4.15 billion constant 2015 US$ | 5.30 billion constant 2015 US$ | 10 |
| 1970s | 5.71 billion constant 2015 US$ | 5.56 billion constant 2015 US$ | 6.11 billion constant 2015 US$ | 10 |
| 1980s | 5.80 billion constant 2015 US$ | 5.46 billion constant 2015 US$ | 6.30 billion constant 2015 US$ | 10 |
| 1990s | 6.54 billion constant 2015 US$ | 6.08 billion constant 2015 US$ | 7.36 billion constant 2015 US$ | 10 |
| 2000s | 8.66 billion constant 2015 US$ | 7.14 billion constant 2015 US$ | 10.27 billion constant 2015 US$ | 10 |
| 2010s | 11.31 billion constant 2015 US$ | 9.93 billion constant 2015 US$ | 13.19 billion constant 2015 US$ | 10 |
| 2020s | 13.63 billion constant 2015 US$ | 12.25 billion constant 2015 US$ | 14.95 billion constant 2015 US$ | 6 |
Countries ranked near Madagascar
- 136 Syria 16.10 billion constant 2015 US$ compare
- 137 Afghanistan 15.97 billion constant 2015 US$ compare
- 138 Mauritius 15.32 billion constant 2015 US$ compare
- 140 Brunei 13.77 billion constant 2015 US$ compare
- 141 Bahamas 13.63 billion constant 2015 US$ compare
- 142 Haiti 13.22 billion constant 2015 US$ 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 gross domestic product (gdp) in Madagascar?
- Gross domestic product (gdp) in Madagascar was 14.95 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Madagascar?
- The highest recorded value was 14.95 billion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Madagascar?
- The lowest recorded value was 4.15 billion constant 2015 US$ in 1960.
- How does Madagascar rank for gross domestic product (gdp)?
- Madagascar ranks 139th out of 209 countries with data for 2025.
- Is gross domestic product (gdp) rising or falling in Madagascar?
- Over the last ten years it is up 32.0%. The long-run trend across the full record is rising.
- 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) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.