Gross domestic product (GDP) in Madagascar
Madagascar: Gross domestic product (GDP) was 54.63 billion international-$ in 2021 prices in 2025. ▲ Rising
Gross domestic product (GDP) in Madagascar, 1990–2025
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Madagascar is 54.63 billion international-$ in 2021 prices, measured in 2025. That is the highest value across all 36 years on record.
The figure 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 54.63 billion international-$ in 2021 prices in 2025 and was at its lowest, 22.23 billion international-$ in 2021 prices, in 1991.
Madagascar ranks 122nd of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.89 billion international-$ in 2021 prices | 22.23 billion international-$ in 2021 prices | 26.90 billion international-$ in 2021 prices | 10 |
| 2000s | 31.64 billion international-$ in 2021 prices | 26.09 billion international-$ in 2021 prices | 37.55 billion international-$ in 2021 prices | 10 |
| 2010s | 41.35 billion international-$ in 2021 prices | 36.28 billion international-$ in 2021 prices | 48.19 billion international-$ in 2021 prices | 10 |
| 2020s | 49.81 billion international-$ in 2021 prices | 44.75 billion international-$ in 2021 prices | 54.63 billion international-$ in 2021 prices | 6 |
Countries ranked near Madagascar
- 119 Kyrgyzstan 57.85 billion international-$ in 2021 prices compare
- 120 Estonia 56.85 billion international-$ in 2021 prices compare
- 121 Nicaragua 55.59 billion international-$ in 2021 prices compare
- 123 Tajikistan 54.60 billion international-$ in 2021 prices compare
- 124 Albania 53.39 billion international-$ in 2021 prices compare
- 125 Cyprus 53.38 billion international-$ in 2021 prices compare
More economy & growth data for Madagascar
- External balance on goods and services as a percent of GDP -11.6% (2025)
- Inflation of consumer prices 8.1% (2025)
- GDP per capita 456.51 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 13.1% (2024)
- Gross domestic product (GDP) 14.95 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 456.51 constant 2015 US$ (2025)
- DEC alternative conversion factor 4,530 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.47 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.21 billion current US$ (2025)
- Taxes less subsidies on products 6.72 trillion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Madagascar?
- Gross domestic product (gdp) in Madagascar was 54.63 billion international-$ in 2021 prices in 2025, according to Eurostat, OECD, IMF, and World Bank (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 54.63 billion international-$ in 2021 prices in 2025.
- What is the lowest gross domestic product (gdp) recorded in Madagascar?
- The lowest recorded value was 22.23 billion international-$ in 2021 prices in 1991.
- How does Madagascar rank for gross domestic product (gdp)?
- Madagascar ranks 122nd out of 198 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 Eurostat, OECD, IMF, and World Bank (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.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.