GNI per capita in Madagascar
Madagascar: GNI per capita was 463.75 US$ in 2020. ▲ Rising
GNI per capita in Madagascar, 1990–2020
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in US$.
Analysis
Madagascar recorded 463.75 US$ for gni per capita in 2020.
That represents a change of down 9.0% on the previous year and down 0.3% over ten years.
Over the whole period, gni per capita in Madagascar peaked at 532.11 US$ in 2008 and was at its lowest, 257.67 US$, in 1994.
Madagascar ranks 204th of 207 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
GNI per capita in Madagascar, year by year
| Year | US$ | Change |
|---|---|---|
| 1990 | 325.07 US$ | — |
| 1991 | 259.03 US$ | -20.3% |
| 1992 | 290.04 US$ | +12.0% |
| 1993 | 308.66 US$ | +6.4% |
| 1994 | 257.67 US$ | -16.5% |
| 1995 | 272.45 US$ | +5.7% |
| 1996 | 343.04 US$ | +25.9% |
| 1997 | 288.07 US$ | -16.0% |
| 1998 | 289.05 US$ | +0.3% |
| 1999 | 273.04 US$ | -5.5% |
| 2000 | 287.41 US$ | +5.3% |
| 2001 | 328.27 US$ | +14.2% |
| 2002 | 313.45 US$ | -4.5% |
| 2003 | 362.62 US$ | +15.7% |
| 2004 | 280.51 US$ | -22.6% |
| 2005 | 312.86 US$ | +11.5% |
| 2006 | 330.96 US$ | +5.8% |
| 2007 | 434.73 US$ | +31.4% |
| 2008 | 532.11 US$ | +22.4% |
| 2009 | 461.99 US$ | -13.2% |
| 2010 | 464.93 US$ | +0.6% |
| 2011 | 524.14 US$ | +12.7% |
| 2012 | 503.9 US$ | -3.9% |
| 2013 | 525.07 US$ | +4.2% |
| 2014 | 518.34 US$ | -1.3% |
| 2015 | 451.81 US$ | -12.8% |
| 2016 | 459.21 US$ | +1.6% |
| 2017 | 501.23 US$ | +9.1% |
| 2018 | 503.27 US$ | +0.4% |
| 2019 | 509.36 US$ | +1.2% |
| 2020 | 463.75 US$ | -9.0% |
Madagascar compared with similar countries
- Madagascar's 463.75 US$ is below the median for low income countries, which is 616.22 US$, 75% of the median. (24 countries reporting)
- Madagascar's 463.75 US$ is below the median for Sub-Saharan Africa, which is 1,029 US$, 45% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 290.61 US$ | 257.67 US$ | 343.04 US$ | 10 |
| 2000s | 364.49 US$ | 280.51 US$ | 532.11 US$ | 10 |
| 2010s | 496.12 US$ | 451.81 US$ | 525.07 US$ | 10 |
| 2020s | 463.75 US$ | 463.75 US$ | 463.75 US$ | 1 |
Countries ranked near Madagascar
- 201 Afghanistan 521.6 US$ compare
- 202 Central African Republic 508.68 US$ compare
- 203 Sierra Leone 499.59 US$ compare
- 205 Mozambique 439.66 US$ compare
- 206 Somalia 435.99 US$ compare
- 207 Burundi 235.06 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 gni per capita in Madagascar?
- Gni per capita in Madagascar was 463.75 US$ in 2020, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gni per capita recorded in Madagascar?
- The highest recorded value was 532.11 US$ in 2008.
- What is the lowest gni per capita recorded in Madagascar?
- The lowest recorded value was 257.67 US$ in 1994.
- How does Madagascar rank for gni per capita?
- Madagascar ranks 204th out of 207 countries with data for 2020.
- Is gni per capita rising or falling in Madagascar?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of GNI per capita (US$). Statizoid updates them automatically from the source API.
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About this data
GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.