Gross domestic product (GDP), Current prices, Domestic currency in Madagascar
Madagascar: Gross domestic product (GDP), Current prices, Domestic currency was 11.22 % change on previous year in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Madagascar, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Madagascar recorded 11.22 % change on previous year for gross domestic product (gdp), current prices, domestic currency in 2019.
Compared with earlier readings it is down 4.6% on the previous year and up 319.5% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Madagascar peaked at 47.61 % change on previous year in 1995 and was at its lowest, 0.6665 % change on previous year, in 2002.
That places Madagascar 31st out of 194 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4.28 % change on previous year | — |
| 1962 | 6.27 % change on previous year | +46.4% |
| 1963 | 2.9 % change on previous year | -53.7% |
| 1964 | 5.85 % change on previous year | +101.5% |
| 1965 | 3.23 % change on previous year | -44.8% |
| 1966 | 10.16 % change on previous year | +214.8% |
| 1967 | 7.13 % change on previous year | -29.8% |
| 1968 | 8.77 % change on previous year | +23.0% |
| 1969 | 7.96 % change on previous year | -9.3% |
| 1970 | 11.19 % change on previous year | +40.5% |
| 1971 | 7.9 % change on previous year | -29.4% |
| 1972 | 3.94 % change on previous year | -50.1% |
| 1973 | 8.94 % change on previous year | +126.9% |
| 1974 | 22.35 % change on previous year | +150.0% |
| 1975 | 6.01 % change on previous year | -73.1% |
| 1976 | 6.55 % change on previous year | +9.1% |
| 1977 | 11.16 % change on previous year | +70.3% |
| 1978 | 3.95 % change on previous year | -64.6% |
| 1979 | 22.3 % change on previous year | +464.2% |
| 1980 | 15.91 % change on previous year | -28.6% |
| 1981 | 14.38 % change on previous year | -9.6% |
| 1982 | 26.25 % change on previous year | +82.5% |
| 1983 | 22.59 % change on previous year | -13.9% |
| 1984 | 12.12 % change on previous year | -46.3% |
| 1985 | 13.46 % change on previous year | +11.1% |
| 1986 | 41.86 % change on previous year | +211.0% |
| 1987 | 24.48 % change on previous year | -41.5% |
| 1988 | 25.28 % change on previous year | +3.3% |
| 1989 | 16.54 % change on previous year | -34.6% |
| 1990 | 14.89 % change on previous year | -10.0% |
| 1991 | 6.62 % change on previous year | -55.5% |
| 1992 | 13.82 % change on previous year | +108.7% |
| 1993 | 14.43 % change on previous year | +4.4% |
| 1994 | 41.55 % change on previous year | +187.9% |
| 1995 | 47.61 % change on previous year | +14.6% |
| 1996 | 20.37 % change on previous year | -57.2% |
| 1997 | 11.25 % change on previous year | -44.8% |
| 1998 | 12.7 % change on previous year | +12.8% |
| 1999 | 14.95 % change on previous year | +17.8% |
| 2000 | 12.22 % change on previous year | -18.3% |
| 2001 | 13.72 % change on previous year | +12.3% |
| 2002 | 0.6665 % change on previous year | -95.1% |
| 2003 | 12.82 % change on previous year | +1823.5% |
| 2004 | 20.31 % change on previous year | +58.5% |
| 2005 | 23.75 % change on previous year | +16.9% |
| 2006 | 17.07 % change on previous year | -28.1% |
| 2007 | 16.46 % change on previous year | -3.6% |
| 2008 | 14.7 % change on previous year | -10.7% |
| 2009 | 2.67 % change on previous year | -81.8% |
| 2010 | 10.9 % change on previous year | +307.5% |
| 2011 | 12.13 % change on previous year | +11.3% |
| 2012 | 8.64 % change on previous year | -28.7% |
| 2013 | 7.88 % change on previous year | -8.8% |
| 2014 | 10.3 % change on previous year | +30.7% |
| 2015 | 9.84 % change on previous year | -4.4% |
| 2016 | 13.31 % change on previous year | +35.3% |
| 2017 | 9.09 % change on previous year | -31.7% |
| 2018 | 11.76 % change on previous year | +29.3% |
| 2019 | 11.22 % change on previous year | -4.6% |
Madagascar compared with similar countries
- Madagascar's 11.22 % change on previous year is above the median for low income countries, which is 7.45 % change on previous year, 1.5× the median. (24 countries reporting)
- Madagascar's 11.22 % change on previous year is above the median for Sub-Saharan Africa, which is 6.4 % change on previous year, 1.8× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Current prices, Domestic currency 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 |
|---|---|---|---|
| 2003 | +1823.5% | 0.6665 % change on previous year | 12.82 % change on previous year |
| 1979 | +464.2% | 3.95 % change on previous year | 22.3 % change on previous year |
| 2010 | +307.5% | 2.67 % change on previous year | 10.9 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.28 % change on previous year | 2.9 % change on previous year | 10.16 % change on previous year | 9 |
| 1970s | 10.43 % change on previous year | 3.94 % change on previous year | 22.35 % change on previous year | 10 |
| 1980s | 21.29 % change on previous year | 12.12 % change on previous year | 41.86 % change on previous year | 10 |
| 1990s | 19.82 % change on previous year | 6.62 % change on previous year | 47.61 % change on previous year | 10 |
| 2000s | 13.44 % change on previous year | 0.6665 % change on previous year | 23.75 % change on previous year | 10 |
| 2010s | 10.51 % change on previous year | 7.88 % change on previous year | 13.31 % change on previous year | 10 |
Countries ranked near Madagascar
- 28 Ukraine 11.63 % change on previous year compare
- 29 Pakistan 11.38 % change on previous year compare
- 30 Romania 11.36 % change on previous year compare
- 32 Mauritania 10.79 % change on previous year compare
- 33 Myanmar 10.76 % change on previous year compare
- 34 Cambodia 10.52 % change on previous year compare
More economy & growth data for Madagascar
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0109 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 6.53 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0245 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 14.7 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
- SDR Allocation, SDR, per unit of GDP 0.0179 units per US$ of GDP (2025)
- SDR Allocation, SDR, per capita 10.73 units per person (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Madagascar?
- Gross domestic product (gdp), current prices, domestic currency in Madagascar was 11.22 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Madagascar?
- The highest recorded value was 47.61 % change on previous year in 1995.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Madagascar?
- The lowest recorded value was 0.6665 % change on previous year in 2002.
- How does Madagascar rank for gross domestic product (gdp), current prices, domestic currency?
- Madagascar ranks 31st out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Madagascar?
- Over the last ten years it is up 319.5%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Current prices, Domestic currency International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.