Gross domestic product (GDP), Current prices, Domestic currency in Madagascar
Madagascar: Gross domestic product (GDP), Current prices, Domestic currency was 51,035 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Madagascar, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), current prices, domestic currency in Madagascar is 51,035, measured in 2019. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 11.2% on the previous year and up 171.3% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Madagascar peaked at 51,035 in 2019 and was at its lowest, 30.45, in 1960.
Madagascar ranks 25th of 194 countries on this measure, 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 | Value | Change |
|---|---|---|
| 1960 | 30.45 | — |
| 1961 | 31.75 | +4.3% |
| 1962 | 33.74 | +6.3% |
| 1963 | 34.72 | +2.9% |
| 1964 | 36.75 | +5.8% |
| 1965 | 37.94 | +3.2% |
| 1966 | 41.79 | +10.2% |
| 1967 | 44.77 | +7.1% |
| 1968 | 48.7 | +8.8% |
| 1969 | 52.57 | +8.0% |
| 1970 | 58.46 | +11.2% |
| 1971 | 63.07 | +7.9% |
| 1972 | 65.56 | +3.9% |
| 1973 | 71.42 | +8.9% |
| 1974 | 87.38 | +22.3% |
| 1975 | 92.63 | +6.0% |
| 1976 | 98.7 | +6.6% |
| 1977 | 109.72 | +11.2% |
| 1978 | 114.05 | +4.0% |
| 1979 | 139.48 | +22.3% |
| 1980 | 161.68 | +15.9% |
| 1981 | 184.93 | +14.4% |
| 1982 | 233.47 | +26.2% |
| 1983 | 286.21 | +22.6% |
| 1984 | 320.89 | +12.1% |
| 1985 | 364.09 | +13.5% |
| 1986 | 516.51 | +41.9% |
| 1987 | 642.96 | +24.5% |
| 1988 | 805.53 | +25.3% |
| 1989 | 938.78 | +16.5% |
| 1990 | 1,079 | +14.9% |
| 1991 | 1,150 | +6.6% |
| 1992 | 1,309 | +13.8% |
| 1993 | 1,498 | +14.4% |
| 1994 | 2,120 | +41.6% |
| 1995 | 3,130 | +47.6% |
| 1996 | 3,767 | +20.4% |
| 1997 | 4,191 | +11.3% |
| 1998 | 4,723 | +12.7% |
| 1999 | 5,429 | +15.0% |
| 2000 | 6,093 | +12.2% |
| 2001 | 6,929 | +13.7% |
| 2002 | 6,975 | +0.7% |
| 2003 | 7,870 | +12.8% |
| 2004 | 9,468 | +20.3% |
| 2005 | 11,717 | +23.7% |
| 2006 | 13,717 | +17.1% |
| 2007 | 15,974 | +16.5% |
| 2008 | 18,322 | +14.7% |
| 2009 | 18,813 | +2.7% |
| 2010 | 20,863 | +10.9% |
| 2011 | 23,394 | +12.1% |
| 2012 | 25,416 | +8.6% |
| 2013 | 27,418 | +7.9% |
| 2014 | 30,241 | +10.3% |
| 2015 | 33,216 | +9.8% |
| 2016 | 37,638 | +13.3% |
| 2017 | 41,059 | +9.1% |
| 2018 | 45,886 | +11.8% |
| 2019 | 51,035 | +11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 39.32 | 30.45 | 52.57 | 10 |
| 1970s | 90.05 | 58.46 | 139.48 | 10 |
| 1980s | 445.51 | 161.68 | 938.78 | 10 |
| 1990s | 2,840 | 1,079 | 5,429 | 10 |
| 2000s | 11,588 | 6,093 | 18,813 | 10 |
| 2010s | 33,617 | 20,863 | 51,035 | 10 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Exports of goods and services (current LCU), annual growth rate -0.8052 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 966.34 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 579,096 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 0.4559 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2748 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 164.67 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 14.77 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2104 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 126.06 current US$ per person (2025)
- Gross fixed capital formation (current LCU), per unit of GDP 952.89 current LCU per US$ of GDP (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 51,035 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Madagascar?
- The highest recorded value was 51,035 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Madagascar?
- The lowest recorded value was 30.45 in 1960.
- How does Madagascar rank for gross domestic product (gdp), current prices, domestic currency?
- Madagascar ranks 25th 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 171.3%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.