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% |
Madagascar compared with similar countries
- Madagascar's 51,035 is above the median for low income countries, which is 6,108, 8.4× the median. (24 countries reporting)
- Madagascar's 51,035 is above the median for Sub-Saharan Africa, which is 5,309, 9.6× the median. (48 countries reporting)
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
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (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.
Download this data
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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.