Gross Domestic Product, GDP in millions constant 2021 international $ in Madagascar
Madagascar: Gross Domestic Product, GDP in millions constant 2021 international $ was 0.0874 units per square kilometre in 2023. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Madagascar, 1991–2023
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
Madagascar recorded 0.0874 units per square kilometre for gross domestic product, gdp in millions constant 2021 international $ in 2023. That is the highest value across all 33 years on record.
That represents a change of up 4.2% on the previous year and up 30.9% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Madagascar peaked at 0.0874 units per square kilometre in 2023 and was at its lowest, 0.0382 units per square kilometre, in 1991.
That places Madagascar 168th out of 186 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Madagascar, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1991 | 0.0382 units per square kilometre | — |
| 1992 | 0.0387 units per square kilometre | +1.2% |
| 1993 | 0.0395 units per square kilometre | +2.1% |
| 1994 | 0.0395 units per square kilometre | -0.0% |
| 1995 | 0.0401 units per square kilometre | +1.7% |
| 1996 | 0.041 units per square kilometre | +2.2% |
| 1997 | 0.0425 units per square kilometre | +3.7% |
| 1998 | 0.0442 units per square kilometre | +3.9% |
| 1999 | 0.0463 units per square kilometre | +4.7% |
| 2000 | 0.0483 units per square kilometre | +4.5% |
| 2001 | 0.0512 units per square kilometre | +6.0% |
| 2002 | 0.0449 units per square kilometre | -12.4% |
| 2003 | 0.0492 units per square kilometre | +9.8% |
| 2004 | 0.0518 units per square kilometre | +5.3% |
| 2005 | 0.0543 units per square kilometre | +4.8% |
| 2006 | 0.0572 units per square kilometre | +5.4% |
| 2007 | 0.0605 units per square kilometre | +5.7% |
| 2008 | 0.0646 units per square kilometre | +6.7% |
| 2009 | 0.062 units per square kilometre | -4.0% |
| 2010 | 0.0624 units per square kilometre | +0.6% |
| 2011 | 0.0633 units per square kilometre | +1.5% |
| 2012 | 0.0652 units per square kilometre | +3.0% |
| 2013 | 0.0667 units per square kilometre | +2.3% |
| 2014 | 0.069 units per square kilometre | +3.3% |
| 2015 | 0.0711 units per square kilometre | +3.1% |
| 2016 | 0.074 units per square kilometre | +4.0% |
| 2017 | 0.0769 units per square kilometre | +3.9% |
| 2018 | 0.0793 units per square kilometre | +3.2% |
| 2019 | 0.0828 units per square kilometre | +4.4% |
| 2020 | 0.0769 units per square kilometre | -7.1% |
| 2021 | 0.0805 units per square kilometre | +4.7% |
| 2022 | 0.0838 units per square kilometre | +4.2% |
| 2023 | 0.0874 units per square kilometre | +4.2% |
Madagascar compared with similar countries
- Madagascar's 0.0874 units per square kilometre is below the median for low income countries, which is 0.1359 units per square kilometre, 64% of the median. (25 countries reporting)
- Madagascar's 0.0874 units per square kilometre is below the median for Sub-Saharan Africa, which is 0.2304 units per square kilometre, 38% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0411 units per square kilometre | 0.0382 units per square kilometre | 0.0463 units per square kilometre | 9 |
| 2000s | 0.0544 units per square kilometre | 0.0449 units per square kilometre | 0.0646 units per square kilometre | 10 |
| 2010s | 0.0711 units per square kilometre | 0.0624 units per square kilometre | 0.0828 units per square kilometre | 10 |
| 2020s | 0.0822 units per square kilometre | 0.0769 units per square kilometre | 0.0874 units per square kilometre | 4 |
Countries ranked near Madagascar
- 165 Zambia 0.1024 units per square kilometre compare
- 166 Papua New Guinea 0.0965 units per square kilometre compare
- 167 Liberia 0.0922 units per square kilometre compare
- 169 Vanuatu 0.0845 units per square kilometre compare
- 170 Sudan 0.0835 units per square kilometre compare
- 171 Botswana 0.0829 units per square kilometre 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 gross domestic product, gdp in millions constant 2021 international $ in Madagascar?
- Gross domestic product, gdp in millions constant 2021 international $ in Madagascar was 0.0874 units per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Madagascar?
- The highest recorded value was 0.0874 units per square kilometre in 2023.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Madagascar?
- The lowest recorded value was 0.0382 units per square kilometre in 1991.
- How does Madagascar rank for gross domestic product, gdp in millions constant 2021 international $?
- Madagascar ranks 168th out of 186 countries with data for 2023.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Madagascar?
- Over the last ten years it is up 30.9%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), per square kilometre. Statizoid updates them automatically from the source API.
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CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) ÷ Land area (sq. km)
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.