Gross Domestic Product, GDP in millions constant 2021 … annual in Madagascar
Madagascar: Gross Domestic Product, GDP in millions constant 2021 … annual was 4.91 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Madagascar, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Madagascar recorded 4.91 % change on previous year for gross domestic product, gdp in millions constant 2021 international $ in 2027.
The figure is up 13.7% on the previous year and up 24.9% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Madagascar peaked at 9.79 % change on previous year in 2003 and was at its lowest, -12.41 % change on previous year, in 2002.
That places Madagascar 34th out of 189 countries with data for 2027, 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 in millions constant 2021 … annual in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 1.18 % change on previous year | — |
| 1993 | 2.1 % change on previous year | +77.9% |
| 1994 | -0.0422 % change on previous year | -102.0% |
| 1995 | 1.68 % change on previous year | -4074.9% |
| 1996 | 2.15 % change on previous year | +28.3% |
| 1997 | 3.69 % change on previous year | +71.5% |
| 1998 | 3.92 % change on previous year | +6.0% |
| 1999 | 4.7 % change on previous year | +20.0% |
| 2000 | 4.46 % change on previous year | -5.2% |
| 2001 | 5.98 % change on previous year | +34.2% |
| 2002 | -12.41 % change on previous year | -307.5% |
| 2003 | 9.79 % change on previous year | -178.9% |
| 2004 | 5.26 % change on previous year | -46.3% |
| 2005 | 4.76 % change on previous year | -9.5% |
| 2006 | 5.4 % change on previous year | +13.5% |
| 2007 | 5.71 % change on previous year | +5.8% |
| 2008 | 6.71 % change on previous year | +17.6% |
| 2009 | -3.98 % change on previous year | -159.3% |
| 2010 | 0.6194 % change on previous year | -115.6% |
| 2011 | 1.58 % change on previous year | +154.8% |
| 2012 | 3.01 % change on previous year | +90.8% |
| 2013 | 2.3 % change on previous year | -23.6% |
| 2014 | 3.34 % change on previous year | +45.1% |
| 2015 | 3.13 % change on previous year | -6.2% |
| 2016 | 3.99 % change on previous year | +27.5% |
| 2017 | 3.93 % change on previous year | -1.5% |
| 2018 | 3.19 % change on previous year | -18.8% |
| 2019 | 4.41 % change on previous year | +38.1% |
| 2020 | -7.14 % change on previous year | -261.8% |
| 2021 | 4.65 % change on previous year | -165.2% |
| 2022 | 4.16 % change on previous year | -10.6% |
| 2023 | 4.2 % change on previous year | +1.1% |
| 2024 | 4.2 % change on previous year | -0.1% |
| 2025 | 3.85 % change on previous year | -8.4% |
| 2026 | 4.32 % change on previous year | +12.3% |
| 2027 | 4.91 % change on previous year | +13.7% |
Madagascar compared with similar countries
- Madagascar's 4.91 % change on previous year is above the median for low income countries, which is 4.7 % change on previous year, 1.0× the median. (25 countries reporting)
- Madagascar's 4.91 % change on previous year is above the median for Sub-Saharan Africa, which is 4.33 % change on previous year, 1.1× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 … annual 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 |
|---|---|---|---|
| 1995 | +4074.9% | -0.0422 % change on previous year | 1.68 % change on previous year |
| 2002 | -307.5% | 5.98 % change on previous year | -12.41 % change on previous year |
| 2020 | -261.8% | 4.41 % change on previous year | -7.14 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.42 % change on previous year | -0.0422 % change on previous year | 4.7 % change on previous year | 8 |
| 2000s | 3.17 % change on previous year | -12.41 % change on previous year | 9.79 % change on previous year | 10 |
| 2010s | 2.95 % change on previous year | 0.6194 % change on previous year | 4.41 % change on previous year | 10 |
| 2020s | 2.89 % change on previous year | -7.14 % change on previous year | 4.91 % change on previous year | 8 |
Countries ranked near Madagascar
- 31 Guinea-Bissau 5 % change on previous year compare
- 32 Indonesia 4.96 % change on previous year compare
- 33 Ghana 4.95 % change on previous year compare
- 35 Dominican Republic 4.91 % change on previous year compare
- 36 Cape Verde 4.85 % change on previous year compare
- 37 Tajikistan 4.8 % change on previous year compare
More economy & growth data for Madagascar
- Real gdp growth, annual growth rate 2.17 % change on previous year (2024)
- 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)
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 4.91 % change on previous year in 2027, 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 9.79 % change on previous year in 2003.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Madagascar?
- The lowest recorded value was -12.41 % change on previous year in 2002.
- How does Madagascar rank for gross domestic product, gdp in millions constant 2021 international $?
- Madagascar ranks 34th out of 189 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Madagascar?
- Over the last ten years it is up 24.9%. 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 in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 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 in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
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 in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.