Gross Domestic Product, GDP in millions constant 2021 international $ in Madagascar
Madagascar: Gross Domestic Product, GDP in millions constant 2021 international $ was 60,204 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Madagascar, 1991–2027
Source: International Labour Organization.
Analysis
Madagascar recorded 60,204 for gross domestic product, gdp in millions constant 2021 international $ in 2027. That is the highest value across all 37 years on record.
The figure is up 4.9% on the previous year and up 34.6% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Madagascar peaked at 60,204 in 2027 and was at its lowest, 22,232, in 1991.
Madagascar ranks 124th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 22,232 | — |
| 1992 | 22,495 | +1.2% |
| 1993 | 22,967 | +2.1% |
| 1994 | 22,958 | -0.0% |
| 1995 | 23,343 | +1.7% |
| 1996 | 23,846 | +2.2% |
| 1997 | 24,727 | +3.7% |
| 1998 | 25,695 | +3.9% |
| 1999 | 26,903 | +4.7% |
| 2000 | 28,102 | +4.5% |
| 2001 | 29,782 | +6.0% |
| 2002 | 26,087 | -12.4% |
| 2003 | 28,639 | +9.8% |
| 2004 | 30,145 | +5.3% |
| 2005 | 31,579 | +4.8% |
| 2006 | 33,283 | +5.4% |
| 2007 | 35,184 | +5.7% |
| 2008 | 37,546 | +6.7% |
| 2009 | 36,052 | -4.0% |
| 2010 | 36,275 | +0.6% |
| 2011 | 36,848 | +1.6% |
| 2012 | 37,957 | +3.0% |
| 2013 | 38,830 | +2.3% |
| 2014 | 40,127 | +3.3% |
| 2015 | 41,384 | +3.1% |
| 2016 | 43,036 | +4.0% |
| 2017 | 44,729 | +3.9% |
| 2018 | 46,158 | +3.2% |
| 2019 | 48,194 | +4.4% |
| 2020 | 44,754 | -7.1% |
| 2021 | 46,836 | +4.7% |
| 2022 | 48,782 | +4.2% |
| 2023 | 50,832 | +4.2% |
| 2024 | 52,967 | +4.2% |
| 2025 | 55,006 | +3.8% |
| 2026 | 57,384 | +4.3% |
| 2027 | 60,204 | +4.9% |
Madagascar compared with similar countries
- Madagascar's 60,204 is above the median for low income countries, which is 57,463, 1.0× the median. (25 countries reporting)
- Madagascar's 60,204 is above the median for Sub-Saharan Africa, which is 55,772, 1.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23,907 | 22,232 | 26,903 | 9 |
| 2000s | 31,640 | 26,087 | 37,546 | 10 |
| 2010s | 41,354 | 36,275 | 48,194 | 10 |
| 2020s | 52,096 | 44,754 | 60,204 | 8 |
Countries ranked near Madagascar
- 121 Burkina Faso 68,429 compare
- 122 Zimbabwe 65,767 compare
- 123 Kyrgyzstan 61,217 compare
- 125 Tajikistan 59,810 compare
- 126 Niger 59,502 compare
- 127 Estonia 59,287 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 60,204 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Madagascar?
- The highest recorded value was 60,204 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Madagascar?
- The lowest recorded value was 22,232 in 1991.
- How does Madagascar rank for gross domestic product, gdp in millions constant 2021 international $?
- Madagascar ranks 124th out of 188 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 34.6%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.