Gross domestic product (GDP), per capita in Madagascar
Madagascar: Gross domestic product (GDP), per capita was 1,606 international-$ in 2021 prices per person in 2023. ▼ Falling
Latest (2023)
1,606 international-$ in 2021 prices per person
Change on year
up 1.2%
World rank
174th
of 181 countries
All-time high
2,072 international-$ in 2021 prices per person
in 1971
All-time low
1,236 international-$ in 2021 prices per person
in 1994
Years of data
64
1960–2023
Gross domestic product (GDP), per capita in Madagascar, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per person.
Analysis
Madagascar recorded 1,606 international-$ in 2021 prices per person for gross domestic product (gdp), per capita in 2023.
Compared with earlier readings it is up 1.2% on the previous year and down 10.8% over ten years.
Over the whole period, gross domestic product (gdp), per capita in Madagascar peaked at 2,072 international-$ in 2021 prices per person in 1971 and was at its lowest, 1,236 international-$ in 2021 prices per person, in 1994.
Madagascar ranks 174th of 181 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Gross domestic product (GDP), per capita in Madagascar, year by year
| Year | international-$ in 2021 prices per person | Change |
|---|---|---|
| 1960 | 1,861 international-$ in 2021 prices per person | — |
| 1961 | 1,896 international-$ in 2021 prices per person | +1.9% |
| 1962 | 1,933 international-$ in 2021 prices per person | +2.0% |
| 1963 | 1,883 international-$ in 2021 prices per person | -2.6% |
| 1964 | 1,866 international-$ in 2021 prices per person | -0.9% |
| 1965 | 1,798 international-$ in 2021 prices per person | -3.6% |
| 1966 | 1,836 international-$ in 2021 prices per person | +2.1% |
| 1967 | 1,872 international-$ in 2021 prices per person | +1.9% |
| 1968 | 1,971 international-$ in 2021 prices per person | +5.3% |
| 1969 | 1,989 international-$ in 2021 prices per person | +0.9% |
| 1970 | 2,046 international-$ in 2021 prices per person | +2.9% |
| 1971 | 2,072 international-$ in 2021 prices per person | +1.3% |
| 1972 | 1,968 international-$ in 2021 prices per person | -5.0% |
| 1973 | 1,850 international-$ in 2021 prices per person | -6.0% |
| 1974 | 1,799 international-$ in 2021 prices per person | -2.8% |
| 1975 | 1,752 international-$ in 2021 prices per person | -2.6% |
| 1976 | 1,719 international-$ in 2021 prices per person | -1.9% |
| 1977 | 1,696 international-$ in 2021 prices per person | -1.3% |
| 1978 | 1,617 international-$ in 2021 prices per person | -4.6% |
| 1979 | 1,684 international-$ in 2021 prices per person | +4.1% |
| 1980 | 1,660 international-$ in 2021 prices per person | -1.5% |
| 1981 | 1,560 international-$ in 2021 prices per person | -6.0% |
| 1982 | 1,534 international-$ in 2021 prices per person | -1.6% |
| 1983 | 1,563 international-$ in 2021 prices per person | +1.9% |
| 1984 | 1,568 international-$ in 2021 prices per person | +0.3% |
| 1985 | 1,599 international-$ in 2021 prices per person | +2.0% |
| 1986 | 1,858 international-$ in 2021 prices per person | +16.2% |
| 1987 | 1,652 international-$ in 2021 prices per person | -11.1% |
| 1988 | 1,588 international-$ in 2021 prices per person | -3.9% |
| 1989 | 1,492 international-$ in 2021 prices per person | -6.0% |
| 1990 | 1,504 international-$ in 2021 prices per person | +0.8% |
| 1991 | 1,372 international-$ in 2021 prices per person | -8.7% |
| 1992 | 1,288 international-$ in 2021 prices per person | -6.2% |
| 1993 | 1,275 international-$ in 2021 prices per person | -1.0% |
| 1994 | 1,236 international-$ in 2021 prices per person | -3.0% |
| 1995 | 1,240 international-$ in 2021 prices per person | +0.3% |
| 1996 | 1,263 international-$ in 2021 prices per person | +1.9% |
| 1997 | 1,277 international-$ in 2021 prices per person | +1.0% |
| 1998 | 1,302 international-$ in 2021 prices per person | +2.0% |
| 1999 | 1,330 international-$ in 2021 prices per person | +2.1% |
| 2000 | 1,341 international-$ in 2021 prices per person | +0.9% |
| 2001 | 1,379 international-$ in 2021 prices per person | +2.8% |
| 2002 | 1,236 international-$ in 2021 prices per person | -10.3% |
| 2003 | 1,353 international-$ in 2021 prices per person | +9.4% |
| 2004 | 1,434 international-$ in 2021 prices per person | +6.0% |
| 2005 | 1,483 international-$ in 2021 prices per person | +3.4% |
| 2006 | 1,524 international-$ in 2021 prices per person | +2.7% |
| 2007 | 1,544 international-$ in 2021 prices per person | +1.3% |
| 2008 | 1,690 international-$ in 2021 prices per person | +9.5% |
| 2009 | 1,639 international-$ in 2021 prices per person | -3.0% |
| 2010 | 1,764 international-$ in 2021 prices per person | +7.7% |
| 2011 | 1,878 international-$ in 2021 prices per person | +6.5% |
| 2012 | 1,875 international-$ in 2021 prices per person | -0.2% |
| 2013 | 1,800 international-$ in 2021 prices per person | -4.0% |
| 2014 | 1,751 international-$ in 2021 prices per person | -2.7% |
| 2015 | 1,748 international-$ in 2021 prices per person | -0.2% |
| 2016 | 1,785 international-$ in 2021 prices per person | +2.1% |
| 2017 | 1,717 international-$ in 2021 prices per person | -3.8% |
| 2018 | 1,636 international-$ in 2021 prices per person | -4.7% |
| 2019 | 1,707 international-$ in 2021 prices per person | +4.4% |
| 2020 | 1,546 international-$ in 2021 prices per person | -9.5% |
| 2021 | 1,585 international-$ in 2021 prices per person | +2.5% |
| 2022 | 1,587 international-$ in 2021 prices per person | +0.2% |
| 2023 | 1,606 international-$ in 2021 prices per person | +1.2% |
Madagascar compared with similar countries
- Madagascar's 1,606 international-$ in 2021 prices per person is below the median for low income countries, which is 2,042 international-$ in 2021 prices per person, 79% of the median. (22 countries reporting)
- Madagascar's 1,606 international-$ in 2021 prices per person is below the median for Sub-Saharan Africa, which is 3,431 international-$ in 2021 prices per person, 47% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1,891 international-$ in 2021 prices per person | 1,798 international-$ in 2021 prices per person | 1,989 international-$ in 2021 prices per person | 10 |
| 1970s | 1,820 international-$ in 2021 prices per person | 1,617 international-$ in 2021 prices per person | 2,072 international-$ in 2021 prices per person | 10 |
| 1980s | 1,607 international-$ in 2021 prices per person | 1,492 international-$ in 2021 prices per person | 1,858 international-$ in 2021 prices per person | 10 |
| 1990s | 1,309 international-$ in 2021 prices per person | 1,236 international-$ in 2021 prices per person | 1,504 international-$ in 2021 prices per person | 10 |
| 2000s | 1,462 international-$ in 2021 prices per person | 1,236 international-$ in 2021 prices per person | 1,690 international-$ in 2021 prices per person | 10 |
| 2010s | 1,766 international-$ in 2021 prices per person | 1,636 international-$ in 2021 prices per person | 1,878 international-$ in 2021 prices per person | 10 |
| 2020s | 1,581 international-$ in 2021 prices per person | 1,546 international-$ in 2021 prices per person | 1,606 international-$ in 2021 prices per person | 4 |
Countries ranked near Madagascar
- 171 Niger 1,919 international-$ in 2021 prices per person compare
- 172 Malawi 1,748 international-$ in 2021 prices per person compare
- 173 Liberia 1,666 international-$ in 2021 prices per person compare
- 175 Mozambique 1,543 international-$ in 2021 prices per person compare
- 176 Somalia 1,391 international-$ in 2021 prices per person compare
- 177 Central African Republic 1,098 international-$ in 2021 prices per person 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), per capita in Madagascar?
- Gross domestic product (gdp), per capita in Madagascar was 1,606 international-$ in 2021 prices per person in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per capita recorded in Madagascar?
- The highest recorded value was 2,072 international-$ in 2021 prices per person in 1971.
- What is the lowest gross domestic product (gdp), per capita recorded in Madagascar?
- The lowest recorded value was 1,236 international-$ in 2021 prices per person in 1994.
- How does Madagascar rank for gross domestic product (gdp), per capita?
- Madagascar ranks 174th out of 181 countries with data for 2023.
- Is gross domestic product (gdp), per capita rising or falling in Madagascar?
- Over the last ten years it is down 10.8%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ Population, total
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- Population, total World Population Prospects, United Nations (UN)
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) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.