Gross domestic product (GDP), per unit of GDP in Madagascar
Madagascar: Gross domestic product (GDP), per unit of GDP was 3.12 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
3.12 international-$ in 2021 prices per US$ of GDP
Change on year
down 0.8%
World rank
22nd
of 180 countries
All-time high
14.22 international-$ in 2021 prices per US$ of GDP
in 1961
All-time low
2.87 international-$ in 2021 prices per US$ of GDP
in 1980
Years of data
64
1960–2023
Gross domestic product (GDP), per unit of GDP in Madagascar, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
The most recent figure for gross domestic product (gdp), per unit of gdp in Madagascar is 3.12 international-$ in 2021 prices per US$ of GDP, measured in 2023.
Compared with earlier readings it is down 0.8% on the previous year and down 10.6% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Madagascar peaked at 14.22 international-$ in 2021 prices per US$ of GDP in 1961 and was at its lowest, 2.87 international-$ in 2021 prices per US$ of GDP, in 1980.
Madagascar ranks 22nd of 180 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), per unit of GDP in Madagascar, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 14.13 international-$ in 2021 prices per US$ of GDP | — |
| 1961 | 14.22 international-$ in 2021 prices per US$ of GDP | +0.7% |
| 1962 | 14.08 international-$ in 2021 prices per US$ of GDP | -1.0% |
| 1963 | 13.7 international-$ in 2021 prices per US$ of GDP | -2.7% |
| 1964 | 13.18 international-$ in 2021 prices per US$ of GDP | -3.8% |
| 1965 | 12.55 international-$ in 2021 prices per US$ of GDP | -4.8% |
| 1966 | 12.19 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 1967 | 12.01 international-$ in 2021 prices per US$ of GDP | -1.4% |
| 1968 | 12.05 international-$ in 2021 prices per US$ of GDP | +0.3% |
| 1969 | 12.21 international-$ in 2021 prices per US$ of GDP | +1.3% |
| 1970 | 12.28 international-$ in 2021 prices per US$ of GDP | +0.5% |
| 1971 | 11.86 international-$ in 2021 prices per US$ of GDP | -3.4% |
| 1972 | 10.38 international-$ in 2021 prices per US$ of GDP | -12.5% |
| 1973 | 8.16 international-$ in 2021 prices per US$ of GDP | -21.4% |
| 1974 | 7.04 international-$ in 2021 prices per US$ of GDP | -13.6% |
| 1975 | 5.94 international-$ in 2021 prices per US$ of GDP | -15.7% |
| 1976 | 6.28 international-$ in 2021 prices per US$ of GDP | +5.8% |
| 1977 | 5.91 international-$ in 2021 prices per US$ of GDP | -5.9% |
| 1978 | 5.13 international-$ in 2021 prices per US$ of GDP | -13.1% |
| 1979 | 4.25 international-$ in 2021 prices per US$ of GDP | -17.3% |
| 1980 | 2.87 international-$ in 2021 prices per US$ of GDP | -32.4% |
| 1981 | 3.04 international-$ in 2021 prices per US$ of GDP | +5.8% |
| 1982 | 3.06 international-$ in 2021 prices per US$ of GDP | +0.8% |
| 1983 | 3.28 international-$ in 2021 prices per US$ of GDP | +7.2% |
| 1984 | 4.07 international-$ in 2021 prices per US$ of GDP | +23.9% |
| 1985 | 4.39 international-$ in 2021 prices per US$ of GDP | +7.9% |
| 1986 | 4.59 international-$ in 2021 prices per US$ of GDP | +4.6% |
| 1987 | 5.68 international-$ in 2021 prices per US$ of GDP | +23.8% |
| 1988 | 5.66 international-$ in 2021 prices per US$ of GDP | -0.3% |
| 1989 | 5.5 international-$ in 2021 prices per US$ of GDP | -2.8% |
| 1990 | 4.61 international-$ in 2021 prices per US$ of GDP | -16.2% |
| 1991 | 5.24 international-$ in 2021 prices per US$ of GDP | +13.6% |
| 1992 | 4.44 international-$ in 2021 prices per US$ of GDP | -15.3% |
| 1993 | 4.14 international-$ in 2021 prices per US$ of GDP | -6.7% |
| 1994 | 4.78 international-$ in 2021 prices per US$ of GDP | +15.4% |
| 1995 | 4.54 international-$ in 2021 prices per US$ of GDP | -5.0% |
| 1996 | 3.72 international-$ in 2021 prices per US$ of GDP | -18.1% |
| 1997 | 4.49 international-$ in 2021 prices per US$ of GDP | +20.8% |
| 1998 | 4.58 international-$ in 2021 prices per US$ of GDP | +2.1% |
| 1999 | 4.97 international-$ in 2021 prices per US$ of GDP | +8.5% |
| 2000 | 4.79 international-$ in 2021 prices per US$ of GDP | -3.8% |
| 2001 | 4.32 international-$ in 2021 prices per US$ of GDP | -9.8% |
| 2002 | 4.05 international-$ in 2021 prices per US$ of GDP | -6.1% |
| 2003 | 3.84 international-$ in 2021 prices per US$ of GDP | -5.4% |
| 2004 | 5.27 international-$ in 2021 prices per US$ of GDP | +37.3% |
| 2005 | 4.85 international-$ in 2021 prices per US$ of GDP | -7.9% |
| 2006 | 4.7 international-$ in 2021 prices per US$ of GDP | -3.1% |
| 2007 | 3.68 international-$ in 2021 prices per US$ of GDP | -21.7% |
| 2008 | 3.3 international-$ in 2021 prices per US$ of GDP | -10.4% |
| 2009 | 3.67 international-$ in 2021 prices per US$ of GDP | +11.3% |
| 2010 | 3.92 international-$ in 2021 prices per US$ of GDP | +6.8% |
| 2011 | 3.71 international-$ in 2021 prices per US$ of GDP | -5.3% |
| 2012 | 3.8 international-$ in 2021 prices per US$ of GDP | +2.4% |
| 2013 | 3.49 international-$ in 2021 prices per US$ of GDP | -8.0% |
| 2014 | 3.46 international-$ in 2021 prices per US$ of GDP | -0.9% |
| 2015 | 3.92 international-$ in 2021 prices per US$ of GDP | +13.4% |
| 2016 | 3.93 international-$ in 2021 prices per US$ of GDP | +0.2% |
| 2017 | 3.49 international-$ in 2021 prices per US$ of GDP | -11.2% |
| 2018 | 3.27 international-$ in 2021 prices per US$ of GDP | -6.4% |
| 2019 | 3.42 international-$ in 2021 prices per US$ of GDP | +4.5% |
| 2020 | 3.43 international-$ in 2021 prices per US$ of GDP | +0.4% |
| 2021 | 3.28 international-$ in 2021 prices per US$ of GDP | -4.4% |
| 2022 | 3.15 international-$ in 2021 prices per US$ of GDP | -3.9% |
| 2023 | 3.12 international-$ in 2021 prices per US$ of GDP | -0.8% |
Madagascar compared with similar countries
- Madagascar's 3.12 international-$ in 2021 prices per US$ of GDP is above the median for low income countries, which is 2.73 international-$ in 2021 prices per US$ of GDP, 1.1× the median. (22 countries reporting)
- Madagascar's 3.12 international-$ in 2021 prices per US$ of GDP is above the median for Sub-Saharan Africa, which is 2.51 international-$ in 2021 prices per US$ of GDP, 1.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.03 international-$ in 2021 prices per US$ of GDP | 12.01 international-$ in 2021 prices per US$ of GDP | 14.22 international-$ in 2021 prices per US$ of GDP | 10 |
| 1970s | 7.72 international-$ in 2021 prices per US$ of GDP | 4.25 international-$ in 2021 prices per US$ of GDP | 12.28 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 4.21 international-$ in 2021 prices per US$ of GDP | 2.87 international-$ in 2021 prices per US$ of GDP | 5.68 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 4.55 international-$ in 2021 prices per US$ of GDP | 3.72 international-$ in 2021 prices per US$ of GDP | 5.24 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 4.25 international-$ in 2021 prices per US$ of GDP | 3.3 international-$ in 2021 prices per US$ of GDP | 5.27 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 3.64 international-$ in 2021 prices per US$ of GDP | 3.27 international-$ in 2021 prices per US$ of GDP | 3.93 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 3.24 international-$ in 2021 prices per US$ of GDP | 3.12 international-$ in 2021 prices per US$ of GDP | 3.43 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Madagascar
- 19 Gambia 3.21 international-$ in 2021 prices per US$ of GDP compare
- 20 Sudan 3.2 international-$ in 2021 prices per US$ of GDP compare
- 21 Thailand 3.19 international-$ in 2021 prices per US$ of GDP compare
- 23 Bangladesh 3.11 international-$ in 2021 prices per US$ of GDP compare
- 24 Tunisia 3.07 international-$ in 2021 prices per US$ of GDP compare
- 25 Vietnam 3.02 international-$ in 2021 prices per US$ of GDP 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 unit of gdp in Madagascar?
- Gross domestic product (gdp), per unit of gdp in Madagascar was 3.12 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Madagascar?
- The highest recorded value was 14.22 international-$ in 2021 prices per US$ of GDP in 1961.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Madagascar?
- The lowest recorded value was 2.87 international-$ in 2021 prices per US$ of GDP in 1980.
- How does Madagascar rank for gross domestic product (gdp), per unit of gdp?
- Madagascar ranks 22nd out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Madagascar?
- Over the last ten years it is down 10.6%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.