Gross Domestic Product — Value Standard Local Currency, 2015 prices in Madagascar
Madagascar: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 70.13 million SLC per square kilometre in 2023. ▲ Rising
Latest (2023)
70.13 million SLC per square kilometre
Change on year
up 4.2%
World rank
40th
of 194 countries
All-time high
70.13 million SLC per square kilometre
in 2023
All-time low
27.58 million SLC per square kilometre
in 1982
Years of data
54
1970–2023
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Madagascar, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross domestic product — value standard local currency, 2015 prices in Madagascar stood at 70.13 million SLC per square kilometre. That is the highest value across all 54 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 — value standard local currency, 2015 prices in Madagascar peaked at 70.13 million SLC per square kilometre in 2023 and was at its lowest, 27.58 million SLC per square kilometre, in 1982.
Madagascar ranks 40th of 194 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Madagascar, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 27.86 million SLC per square kilometre | — |
| 1971 | 29.04 million SLC per square kilometre | +4.3% |
| 1972 | 28.68 million SLC per square kilometre | -1.3% |
| 1973 | 28.05 million SLC per square kilometre | -2.2% |
| 1974 | 28.4 million SLC per square kilometre | +1.2% |
| 1975 | 28.75 million SLC per square kilometre | +1.3% |
| 1976 | 27.87 million SLC per square kilometre | -3.1% |
| 1977 | 28.53 million SLC per square kilometre | +2.4% |
| 1978 | 27.78 million SLC per square kilometre | -2.6% |
| 1979 | 30.51 million SLC per square kilometre | +9.8% |
| 1980 | 30.75 million SLC per square kilometre | +0.8% |
| 1981 | 28.09 million SLC per square kilometre | -8.6% |
| 1982 | 27.58 million SLC per square kilometre | -1.8% |
| 1983 | 27.8 million SLC per square kilometre | +0.8% |
| 1984 | 28.28 million SLC per square kilometre | +1.7% |
| 1985 | 28.61 million SLC per square kilometre | +1.2% |
| 1986 | 29.17 million SLC per square kilometre | +2.0% |
| 1987 | 29.51 million SLC per square kilometre | +1.2% |
| 1988 | 30.51 million SLC per square kilometre | +3.4% |
| 1989 | 31.76 million SLC per square kilometre | +4.1% |
| 1990 | 32.75 million SLC per square kilometre | +3.1% |
| 1991 | 30.69 million SLC per square kilometre | -6.3% |
| 1992 | 31.05 million SLC per square kilometre | +1.2% |
| 1993 | 31.7 million SLC per square kilometre | +2.1% |
| 1994 | 31.68 million SLC per square kilometre | -0.1% |
| 1995 | 32.22 million SLC per square kilometre | +1.7% |
| 1996 | 32.91 million SLC per square kilometre | +2.1% |
| 1997 | 34.13 million SLC per square kilometre | +3.7% |
| 1998 | 35.47 million SLC per square kilometre | +3.9% |
| 1999 | 37.13 million SLC per square kilometre | +4.7% |
| 2000 | 38.89 million SLC per square kilometre | +4.7% |
| 2001 | 41.22 million SLC per square kilometre | +6.0% |
| 2002 | 36.01 million SLC per square kilometre | -12.7% |
| 2003 | 39.53 million SLC per square kilometre | +9.8% |
| 2004 | 41.61 million SLC per square kilometre | +5.3% |
| 2005 | 43.52 million SLC per square kilometre | +4.6% |
| 2006 | 45.71 million SLC per square kilometre | +5.0% |
| 2007 | 48.56 million SLC per square kilometre | +6.2% |
| 2008 | 51.82 million SLC per square kilometre | +6.7% |
| 2009 | 49.76 million SLC per square kilometre | -4.0% |
| 2010 | 50.07 million SLC per square kilometre | +0.6% |
| 2011 | 50.83 million SLC per square kilometre | +1.5% |
| 2012 | 52.37 million SLC per square kilometre | +3.0% |
| 2013 | 53.57 million SLC per square kilometre | +2.3% |
| 2014 | 55.36 million SLC per square kilometre | +3.3% |
| 2015 | 57.09 million SLC per square kilometre | +3.1% |
| 2016 | 59.37 million SLC per square kilometre | +4.0% |
| 2017 | 61.71 million SLC per square kilometre | +3.9% |
| 2018 | 63.68 million SLC per square kilometre | +3.2% |
| 2019 | 66.49 million SLC per square kilometre | +4.4% |
| 2020 | 61.74 million SLC per square kilometre | -7.1% |
| 2021 | 64.61 million SLC per square kilometre | +4.7% |
| 2022 | 67.3 million SLC per square kilometre | +4.2% |
| 2023 | 70.13 million SLC per square kilometre | +4.2% |
Madagascar compared with similar countries
- Madagascar's 70.13 million SLC per square kilometre is above the median for low income countries, which is 8.25 million SLC per square kilometre, 8.5× the median. (23 countries reporting)
- Madagascar's 70.13 million SLC per square kilometre is above the median for Sub-Saharan Africa, which is 10.61 million SLC per square kilometre, 6.6× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.55 million SLC per square kilometre | 27.78 million SLC per square kilometre | 30.51 million SLC per square kilometre | 10 |
| 1980s | 29.21 million SLC per square kilometre | 27.58 million SLC per square kilometre | 31.76 million SLC per square kilometre | 10 |
| 1990s | 32.97 million SLC per square kilometre | 30.69 million SLC per square kilometre | 37.13 million SLC per square kilometre | 10 |
| 2000s | 43.66 million SLC per square kilometre | 36.01 million SLC per square kilometre | 51.82 million SLC per square kilometre | 10 |
| 2010s | 57.05 million SLC per square kilometre | 50.07 million SLC per square kilometre | 66.49 million SLC per square kilometre | 10 |
| 2020s | 65.95 million SLC per square kilometre | 61.74 million SLC per square kilometre | 70.13 million SLC per square kilometre | 4 |
Countries ranked near Madagascar
- 37 Senegal 81.03 million SLC per square kilometre compare
- 38 Israel 75.1 million SLC per square kilometre compare
- 39 India 70.81 million SLC per square kilometre compare
- 41 Czechia 70.11 million SLC per square kilometre compare
- 42 Albania 68.09 million SLC per square kilometre compare
- 43 Serbia 66.25 million SLC 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 — value standard local currency, 2015 prices in Madagascar?
- Gross domestic product — value standard local currency, 2015 prices in Madagascar was 70.13 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Madagascar?
- The highest recorded value was 70.13 million SLC per square kilometre in 2023.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Madagascar?
- The lowest recorded value was 27.58 million SLC per square kilometre in 1982.
- How does Madagascar rank for gross domestic product — value standard local currency, 2015 prices?
- Madagascar ranks 40th out of 194 countries with data for 2023.
- Is gross domestic product — value standard local currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices 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.