Gross Domestic Product — Value US$, 2015 prices, per capita in Madagascar
Madagascar: Gross Domestic Product — Value US$, 2015 prices, per capita was 0.0005 million USD per person in 2024. ▼ Falling
Latest (2024)
0.0005 million USD per person
Change on year
up 1.7%
World rank
190th
of 194 countries
All-time high
0.0008 million USD per person
in 1971
All-time low
0.0004 million USD per person
in 2002
Years of data
55
1970–2024
Gross Domestic Product — Value US$, 2015 prices, per capita in Madagascar, 1970–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
In 2024, gross domestic product — value us$, 2015 prices, per capita in Madagascar stood at 0.0005 million USD per person.
That represents a change of up 1.7% on the previous year and up 2.3% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, per capita in Madagascar peaked at 0.0008 million USD per person in 1971 and was at its lowest, 0.0004 million USD per person, in 2002.
That places Madagascar 190th out of 194 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices, per capita in Madagascar, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1970 | 0.0008 million USD per person | — |
| 1971 | 0.0008 million USD per person | +1.3% |
| 1972 | 0.0008 million USD per person | -4.1% |
| 1973 | 0.0008 million USD per person | -5.0% |
| 1974 | 0.0007 million USD per person | -1.8% |
| 1975 | 0.0007 million USD per person | -1.7% |
| 1976 | 0.0007 million USD per person | -6.0% |
| 1977 | 0.0007 million USD per person | -0.7% |
| 1978 | 0.0006 million USD per person | -5.5% |
| 1979 | 0.0007 million USD per person | +6.5% |
| 1980 | 0.0007 million USD per person | -2.2% |
| 1981 | 0.0006 million USD per person | -11.3% |
| 1982 | 0.0006 million USD per person | -4.7% |
| 1983 | 0.0006 million USD per person | -2.1% |
| 1984 | 0.0006 million USD per person | -1.2% |
| 1985 | 0.0005 million USD per person | -1.7% |
| 1986 | 0.0005 million USD per person | -0.9% |
| 1987 | 0.0005 million USD per person | -1.7% |
| 1988 | 0.0005 million USD per person | +0.5% |
| 1989 | 0.0005 million USD per person | +1.1% |
| 1990 | 0.0005 million USD per person | +0.1% |
| 1991 | 0.0005 million USD per person | -9.1% |
| 1992 | 0.0005 million USD per person | -1.8% |
| 1993 | 0.0005 million USD per person | -1.0% |
| 1994 | 0.0005 million USD per person | -3.1% |
| 1995 | 0.0005 million USD per person | -1.5% |
| 1996 | 0.0004 million USD per person | -1.1% |
| 1997 | 0.0005 million USD per person | +0.4% |
| 1998 | 0.0005 million USD per person | +0.6% |
| 1999 | 0.0005 million USD per person | +1.4% |
| 2000 | 0.0005 million USD per person | +1.5% |
| 2001 | 0.0005 million USD per person | +2.8% |
| 2002 | 0.0004 million USD per person | -15.2% |
| 2003 | 0.0004 million USD per person | +6.6% |
| 2004 | 0.0004 million USD per person | +2.2% |
| 2005 | 0.0005 million USD per person | +1.6% |
| 2006 | 0.0005 million USD per person | +2.0% |
| 2007 | 0.0005 million USD per person | +3.2% |
| 2008 | 0.0005 million USD per person | +3.6% |
| 2009 | 0.0005 million USD per person | -6.8% |
| 2010 | 0.0004 million USD per person | -2.3% |
| 2011 | 0.0004 million USD per person | -1.3% |
| 2012 | 0.0004 million USD per person | +0.2% |
| 2013 | 0.0004 million USD per person | -0.4% |
| 2014 | 0.0004 million USD per person | +0.6% |
| 2015 | 0.0004 million USD per person | +0.4% |
| 2016 | 0.0005 million USD per person | +1.3% |
| 2017 | 0.0005 million USD per person | +1.3% |
| 2018 | 0.0005 million USD per person | +0.5% |
| 2019 | 0.0005 million USD per person | +1.7% |
| 2020 | 0.0004 million USD per person | -9.5% |
| 2021 | 0.0004 million USD per person | +2.1% |
| 2022 | 0.0004 million USD per person | +1.6% |
| 2023 | 0.0004 million USD per person | +1.7% |
| 2024 | 0.0005 million USD per person | +1.7% |
Madagascar compared with similar countries
- Madagascar's 0.0005 million USD per person is below the median for low income countries, which is 0.0007 million USD per person, 63% of the median. (23 countries reporting)
- Madagascar's 0.0005 million USD per person is below the median for Sub-Saharan Africa, which is 0.0013 million USD per person, 34% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0007 million USD per person | 0.0006 million USD per person | 0.0008 million USD per person | 10 |
| 1980s | 0.0006 million USD per person | 0.0005 million USD per person | 0.0007 million USD per person | 10 |
| 1990s | 0.0005 million USD per person | 0.0004 million USD per person | 0.0005 million USD per person | 10 |
| 2000s | 0.0005 million USD per person | 0.0004 million USD per person | 0.0005 million USD per person | 10 |
| 2010s | 0.0004 million USD per person | 0.0004 million USD per person | 0.0005 million USD per person | 10 |
| 2020s | 0.0004 million USD per person | 0.0004 million USD per person | 0.0005 million USD per person | 5 |
Countries ranked near Madagascar
- 187 Malawi 0.0005 million USD per person compare
- 188 Somalia 0.0005 million USD per person compare
- 189 Yemen 0.0005 million USD per person compare
- 191 South Sudan 0.0004 million USD per person compare
- 192 Central African Republic 0.0004 million USD per person compare
- 193 Afghanistan 0.0004 million USD 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 — value us$, 2015 prices, per capita in Madagascar?
- Gross domestic product — value us$, 2015 prices, per capita in Madagascar was 0.0005 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, per capita recorded in Madagascar?
- The highest recorded value was 0.0008 million USD per person in 1971.
- What is the lowest gross domestic product — value us$, 2015 prices, per capita recorded in Madagascar?
- The lowest recorded value was 0.0004 million USD per person in 2002.
- How does Madagascar rank for gross domestic product — value us$, 2015 prices, per capita?
- Madagascar ranks 190th out of 194 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices, per capita rising or falling in Madagascar?
- Over the last ten years it is up 2.3%. 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 — Value US$, 2015 prices, per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Domestic Product — Value US$, 2015 prices 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 — Value US$, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value US$, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.