Gross Domestic Product — Value US$ per capita, 2015 prices in Madagascar

Madagascar: Gross Domestic Product — Value US$ per capita, 2015 prices was 453.38 USD in 2024. ▼ Falling

Latest (2024)
453.38 USD
Change on year
up 1.7%
World rank
191st
of 195 countries
All-time high
838.24 USD
in 1971
All-time low
406.71 USD
in 2002
Years of data
55
1970–2024

Gross Domestic Product — Value US$ per capita, 2015 prices in Madagascar, 1970–2024

0200400600800197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in USD.

Analysis

Madagascar recorded 453.38 USD for gross domestic product — value us$ per capita, 2015 prices in 2024.

The figure is up 1.7% on the previous year and up 2.3% over ten years.

Over the whole period, gross domestic product — value us$ per capita, 2015 prices in Madagascar peaked at 838.24 USD in 1971 and was at its lowest, 406.71 USD, in 2002.

That places Madagascar 191st out of 195 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$ per capita, 2015 prices in Madagascar, year by year

Annual values for Gross Domestic Product — Value US$ per capita, 2015 prices in Madagascar, 1970 to 2024.
Year USD Change
1970 827.79 USD
1971 838.24 USD +1.3%
1972 803.56 USD -4.1%
1973 762.99 USD -5.0%
1974 749.6 USD -1.8%
1975 736.52 USD -1.7%
1976 692.66 USD -6.0%
1977 687.88 USD -0.7%
1978 649.79 USD -5.5%
1979 692.17 USD +6.5%
1980 676.95 USD -2.2%
1981 600.23 USD -11.3%
1982 572.07 USD -4.7%
1983 559.98 USD -2.1%
1984 553.15 USD -1.2%
1985 543.53 USD -1.7%
1986 538.5 USD -0.9%
1987 529.53 USD -1.7%
1988 532.04 USD +0.5%
1989 537.87 USD +1.1%
1990 538.57 USD +0.1%
1991 489.73 USD -9.1%
1992 480.85 USD -1.8%
1993 476.18 USD -1.0%
1994 461.28 USD -3.1%
1995 454.58 USD -1.5%
1996 449.64 USD -1.1%
1997 451.3 USD +0.4%
1998 453.9 USD +0.6%
1999 460.05 USD +1.4%
2000 466.79 USD +1.5%
2001 479.74 USD +2.8%
2002 406.71 USD -15.2%
2003 433.62 USD +6.6%
2004 443.29 USD +2.2%
2005 450.31 USD +1.6%
2006 459.24 USD +2.0%
2007 473.79 USD +3.2%
2008 490.96 USD +3.6%
2009 457.79 USD -6.8%
2010 447.42 USD -2.3%
2011 441.75 USD -1.3%
2012 442.64 USD +0.2%
2013 440.68 USD -0.4%
2014 443.34 USD +0.6%
2015 445.32 USD +0.4%
2016 451.16 USD +1.3%
2017 456.85 USD +1.3%
2018 459.33 USD +0.5%
2019 467.28 USD +1.7%
2020 422.92 USD -9.5%
2021 431.6 USD +2.1%
2022 438.52 USD +1.6%
2023 445.83 USD +1.7%
2024 453.38 USD +1.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 744.12 USD 649.79 USD 838.24 USD 10
1980s 564.38 USD 529.53 USD 676.95 USD 10
1990s 471.61 USD 449.64 USD 538.57 USD 10
2000s 456.22 USD 406.71 USD 490.96 USD 10
2010s 449.58 USD 440.68 USD 467.28 USD 10
2020s 438.45 USD 422.92 USD 453.38 USD 5

Countries ranked near Madagascar

  1. 188 Malawi 549.65 USD compare
  2. 189 Somalia 528.3 USD compare
  3. 190 Yemen 458.93 USD compare
  4. 192 South Sudan 409.26 USD compare
  5. 193 Central African Republic 390.94 USD compare
  6. 194 Afghanistan 390.08 USD compare

See the full ranking of 244 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is gross domestic product — value us$ per capita, 2015 prices in Madagascar?
Gross domestic product — value us$ per capita, 2015 prices in Madagascar was 453.38 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$ per capita, 2015 prices recorded in Madagascar?
The highest recorded value was 838.24 USD in 1971.
What is the lowest gross domestic product — value us$ per capita, 2015 prices recorded in Madagascar?
The lowest recorded value was 406.71 USD in 2002.
How does Madagascar rank for gross domestic product — value us$ per capita, 2015 prices?
Madagascar ranks 191st out of 195 countries with data for 2024.
Is gross domestic product — value us$ per capita, 2015 prices 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 Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$ per capita, 2015 prices in Madagascar. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 02 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-per-capita-2015-prices/madagascar/

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About this data

Indicator
Gross Domestic Product — Value US$ per capita, 2015 prices
Unit
USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
244 places, 12,697 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).