Gross Domestic Product — Value US$ per capita in Madagascar
Madagascar: Gross Domestic Product — Value US$ per capita was 545 USD in 2024. ▲ Rising
Gross Domestic Product — Value US$ per capita in Madagascar, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Madagascar recorded 545 USD for gross domestic product — value us$ per capita in 2024. That is the highest value across all 55 years on record.
The figure is up 7.1% on the previous year and up 7.8% over ten years.
Over the whole period, gross domestic product — value us$ per capita in Madagascar peaked at 545 USD in 2024 and was at its lowest, 157.74 USD, in 1970.
That places Madagascar 190th out of 195 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$ per capita in Madagascar, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 157.74 USD | — |
| 1971 | 165.67 USD | +5.0% |
| 1972 | 183.85 USD | +11.0% |
| 1973 | 219.82 USD | +19.6% |
| 1974 | 241.69 USD | +10.0% |
| 1975 | 279.23 USD | +15.5% |
| 1976 | 258.91 USD | -7.3% |
| 1977 | 271.57 USD | +4.9% |
| 1978 | 298.15 USD | +9.8% |
| 1979 | 375.22 USD | +25.8% |
| 1980 | 424.85 USD | +13.2% |
| 1981 | 366.72 USD | -13.7% |
| 1982 | 349.23 USD | -4.8% |
| 1983 | 337.75 USD | -3.3% |
| 1984 | 274.55 USD | -18.7% |
| 1985 | 263.39 USD | -4.1% |
| 1986 | 355.64 USD | +35.0% |
| 1987 | 272.17 USD | -23.5% |
| 1988 | 251.76 USD | -7.5% |
| 1989 | 250.1 USD | -0.7% |
| 1990 | 299.38 USD | +19.7% |
| 1991 | 252.21 USD | -15.8% |
| 1992 | 274.29 USD | +8.8% |
| 1993 | 296.52 USD | +8.1% |
| 1994 | 253.86 USD | -14.4% |
| 1995 | 261.07 USD | +2.8% |
| 1996 | 319.62 USD | +22.4% |
| 1997 | 274.58 USD | -14.1% |
| 1998 | 280.19 USD | +2.0% |
| 1999 | 270 USD | -3.6% |
| 2000 | 272.56 USD | +0.9% |
| 2001 | 308.73 USD | +13.3% |
| 2002 | 290.88 USD | -5.8% |
| 2003 | 351.65 USD | +20.9% |
| 2004 | 272.28 USD | -22.6% |
| 2005 | 305.3 USD | +12.1% |
| 2006 | 324.51 USD | +6.3% |
| 2007 | 419.55 USD | +29.3% |
| 2008 | 512.58 USD | +22.2% |
| 2009 | 446.31 USD | -12.9% |
| 2010 | 450.01 USD | +0.8% |
| 2011 | 506.16 USD | +12.5% |
| 2012 | 493.51 USD | -2.5% |
| 2013 | 515.3 USD | +4.4% |
| 2014 | 505.69 USD | -1.9% |
| 2015 | 445.32 USD | -11.9% |
| 2016 | 453.97 USD | +1.9% |
| 2017 | 491.87 USD | +8.3% |
| 2018 | 500.46 USD | +1.7% |
| 2019 | 499.82 USD | -0.1% |
| 2020 | 450.77 USD | -9.8% |
| 2021 | 483.47 USD | +7.3% |
| 2022 | 503.51 USD | +4.1% |
| 2023 | 508.72 USD | +1.0% |
| 2024 | 545 USD | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 245.19 USD | 157.74 USD | 375.22 USD | 10 |
| 1980s | 314.61 USD | 250.1 USD | 424.85 USD | 10 |
| 1990s | 278.17 USD | 252.21 USD | 319.62 USD | 10 |
| 2000s | 350.43 USD | 272.28 USD | 512.58 USD | 10 |
| 2010s | 486.21 USD | 445.32 USD | 515.3 USD | 10 |
| 2020s | 498.29 USD | 450.77 USD | 545 USD | 5 |
Countries ranked near Madagascar
- 187 Eritrea 678.41 USD compare
- 188 Somalia 657.89 USD compare
- 189 Mozambique 647.29 USD compare
- 191 Central African Republic 516.17 USD compare
- 192 Malawi 504.62 USD compare
- 193 Afghanistan 476.92 USD compare
More economy & growth data for Madagascar
- GDP (current US$), annual growth rate 11.53 % change on previous year (2025)
- GDP (current US$), per capita 599.27 current US$ per person (2025)
- GDP (current LCU), annual growth rate 11.63 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 4,530 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 2.71 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 3 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7618 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 456.51 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1,264 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ per capita in Madagascar?
- Gross domestic product — value us$ per capita in Madagascar was 545 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita recorded in Madagascar?
- The highest recorded value was 545 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita recorded in Madagascar?
- The lowest recorded value was 157.74 USD in 1970.
- How does Madagascar rank for gross domestic product — value us$ per capita?
- Madagascar ranks 190th out of 195 countries with data for 2024.
- Is gross domestic product — value us$ per capita rising or falling in Madagascar?
- Over the last ten years it is up 7.8%. The long-run trend across the full record is rising.
- 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. Statizoid updates them automatically from the source API.
Download this data
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About this data
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).