Gross Domestic Product β Value US$ in Madagascar, Republic of
Madagascar, Republic of: Gross Domestic Product β Value US$ was 17,421 million USD in 2024. β Volatile
Gross Domestic Product β Value US$ in Madagascar, Republic of, 1970β2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Madagascar, Republic of recorded 17,421 million USD for gross domestic product β value us$ in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 9.8% on the previous year and up 39.1% over ten years.
Over the whole period, gross domestic product β value us$ in Madagascar, Republic of peaked at 17,421 million USD in 2024 and was at its lowest, 1,052 million USD, in 1970.
That places Madagascar, Republic of 130th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,917 million USD | 1,052 million USD | 3,279 million USD | 10 |
| 1980s | 3,204 million USD | 2,748 million USD | 3,826 million USD | 10 |
| 1990s | 3,870 million USD | 3,133 million USD | 4,638 million USD | 10 |
| 2000s | 6,741 million USD | 4,502 million USD | 10,725 million USD | 10 |
| 2010s | 12,227 million USD | 9,983 million USD | 14,105 million USD | 10 |
| 2020s | 15,204 million USD | 13,051 million USD | 17,421 million USD | 5 |
Countries ranked near Madagascar, Republic of
- 127 Botswana 19,385 million USD compare
- 128 Chad 19,045 million USD compare
- 129 Nicaragua 17,829 million USD compare
- 131 North Macedonia, Republic of 16,718 million USD compare
- 132 Kyrgyz Republic 16,104 million USD compare
- 133 Brunei Darussalam 15,497 million USD compare
More economy & growth data for Madagascar, Republic of
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0002 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 6,266 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 4,575 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0002 (2025)
- Gdp worldbank constant usd, annual growth rate 3 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7618 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 456.51 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- External balance on goods and services as a percent of gdp -11.57 (2025)
Frequently asked questions
- What is gross domestic product β value us$ in Madagascar, Republic of?
- Gross domestic product β value us$ in Madagascar, Republic of was 17,421 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product β value us$ recorded in Madagascar, Republic of?
- The highest recorded value was 17,421 million USD in 2024.
- What is the lowest gross domestic product β value us$ recorded in Madagascar, Republic of?
- The lowest recorded value was 1,052 million USD in 1970.
- How does Madagascar, Republic of rank for gross domestic product β value us$?
- Madagascar, Republic of ranks 130th out of 200 countries with data for 2024.
- Is gross domestic product β value us$ rising or falling in Madagascar, Republic of?
- Over the last ten years it is up 39.1%. The long-run trend across the full record is volatile.
- Where does this Madagascar, Republic of data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product β Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).