Gross domestic savings in Madagascar
Madagascar: Gross domestic savings was 12.6% in 2025. ◆ Volatile
Gross domestic savings in Madagascar, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Madagascar recorded 12.6% for gross domestic savings in 2025.
That represents a change of down 10.4% on the previous year and up 8.8% over ten years.
Over the whole period, gross domestic savings in Madagascar peaked at 39.7% in 1989 and was at its lowest, -0.4%, in 1963.
Madagascar ranks 130th of 188 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Madagascar, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 0.4% | — |
| 1961 | 0.9% | +154.4% |
| 1962 | 0.4% | -55.5% |
| 1963 | -0.4% | -192.3% |
| 1964 | 0.4% | -215.9% |
| 1965 | -0.3% | -164.3% |
| 1966 | 2.6% | -1014.8% |
| 1967 | 5.3% | +100.6% |
| 1968 | 5.3% | +0.1% |
| 1969 | 5.8% | +9.5% |
| 1970 | 7.5% | +29.5% |
| 1971 | 4.6% | -38.1% |
| 1972 | 4.8% | +2.6% |
| 1973 | 4.5% | -6.2% |
| 1974 | 4.0% | -10.9% |
| 1975 | 3.1% | -21.9% |
| 1976 | 5.8% | +85.9% |
| 1977 | 4.5% | -22.5% |
| 1978 | 2.7% | -40.1% |
| 1979 | 0.3% | -89.5% |
| 1980 | 37.7% | +13246.4% |
| 1981 | 29.9% | -20.5% |
| 1982 | 21.9% | -26.9% |
| 1983 | 23.0% | +5.1% |
| 1984 | 25.1% | +8.9% |
| 1985 | 16.1% | -35.7% |
| 1986 | 18.7% | +15.8% |
| 1987 | 23.2% | +24.1% |
| 1988 | 14.3% | -38.3% |
| 1989 | 39.7% | +178.1% |
| 1990 | 29.3% | -26.1% |
| 1991 | 26.9% | -8.4% |
| 1992 | 31.9% | +18.9% |
| 1993 | 32.6% | +2.2% |
| 1994 | 29.4% | -10.0% |
| 1995 | 5.5% | -81.4% |
| 1996 | 7.7% | +40.6% |
| 1997 | 5.6% | -27.7% |
| 1998 | 7.7% | +39.1% |
| 1999 | 8.1% | +4.2% |
| 2000 | 7.4% | -8.3% |
| 2001 | 13.6% | +84.2% |
| 2002 | 4.4% | -67.5% |
| 2003 | 7.1% | +60.2% |
| 2004 | 11.3% | +59.4% |
| 2005 | 8.8% | -21.7% |
| 2006 | 13.2% | +49.2% |
| 2007 | 15.4% | +16.9% |
| 2008 | 19.8% | +28.5% |
| 2009 | 15.6% | -21.4% |
| 2010 | 12.9% | -17.1% |
| 2011 | 12.3% | -4.6% |
| 2012 | 11.1% | -10.0% |
| 2013 | 6.7% | -39.6% |
| 2014 | 11.1% | +65.7% |
| 2015 | 11.6% | +4.2% |
| 2016 | 13.7% | +18.7% |
| 2017 | 12.3% | -10.6% |
| 2018 | 14.4% | +17.2% |
| 2019 | 14.0% | -2.6% |
| 2020 | 4.3% | -69.3% |
| 2021 | 7.4% | +71.2% |
| 2022 | 11.2% | +51.8% |
| 2023 | 12.1% | +8.4% |
| 2024 | 14.0% | +16.0% |
| 2025 | 12.6% | -10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.0% | -0.4% | 5.8% | 10 |
| 1970s | 4.2% | 0.3% | 7.5% | 10 |
| 1980s | 24.9% | 14.3% | 39.7% | 10 |
| 1990s | 18.5% | 5.5% | 32.6% | 10 |
| 2000s | 11.7% | 4.4% | 19.8% | 10 |
| 2010s | 12.0% | 6.7% | 14.4% | 10 |
| 2020s | 10.3% | 4.3% | 14.0% | 6 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Gross capital formation (current US$), annual growth rate 14.34 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2415 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 144.72 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 14.45 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 1,094 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 655,520 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 9.32 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.18 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 107.86 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 9.46 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings in Madagascar?
- Gross domestic savings in Madagascar was 12.6% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Madagascar?
- The highest recorded value was 39.7% in 1989.
- What is the lowest gross domestic savings recorded in Madagascar?
- The lowest recorded value was -0.4% in 1963.
- How does Madagascar rank for gross domestic savings?
- Madagascar ranks 130th out of 188 countries with data for 2025.
- Is gross domestic savings rising or falling in Madagascar?
- Over the last ten years it is up 8.8%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.