Gross domestic savings (% of GDP) in Madagascar
Madagascar: Gross domestic savings (% of GDP) 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 (% of GDP) 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% |
Madagascar compared with similar countries
- Madagascar's 12.6% is below the median for low income countries, which is 12.7%, 99% of the median. (23 countries reporting)
- Madagascar's 12.6% is below the median for Sub-Saharan Africa, which is 14.7%, 85% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (% of GDP) in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +13246.4% | 0.3% | 37.7% |
| 1966 | +1014.8% | -0.3% | 2.6% |
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
- Real gdp growth, annual growth rate 2.17 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (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.
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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.