Gross national expenditure (constant 2015 US$) in Madagascar
Madagascar: Gross national expenditure (constant 2015 US$) was 16.20 billion constant 2015 US$ in 2025. ▲ Rising
Gross national expenditure in Madagascar, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross national expenditure in Madagascar is 16.20 billion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 3.6% on the previous year and up 37.0% over ten years.
Over the whole period, gross national expenditure in Madagascar peaked at 16.20 billion constant 2015 US$ in 2025 and was at its lowest, 4.85 billion constant 2015 US$, in 1961.
Madagascar ranks 123rd of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Gross national expenditure (constant 2015 US$) in Madagascar, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 4.87 billion constant 2015 US$ | — |
| 1961 | 4.85 billion constant 2015 US$ | -0.5% |
| 1962 | 4.98 billion constant 2015 US$ | +2.7% |
| 1963 | 5.15 billion constant 2015 US$ | +3.5% |
| 1964 | 5.30 billion constant 2015 US$ | +2.8% |
| 1965 | 5.23 billion constant 2015 US$ | -1.3% |
| 1966 | 5.33 billion constant 2015 US$ | +1.9% |
| 1967 | 5.41 billion constant 2015 US$ | +1.5% |
| 1968 | 5.90 billion constant 2015 US$ | +9.0% |
| 1969 | 6.14 billion constant 2015 US$ | +4.0% |
| 1970 | 6.45 billion constant 2015 US$ | +5.1% |
| 1971 | 6.90 billion constant 2015 US$ | +7.0% |
| 1972 | 6.63 billion constant 2015 US$ | -4.0% |
| 1973 | 6.45 billion constant 2015 US$ | -2.7% |
| 1974 | 6.29 billion constant 2015 US$ | -2.5% |
| 1975 | 6.29 billion constant 2015 US$ | +0.1% |
| 1976 | 5.96 billion constant 2015 US$ | -5.3% |
| 1977 | 6.18 billion constant 2015 US$ | +3.6% |
| 1978 | 6.09 billion constant 2015 US$ | -1.4% |
| 1979 | 7.03 billion constant 2015 US$ | +15.5% |
| 1980 | 7.28 billion constant 2015 US$ | +3.5% |
| 1981 | 6.32 billion constant 2015 US$ | -13.2% |
| 1982 | 6.14 billion constant 2015 US$ | -2.8% |
| 1983 | 6.03 billion constant 2015 US$ | -1.9% |
| 1984 | 6.05 billion constant 2015 US$ | +0.4% |
| 1985 | 6.27 billion constant 2015 US$ | +3.6% |
| 1986 | 6.20 billion constant 2015 US$ | -1.1% |
| 1987 | 6.10 billion constant 2015 US$ | -1.6% |
| 1988 | 6.23 billion constant 2015 US$ | +2.1% |
| 1989 | 5.96 billion constant 2015 US$ | -4.4% |
| 1990 | 6.73 billion constant 2015 US$ | +12.9% |
| 1991 | 6.11 billion constant 2015 US$ | -9.2% |
| 1992 | 6.16 billion constant 2015 US$ | +0.8% |
| 1993 | 6.38 billion constant 2015 US$ | +3.5% |
| 1994 | 6.27 billion constant 2015 US$ | -1.6% |
| 1995 | 6.37 billion constant 2015 US$ | +1.5% |
| 1996 | 6.47 billion constant 2015 US$ | +1.6% |
| 1997 | 6.88 billion constant 2015 US$ | +6.4% |
| 1998 | 7.25 billion constant 2015 US$ | +5.4% |
| 1999 | 7.46 billion constant 2015 US$ | +2.9% |
| 2000 | 7.81 billion constant 2015 US$ | +4.7% |
| 2001 | 8.24 billion constant 2015 US$ | +5.5% |
| 2002 | 7.80 billion constant 2015 US$ | -5.4% |
| 2003 | 8.95 billion constant 2015 US$ | +14.7% |
| 2004 | 9.32 billion constant 2015 US$ | +4.1% |
| 2005 | 9.48 billion constant 2015 US$ | +1.7% |
| 2006 | 9.61 billion constant 2015 US$ | +1.3% |
| 2007 | 10.10 billion constant 2015 US$ | +5.2% |
| 2008 | 11.14 billion constant 2015 US$ | +10.2% |
| 2009 | 10.78 billion constant 2015 US$ | -3.2% |
| 2010 | 10.71 billion constant 2015 US$ | -0.6% |
| 2011 | 10.86 billion constant 2015 US$ | +1.4% |
| 2012 | 11.14 billion constant 2015 US$ | +2.5% |
| 2013 | 11.63 billion constant 2015 US$ | +4.5% |
| 2014 | 11.32 billion constant 2015 US$ | -2.7% |
| 2015 | 11.83 billion constant 2015 US$ | +4.5% |
| 2016 | 12.39 billion constant 2015 US$ | +4.8% |
| 2017 | 12.54 billion constant 2015 US$ | +1.2% |
| 2018 | 13.10 billion constant 2015 US$ | +4.4% |
| 2019 | 13.54 billion constant 2015 US$ | +3.3% |
| 2020 | 13.67 billion constant 2015 US$ | +1.0% |
| 2021 | 13.75 billion constant 2015 US$ | +0.6% |
| 2022 | 14.26 billion constant 2015 US$ | +3.7% |
| 2023 | 14.49 billion constant 2015 US$ | +1.6% |
| 2024 | 15.63 billion constant 2015 US$ | +7.9% |
| 2025 | 16.20 billion constant 2015 US$ | +3.6% |
Madagascar compared with similar countries
- Madagascar's 16.20 billion constant 2015 US$ is below the median for low income countries, which is 16.58 billion constant 2015 US$, 98% of the median. (17 countries reporting)
- Madagascar's 16.20 billion constant 2015 US$ is below the median for Sub-Saharan Africa, which is 17.34 billion constant 2015 US$, 93% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.32 billion constant 2015 US$ | 4.85 billion constant 2015 US$ | 6.14 billion constant 2015 US$ | 10 |
| 1970s | 6.43 billion constant 2015 US$ | 5.96 billion constant 2015 US$ | 7.03 billion constant 2015 US$ | 10 |
| 1980s | 6.26 billion constant 2015 US$ | 5.96 billion constant 2015 US$ | 7.28 billion constant 2015 US$ | 10 |
| 1990s | 6.61 billion constant 2015 US$ | 6.11 billion constant 2015 US$ | 7.46 billion constant 2015 US$ | 10 |
| 2000s | 9.32 billion constant 2015 US$ | 7.80 billion constant 2015 US$ | 11.14 billion constant 2015 US$ | 10 |
| 2010s | 11.91 billion constant 2015 US$ | 10.71 billion constant 2015 US$ | 13.54 billion constant 2015 US$ | 10 |
| 2020s | 14.67 billion constant 2015 US$ | 13.67 billion constant 2015 US$ | 16.20 billion constant 2015 US$ | 6 |
Countries ranked near Madagascar
- 120 Malta 16.77 billion constant 2015 US$ compare
- 121 Chad 16.58 billion constant 2015 US$ compare
- 122 Palestine 16.50 billion constant 2015 US$ compare
- 124 Somalia 16.00 billion constant 2015 US$ compare
- 125 Rwanda 15.96 billion constant 2015 US$ compare
- 126 North Macedonia 14.74 billion constant 2015 US$ compare
More economy & growth data for Madagascar
- 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)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure in Madagascar?
- Gross national expenditure in Madagascar was 16.20 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Madagascar?
- The highest recorded value was 16.20 billion constant 2015 US$ in 2025.
- What is the lowest gross national expenditure recorded in Madagascar?
- The lowest recorded value was 4.85 billion constant 2015 US$ in 1961.
- How does Madagascar rank for gross national expenditure?
- Madagascar ranks 123rd out of 163 countries with data for 2025.
- Is gross national expenditure rising or falling in Madagascar?
- Over the last ten years it is up 37.0%. The long-run trend across the full record is rising.
- 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 national expenditure (constant 2015 US$). 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 national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.