Gross national expenditure in Madagascar
Madagascar: Gross national expenditure was 21.89 billion current US$ in 2025. ◆ Volatile
Latest (2025)
21.89 billion current US$
Change on year
up 13.6%
World rank
128th
of 186 countries
All-time high
21.89 billion current US$
in 2025
All-time low
717.45 million current US$
in 1960
Years of data
66
1960–2025
Gross national expenditure in Madagascar, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in Madagascar is 21.89 billion current US$, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 13.6% on the previous year and up 85.1% over ten years.
Over the whole period, gross national expenditure in Madagascar peaked at 21.89 billion current US$ in 2025 and was at its lowest, 717.45 million current US$, in 1960.
Madagascar ranks 128th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Madagascar, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 717.45 million current US$ | — |
| 1961 | 733.40 million current US$ | +2.2% |
| 1962 | 773.49 million current US$ | +5.5% |
| 1963 | 813.59 million current US$ | +5.2% |
| 1964 | 855.63 million current US$ | +5.2% |
| 1965 | 890.15 million current US$ | +4.0% |
| 1966 | 953.41 million current US$ | +7.1% |
| 1967 | 994.60 million current US$ | +4.3% |
| 1968 | 1.08 billion current US$ | +9.0% |
| 1969 | 1.11 billion current US$ | +2.4% |
| 1970 | 1.14 billion current US$ | +2.7% |
| 1971 | 1.28 billion current US$ | +12.3% |
| 1972 | 1.40 billion current US$ | +9.2% |
| 1973 | 1.73 billion current US$ | +23.9% |
| 1974 | 2.01 billion current US$ | +16.1% |
| 1975 | 2.40 billion current US$ | +19.5% |
| 1976 | 2.23 billion current US$ | -6.9% |
| 1977 | 2.44 billion current US$ | +9.4% |
| 1978 | 2.85 billion current US$ | +16.8% |
| 1979 | 4.01 billion current US$ | +40.5% |
| 1980 | 5.67 billion current US$ | +41.3% |
| 1981 | 5.03 billion current US$ | -11.2% |
| 1982 | 5.00 billion current US$ | -0.7% |
| 1983 | 4.83 billion current US$ | -3.4% |
| 1984 | 3.97 billion current US$ | -17.6% |
| 1985 | 3.90 billion current US$ | -1.8% |
| 1986 | 4.43 billion current US$ | +13.5% |
| 1987 | 3.27 billion current US$ | -26.1% |
| 1988 | 3.30 billion current US$ | +0.7% |
| 1989 | 3.21 billion current US$ | -2.6% |
| 1990 | 4.19 billion current US$ | +30.6% |
| 1991 | 3.38 billion current US$ | -19.4% |
| 1992 | 3.87 billion current US$ | +14.5% |
| 1993 | 4.28 billion current US$ | +10.5% |
| 1994 | 3.65 billion current US$ | -14.7% |
| 1995 | 3.97 billion current US$ | +8.8% |
| 1996 | 5.02 billion current US$ | +26.5% |
| 1997 | 4.46 billion current US$ | -11.2% |
| 1998 | 4.60 billion current US$ | +3.2% |
| 1999 | 4.46 billion current US$ | -3.1% |
| 2000 | 4.84 billion current US$ | +8.5% |
| 2001 | 5.49 billion current US$ | +13.4% |
| 2002 | 5.70 billion current US$ | +3.9% |
| 2003 | 6.80 billion current US$ | +19.2% |
| 2004 | 5.56 billion current US$ | -18.1% |
| 2005 | 6.47 billion current US$ | +16.4% |
| 2006 | 6.85 billion current US$ | +5.8% |
| 2007 | 9.47 billion current US$ | +38.2% |
| 2008 | 12.76 billion current US$ | +34.7% |
| 2009 | 11.70 billion current US$ | -8.3% |
| 2010 | 11.39 billion current US$ | -2.6% |
| 2011 | 12.83 billion current US$ | +12.6% |
| 2012 | 12.63 billion current US$ | -1.5% |
| 2013 | 13.64 billion current US$ | +8.0% |
| 2014 | 13.20 billion current US$ | -3.3% |
| 2015 | 11.83 billion current US$ | -10.4% |
| 2016 | 12.16 billion current US$ | +2.8% |
| 2017 | 13.64 billion current US$ | +12.2% |
| 2018 | 14.63 billion current US$ | +7.2% |
| 2019 | 15.33 billion current US$ | +4.8% |
| 2020 | 14.80 billion current US$ | -3.4% |
| 2021 | 15.65 billion current US$ | +5.7% |
| 2022 | 16.79 billion current US$ | +7.3% |
| 2023 | 17.53 billion current US$ | +4.4% |
| 2024 | 19.27 billion current US$ | +9.9% |
| 2025 | 21.89 billion current US$ | +13.6% |
Madagascar compared with similar countries
- Madagascar's 21.89 billion current US$ is below the median for low income countries, which is 21.96 billion current US$, 100% of the median. (22 countries reporting)
- Madagascar's 21.89 billion current US$ is above the median for Sub-Saharan Africa, which is 21.21 billion current US$, 1.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 892.46 million current US$ | 717.45 million current US$ | 1.11 billion current US$ | 10 |
| 1970s | 2.15 billion current US$ | 1.14 billion current US$ | 4.01 billion current US$ | 10 |
| 1980s | 4.26 billion current US$ | 3.21 billion current US$ | 5.67 billion current US$ | 10 |
| 1990s | 4.19 billion current US$ | 3.38 billion current US$ | 5.02 billion current US$ | 10 |
| 2000s | 7.56 billion current US$ | 4.84 billion current US$ | 12.76 billion current US$ | 10 |
| 2010s | 13.13 billion current US$ | 11.39 billion current US$ | 15.33 billion current US$ | 10 |
| 2020s | 17.66 billion current US$ | 14.80 billion current US$ | 21.89 billion current US$ | 6 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Foreign direct investment, net outflows (BoP, current US$), gaps 134.39 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.2 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 606.21 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.69 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0345 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 18.96 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.8 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1583 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 87.11 includes gold, current US$ per person (2024)
Frequently asked questions
- What is gross national expenditure in Madagascar?
- Gross national expenditure in Madagascar was 21.89 billion current 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 21.89 billion current US$ in 2025.
- What is the lowest gross national expenditure recorded in Madagascar?
- The lowest recorded value was 717.45 million current US$ in 1960.
- How does Madagascar rank for gross national expenditure?
- Madagascar ranks 128th out of 186 countries with data for 2025.
- Is gross national expenditure rising or falling in Madagascar?
- Over the last ten years it is up 85.1%. 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 national expenditure (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.