Gross National Income — Value Standard Local Currency, per capita in Madagascar

Madagascar: Gross National Income — Value Standard Local Currency, per capita was 2.21 million SLC per person in 2023. ◆ Volatile

Latest (2023)
2.21 million SLC per person
Change on year
up 9.7%
World rank
29th
of 194 countries
All-time high
2.21 million SLC per person
in 2023
All-time low
0.0085 million SLC per person
in 1970
Years of data
54
1970–2023

Gross National Income — Value Standard Local Currency, per capita in Madagascar, 1970–2023

00.511.52197019962023

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

In 2023, gross national income — value standard local currency, per capita in Madagascar stood at 2.21 million SLC per person. That is the highest value across all 54 years on record.

That represents a change of up 9.7% on the previous year and up 100.9% over ten years.

Over the whole period, gross national income — value standard local currency, per capita in Madagascar peaked at 2.21 million SLC per person in 2023 and was at its lowest, 0.0085 million SLC per person, in 1970.

That places Madagascar 29th out of 194 countries with data for 2023, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross National Income — Value Standard Local Currency, per capita in Madagascar, year by year

Annual values for Gross National Income — Value Standard Local Currency, per capita in Madagascar, 1970 to 2023.
Year million SLC per person Change
1970 0.0085 million SLC per person
1971 0.0089 million SLC per person +4.9%
1972 0.0091 million SLC per person +2.4%
1973 0.0097 million SLC per person +6.1%
1974 0.0115 million SLC per person +18.9%
1975 0.0119 million SLC per person +3.4%
1976 0.0123 million SLC per person +3.1%
1977 0.0133 million SLC per person +7.9%
1978 0.0134 million SLC per person +0.9%
1979 0.0159 million SLC per person +18.6%
1980 0.0179 million SLC per person +12.5%
1981 0.0196 million SLC per person +9.8%
1982 0.024 million SLC per person +22.1%
1983 0.0283 million SLC per person +18.3%
1984 0.0302 million SLC per person +6.7%
1985 0.0335 million SLC per person +10.9%
1986 0.0461 million SLC per person +37.4%
1987 0.0548 million SLC per person +19.0%
1988 0.066 million SLC per person +20.5%
1989 0.0743 million SLC per person +12.6%
1990 0.0859 million SLC per person +15.5%
1991 0.0867 million SLC per person +1.0%
1992 0.0977 million SLC per person +12.6%
1993 0.109 million SLC per person +11.5%
1994 0.1481 million SLC per person +35.8%
1995 0.2116 million SLC per person +42.9%
1996 0.2494 million SLC per person +17.9%
1997 0.2724 million SLC per person +9.2%
1998 0.2989 million SLC per person +9.7%
1999 0.3355 million SLC per person +12.2%
2000 0.3622 million SLC per person +8.0%
2001 0.4015 million SLC per person +10.8%
2002 0.391 million SLC per person -2.6%
2003 0.4291 million SLC per person +9.7%
2004 0.4996 million SLC per person +16.4%
2005 0.6019 million SLC per person +20.5%
2006 0.6851 million SLC per person +13.8%
2007 0.7802 million SLC per person +13.9%
2008 0.871 million SLC per person +11.6%
2009 0.8637 million SLC per person -0.8%
2010 0.9236 million SLC per person +6.9%
2011 1.01 million SLC per person +8.9%
2012 1.05 million SLC per person +4.2%
2013 1.1 million SLC per person +4.8%
2014 1.19 million SLC per person +8.1%
2015 1.26 million SLC per person +5.9%
2016 1.38 million SLC per person +10.2%
2017 1.48 million SLC per person +7.2%
2018 1.61 million SLC per person +8.7%
2019 1.75 million SLC per person +8.2%
2020 1.66 million SLC per person -4.7%
2021 1.82 million SLC per person +9.3%
2022 2.01 million SLC per person +10.7%
2023 2.21 million SLC per person +9.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0115 million SLC per person 0.0085 million SLC per person 0.0159 million SLC per person 10
1980s 0.0395 million SLC per person 0.0179 million SLC per person 0.0743 million SLC per person 10
1990s 0.1895 million SLC per person 0.0859 million SLC per person 0.3355 million SLC per person 10
2000s 0.5885 million SLC per person 0.3622 million SLC per person 0.871 million SLC per person 10
2010s 1.27 million SLC per person 0.9236 million SLC per person 1.75 million SLC per person 10
2020s 1.93 million SLC per person 1.66 million SLC per person 2.21 million SLC per person 4

Countries ranked near Madagascar

  1. 26 Armenia 3.11 million SLC per person compare
  2. 27 French Polynesia 2.51 million SLC per person compare
  3. 28 Myanmar 2.47 million SLC per person compare
  4. 30 Angola 1.61 million SLC per person compare
  5. 31 Cote d'Ivoire 1.47 million SLC per person compare
  6. 32 Congo 1.31 million SLC per person compare

See the full ranking of 194 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is gross national income — value standard local currency, per capita in Madagascar?
Gross national income — value standard local currency, per capita in Madagascar was 2.21 million SLC per person in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, per capita recorded in Madagascar?
The highest recorded value was 2.21 million SLC per person in 2023.
What is the lowest gross national income — value standard local currency, per capita recorded in Madagascar?
The lowest recorded value was 0.0085 million SLC per person in 1970.
How does Madagascar rank for gross national income — value standard local currency, per capita?
Madagascar ranks 29th out of 194 countries with data for 2023.
Is gross national income — value standard local currency, per capita rising or falling in Madagascar?
Over the last ten years it is up 100.9%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from Statizoid (derived), published as part of Gross National Income — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.

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Gross National Income — Value Standard Local Currency, per capita in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-per-capita/madagascar/

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How this figure is calculated

Gross National Income — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross National Income — Value Standard Local Currency ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross National Income — Value Standard Local Currency, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,756 data points, 1970–2023
Last refreshed

Gross National Income — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.