Gross savings (current LCU), per unit of GDP in Madagascar
Madagascar: Gross savings (current LCU), per unit of GDP was 793.15 current LCU per US$ of GDP in 2024. ◆ Volatile
Gross savings (current LCU), per unit of GDP in Madagascar, 1974–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, gross savings (current lcu), per unit of gdp in Madagascar stood at 793.15 current LCU per US$ of GDP. That is the highest value across all 51 years on record.
That represents a change of up 15.4% on the previous year and up 126.7% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Madagascar peaked at 793.15 current LCU per US$ of GDP in 2024 and was at its lowest, 0.4886 current LCU per US$ of GDP, in 1979.
That places Madagascar 13th out of 178 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), per unit of GDP in Madagascar, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1974 | 2.65 current LCU per US$ of GDP | — |
| 1975 | 2.21 current LCU per US$ of GDP | -16.6% |
| 1976 | 3.63 current LCU per US$ of GDP | +64.5% |
| 1977 | 3.28 current LCU per US$ of GDP | -9.7% |
| 1978 | 2.23 current LCU per US$ of GDP | -32.1% |
| 1979 | 0.4886 current LCU per US$ of GDP | -78.1% |
| 1980 | 15.93 current LCU per US$ of GDP | +3161.3% |
| 1981 | 16.02 current LCU per US$ of GDP | +0.6% |
| 1982 | 14.96 current LCU per US$ of GDP | -6.6% |
| 1983 | 18.86 current LCU per US$ of GDP | +26.0% |
| 1984 | 26.88 current LCU per US$ of GDP | +42.5% |
| 1985 | 20.29 current LCU per US$ of GDP | -24.5% |
| 1986 | 25.09 current LCU per US$ of GDP | +23.7% |
| 1987 | 48.07 current LCU per US$ of GDP | +91.6% |
| 1988 | 41.57 current LCU per US$ of GDP | -13.5% |
| 1989 | 128.52 current LCU per US$ of GDP | +209.2% |
| 1990 | 93.19 current LCU per US$ of GDP | -27.5% |
| 1991 | 94.75 current LCU per US$ of GDP | +1.7% |
| 1992 | 122.29 current LCU per US$ of GDP | +29.1% |
| 1993 | 128.32 current LCU per US$ of GDP | +4.9% |
| 1994 | 169.88 current LCU per US$ of GDP | +32.4% |
| 1995 | 38.2 current LCU per US$ of GDP | -77.5% |
| 1996 | 70.26 current LCU per US$ of GDP | +83.9% |
| 1997 | 78.16 current LCU per US$ of GDP | +11.2% |
| 1998 | 86.64 current LCU per US$ of GDP | +10.8% |
| 1999 | 120.14 current LCU per US$ of GDP | +38.7% |
| 2000 | 120.88 current LCU per US$ of GDP | +0.6% |
| 2001 | 190.81 current LCU per US$ of GDP | +57.9% |
| 2002 | 70.08 current LCU per US$ of GDP | -63.3% |
| 2003 | 131.81 current LCU per US$ of GDP | +88.1% |
| 2004 | 303.35 current LCU per US$ of GDP | +130.1% |
| 2005 | 208.21 current LCU per US$ of GDP | -31.4% |
| 2006 | 320.61 current LCU per US$ of GDP | +54.0% |
| 2007 | 355.88 current LCU per US$ of GDP | +11.0% |
| 2008 | 404.67 current LCU per US$ of GDP | +13.7% |
| 2009 | 344.18 current LCU per US$ of GDP | -14.9% |
| 2010 | 345.76 current LCU per US$ of GDP | +0.5% |
| 2011 | 314.24 current LCU per US$ of GDP | -9.1% |
| 2012 | 282.8 current LCU per US$ of GDP | -10.0% |
| 2013 | 183.42 current LCU per US$ of GDP | -35.1% |
| 2014 | 349.84 current LCU per US$ of GDP | +90.7% |
| 2015 | 378.56 current LCU per US$ of GDP | +8.2% |
| 2016 | 511.31 current LCU per US$ of GDP | +35.1% |
| 2017 | 471.27 current LCU per US$ of GDP | -7.8% |
| 2018 | 618.67 current LCU per US$ of GDP | +31.3% |
| 2019 | 593.23 current LCU per US$ of GDP | -4.1% |
| 2020 | 309.75 current LCU per US$ of GDP | -47.8% |
| 2021 | 477.94 current LCU per US$ of GDP | +54.3% |
| 2022 | 610.27 current LCU per US$ of GDP | +27.7% |
| 2023 | 687.1 current LCU per US$ of GDP | +12.6% |
| 2024 | 793.15 current LCU per US$ of GDP | +15.4% |
Madagascar compared with similar countries
- Madagascar's 793.15 current LCU per US$ of GDP is above the median for low income countries, which is 79.11 current LCU per US$ of GDP, 10.0× the median. (20 countries reporting)
- Madagascar's 793.15 current LCU per US$ of GDP is above the median for Sub-Saharan Africa, which is 54.82 current LCU per US$ of GDP, 14.5× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), per unit 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 | +3161.3% | 0.4886 current LCU per US$ of GDP | 15.93 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.42 current LCU per US$ of GDP | 0.4886 current LCU per US$ of GDP | 3.63 current LCU per US$ of GDP | 6 |
| 1980s | 35.62 current LCU per US$ of GDP | 14.96 current LCU per US$ of GDP | 128.52 current LCU per US$ of GDP | 10 |
| 1990s | 100.18 current LCU per US$ of GDP | 38.2 current LCU per US$ of GDP | 169.88 current LCU per US$ of GDP | 10 |
| 2000s | 245.05 current LCU per US$ of GDP | 70.08 current LCU per US$ of GDP | 404.67 current LCU per US$ of GDP | 10 |
| 2010s | 404.91 current LCU per US$ of GDP | 183.42 current LCU per US$ of GDP | 618.67 current LCU per US$ of GDP | 10 |
| 2020s | 575.64 current LCU per US$ of GDP | 309.75 current LCU per US$ of GDP | 793.15 current LCU per US$ of GDP | 5 |
Countries ranked near Madagascar
- 10 Uganda 933.18 current LCU per US$ of GDP compare
- 11 Mongolia 869.36 current LCU per US$ of GDP compare
- 12 Guinea 823.2 current LCU per US$ of GDP compare
- 14 Democratic Republic of Congo 767.99 current LCU per US$ of GDP compare
- 15 Colombia 534.08 current LCU per US$ of GDP compare
- 16 South Korea 506.37 current LCU per US$ of GDP compare
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 savings (current lcu), per unit of gdp in Madagascar?
- Gross savings (current lcu), per unit of gdp in Madagascar was 793.15 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Madagascar?
- The highest recorded value was 793.15 current LCU per US$ of GDP in 2024.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Madagascar?
- The lowest recorded value was 0.4886 current LCU per US$ of GDP in 1979.
- How does Madagascar rank for gross savings (current lcu), per unit of gdp?
- Madagascar ranks 13th out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Madagascar?
- Over the last ten years it is up 126.7%. 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 savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.