Gross savings (current US$), annual growth rate in Madagascar
Madagascar: Gross savings (current US$), annual growth rate was 23.95 % change on previous year in 2024. ◆ Volatile
Gross savings (current US$), annual growth rate in Madagascar, 1975–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Madagascar recorded 23.95 % change on previous year for gross savings (current us$), annual growth rate in 2024.
That represents a change of up 171.4% on the previous year and down 68.4% over ten years.
Over the whole period, gross savings (current us$), annual growth rate in Madagascar peaked at 170.16 % change on previous year in 1989 and was at its lowest, -82.38 % change on previous year, in 1995.
Madagascar ranks 27th of 177 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$), annual growth rate in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1975 | 11.52 % change on previous year | — |
| 1976 | 40.96 % change on previous year | +255.6% |
| 1977 | -5.08 % change on previous year | -112.4% |
| 1978 | -16.32 % change on previous year | +221.4% |
| 1979 | -69.82 % change on previous year | +327.8% |
| 1981 | -28.46 % change on previous year | -59.2% |
| 1982 | -27.07 % change on previous year | -4.9% |
| 1983 | 0.3039 % change on previous year | -101.1% |
| 1984 | -11.32 % change on previous year | -3823.8% |
| 1985 | -36.04 % change on previous year | +218.5% |
| 1986 | 38.52 % change on previous year | -206.9% |
| 1987 | -10.46 % change on previous year | -127.2% |
| 1988 | -34.77 % change on previous year | +232.4% |
| 1989 | 170.16 % change on previous year | -589.4% |
| 1990 | -3.67 % change on previous year | -102.2% |
| 1991 | -31.48 % change on previous year | +757.9% |
| 1992 | 45.07 % change on previous year | -243.2% |
| 1993 | 11.78 % change on previous year | -73.9% |
| 1994 | -28.4 % change on previous year | -341.1% |
| 1995 | -82.38 % change on previous year | +190.1% |
| 1996 | 148.22 % change on previous year | -279.9% |
| 1997 | -23.29 % change on previous year | -115.7% |
| 1998 | 7.09 % change on previous year | -130.4% |
| 1999 | 16.69 % change on previous year | +135.4% |
| 2000 | 1.1 % change on previous year | -93.4% |
| 2001 | 90.49 % change on previous year | +8157.9% |
| 2002 | -65.15 % change on previous year | -172.0% |
| 2003 | 147.13 % change on previous year | -325.8% |
| 2004 | 21.2 % change on previous year | -85.6% |
| 2005 | -25.91 % change on previous year | -222.2% |
| 2006 | 57.15 % change on previous year | -320.6% |
| 2007 | 69.14 % change on previous year | +21.0% |
| 2008 | 56.92 % change on previous year | -17.7% |
| 2009 | -33.4 % change on previous year | -158.7% |
| 2010 | -2.39 % change on previous year | -92.8% |
| 2011 | 8.53 % change on previous year | -456.8% |
| 2012 | -16.77 % change on previous year | -296.5% |
| 2013 | -30.79 % change on previous year | +83.6% |
| 2014 | 75.7 % change on previous year | -345.9% |
| 2015 | -19.46 % change on previous year | -125.7% |
| 2016 | 30.52 % change on previous year | -256.9% |
| 2017 | 4.48 % change on previous year | -85.3% |
| 2018 | 28.11 % change on previous year | +526.9% |
| 2019 | -9.41 % change on previous year | -133.5% |
| 2020 | -53.85 % change on previous year | +472.0% |
| 2021 | 67.84 % change on previous year | -226.0% |
| 2022 | 27.61 % change on previous year | -59.3% |
| 2023 | 8.83 % change on previous year | -68.0% |
| 2024 | 23.95 % change on previous year | +171.4% |
Madagascar compared with similar countries
- Madagascar's 23.95 % change on previous year is above the median for low income countries, which is 16.9 % change on previous year, 1.4× the median. (20 countries reporting)
- Madagascar's 23.95 % change on previous year is above the median for Sub-Saharan Africa, which is 9.13 % change on previous year, 2.6× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), annual growth rate in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +8157.9% | 1.1 % change on previous year | 90.49 % change on previous year |
| 1984 | -3823.8% | 0.3039 % change on previous year | -11.32 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -7.75 % change on previous year | -69.82 % change on previous year | 40.96 % change on previous year | 5 |
| 1980s | 6.76 % change on previous year | -36.04 % change on previous year | 170.16 % change on previous year | 9 |
| 1990s | 5.96 % change on previous year | -82.38 % change on previous year | 148.22 % change on previous year | 10 |
| 2000s | 31.87 % change on previous year | -65.15 % change on previous year | 147.13 % change on previous year | 10 |
| 2010s | 6.85 % change on previous year | -30.79 % change on previous year | 75.7 % change on previous year | 10 |
| 2020s | 14.88 % change on previous year | -53.85 % change on previous year | 67.84 % change on previous year | 5 |
Countries ranked near Madagascar
- 24 Sri Lanka 25.57 % change on previous year compare
- 25 Democratic Republic of Congo 25.18 % change on previous year compare
- 26 Greece 24.55 % change on previous year compare
- 28 Paraguay 22.9 % change on previous year compare
- 29 Luxembourg 22.8 % change on previous year compare
- 30 Peru 21.99 % change on previous year compare
More economy & growth data for Madagascar
- Foreign direct investment, net outflows (BoP, current US$), 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 us$), annual growth rate in Madagascar?
- Gross savings (current us$), annual growth rate in Madagascar was 23.95 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), annual growth rate recorded in Madagascar?
- The highest recorded value was 170.16 % change on previous year in 1989.
- What is the lowest gross savings (current us$), annual growth rate recorded in Madagascar?
- The lowest recorded value was -82.38 % change on previous year in 1995.
- How does Madagascar rank for gross savings (current us$), annual growth rate?
- Madagascar ranks 27th out of 177 countries with data for 2024.
- Is gross savings (current us$), annual growth rate rising or falling in Madagascar?
- Over the last ten years it is down 68.4%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.