Gross savings (current US$), per unit of GDP in Madagascar
Madagascar: Gross savings (current US$), per unit of GDP was 0.1753 current US$ per US$ of GDP in 2024. ◆ Volatile
Gross savings (current US$), per unit of GDP in Madagascar, 1974–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross savings (current us$), per unit of gdp in Madagascar stood at 0.1753 current US$ per US$ of GDP.
That represents a change of up 13.0% on the previous year and up 21.0% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Madagascar peaked at 0.4008 current US$ per US$ of GDP in 1989 and was at its lowest, 0.0115 current US$ per US$ of GDP, in 1979.
Madagascar ranks 117th of 178 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 savings (current US$), per unit of GDP in Madagascar, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.0551 current US$ per US$ of GDP | — |
| 1975 | 0.0516 current US$ per US$ of GDP | -6.3% |
| 1976 | 0.0761 current US$ per US$ of GDP | +47.5% |
| 1977 | 0.0668 current US$ per US$ of GDP | -12.2% |
| 1978 | 0.0494 current US$ per US$ of GDP | -26.1% |
| 1979 | 0.0115 current US$ per US$ of GDP | -76.7% |
| 1980 | 0.3771 current US$ per US$ of GDP | +3183.5% |
| 1981 | 0.2948 current US$ per US$ of GDP | -21.8% |
| 1982 | 0.2139 current US$ per US$ of GDP | -27.5% |
| 1983 | 0.219 current US$ per US$ of GDP | +2.4% |
| 1984 | 0.2331 current US$ per US$ of GDP | +6.4% |
| 1985 | 0.1531 current US$ per US$ of GDP | -34.3% |
| 1986 | 0.1855 current US$ per US$ of GDP | +21.1% |
| 1987 | 0.2248 current US$ per US$ of GDP | +21.2% |
| 1988 | 0.1477 current US$ per US$ of GDP | -34.3% |
| 1989 | 0.4008 current US$ per US$ of GDP | +171.3% |
| 1990 | 0.3119 current US$ per US$ of GDP | -22.2% |
| 1991 | 0.2581 current US$ per US$ of GDP | -17.2% |
| 1992 | 0.328 current US$ per US$ of GDP | +27.1% |
| 1993 | 0.3353 current US$ per US$ of GDP | +2.2% |
| 1994 | 0.2769 current US$ per US$ of GDP | -17.4% |
| 1995 | 0.0448 current US$ per US$ of GDP | -83.8% |
| 1996 | 0.0865 current US$ per US$ of GDP | +93.2% |
| 1997 | 0.0768 current US$ per US$ of GDP | -11.3% |
| 1998 | 0.0796 current US$ per US$ of GDP | +3.7% |
| 1999 | 0.0956 current US$ per US$ of GDP | +20.1% |
| 2000 | 0.0893 current US$ per US$ of GDP | -6.6% |
| 2001 | 0.1448 current US$ per US$ of GDP | +62.1% |
| 2002 | 0.0513 current US$ per US$ of GDP | -64.6% |
| 2003 | 0.1064 current US$ per US$ of GDP | +107.5% |
| 2004 | 0.1623 current US$ per US$ of GDP | +52.5% |
| 2005 | 0.1039 current US$ per US$ of GDP | -36.0% |
| 2006 | 0.1497 current US$ per US$ of GDP | +44.0% |
| 2007 | 0.1899 current US$ per US$ of GDP | +26.9% |
| 2008 | 0.2369 current US$ per US$ of GDP | +24.7% |
| 2009 | 0.1759 current US$ per US$ of GDP | -25.7% |
| 2010 | 0.1654 current US$ per US$ of GDP | -6.0% |
| 2011 | 0.1552 current US$ per US$ of GDP | -6.2% |
| 2012 | 0.1288 current US$ per US$ of GDP | -17.0% |
| 2013 | 0.0831 current US$ per US$ of GDP | -35.5% |
| 2014 | 0.1449 current US$ per US$ of GDP | +74.3% |
| 2015 | 0.129 current US$ per US$ of GDP | -10.9% |
| 2016 | 0.161 current US$ per US$ of GDP | +24.7% |
| 2017 | 0.1512 current US$ per US$ of GDP | -6.0% |
| 2018 | 0.1855 current US$ per US$ of GDP | +22.7% |
| 2019 | 0.164 current US$ per US$ of GDP | -11.6% |
| 2020 | 0.0818 current US$ per US$ of GDP | -50.1% |
| 2021 | 0.1248 current US$ per US$ of GDP | +52.6% |
| 2022 | 0.149 current US$ per US$ of GDP | +19.4% |
| 2023 | 0.1551 current US$ per US$ of GDP | +4.1% |
| 2024 | 0.1753 current US$ per US$ of GDP | +13.0% |
Madagascar compared with similar countries
- Madagascar's 0.1753 current US$ per US$ of GDP is above the median for low income countries, which is 0.1668 current US$ per US$ of GDP, 1.1× the median. (20 countries reporting)
- Madagascar's 0.1753 current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.1747 current US$ per US$ of GDP, 1.0× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), per unit of GDP in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +3183.5% | 0.0115 current US$ per US$ of GDP | 0.3771 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0517 current US$ per US$ of GDP | 0.0115 current US$ per US$ of GDP | 0.0761 current US$ per US$ of GDP | 6 |
| 1980s | 0.245 current US$ per US$ of GDP | 0.1477 current US$ per US$ of GDP | 0.4008 current US$ per US$ of GDP | 10 |
| 1990s | 0.1893 current US$ per US$ of GDP | 0.0448 current US$ per US$ of GDP | 0.3353 current US$ per US$ of GDP | 10 |
| 2000s | 0.1411 current US$ per US$ of GDP | 0.0513 current US$ per US$ of GDP | 0.2369 current US$ per US$ of GDP | 10 |
| 2010s | 0.1468 current US$ per US$ of GDP | 0.0831 current US$ per US$ of GDP | 0.1855 current US$ per US$ of GDP | 10 |
| 2020s | 0.1372 current US$ per US$ of GDP | 0.0818 current US$ per US$ of GDP | 0.1753 current US$ per US$ of GDP | 5 |
Countries ranked near Madagascar
- 114 Romania 0.1805 current US$ per US$ of GDP compare
- 115 Eswatini 0.1766 current US$ per US$ of GDP compare
- 116 Laos 0.1764 current US$ per US$ of GDP compare
- 118 Guyana 0.1748 current US$ per US$ of GDP compare
- 119 Niger 0.1747 current US$ per US$ of GDP compare
- 120 United Kingdom 0.1718 current US$ 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 us$), per unit of gdp in Madagascar?
- Gross savings (current us$), per unit of gdp in Madagascar was 0.1753 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Madagascar?
- The highest recorded value was 0.4008 current US$ per US$ of GDP in 1989.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Madagascar?
- The lowest recorded value was 0.0115 current US$ per US$ of GDP in 1979.
- How does Madagascar rank for gross savings (current us$), per unit of gdp?
- Madagascar ranks 117th out of 178 countries with data for 2024.
- Is gross savings (current us$), per unit of gdp rising or falling in Madagascar?
- Over the last ten years it is up 21.0%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.