Gross value added at basic prices (GVA) (constant 2015 US$), annual in Madagascar

Madagascar: Gross value added at basic prices (GVA) (constant 2015 US$), annual was 3 % change on previous year in 2025. ◆ Volatile

Latest (2025)
3 % change on previous year
Change on year
down 24.8%
World rank
106th
of 193 countries
All-time high
8.45 % change on previous year
in 2003
All-time low
-11.71 % change on previous year
in 2002
Years of data
30
1996–2025

Gross value added at basic prices (GVA) (constant 2015 US$), annual in Madagascar, 1996–2025

-10-505101996201020251996: 2.2 % change on previous year1997: 3.7 % change on previous year1998: 3.9 % change on previous year1999: 4.7 % change on previous year2000: 4 % change on previous year2001: 5.5 % change on previous year2002: -11.7 % change on previous year2003: 8.4 % change on previous year2004: 5.1 % change on previous year2005: 4.6 % change on previous year2006: 5.3 % change on previous year2007: 5.6 % change on previous year2008: 5.9 % change on previous year2009: -2.5 % change on previous year2010: -0.299 % change on previous year2011: 1.1 % change on previous year2012: 3.1 % change on previous year2013: 2 % change on previous year2014: 3.1 % change on previous year2015: 2.1 % change on previous year2016: 3.4 % change on previous year2017: 3.9 % change on previous year2018: 1.2 % change on previous year2019: 5.1 % change on previous year2020: -9.4 % change on previous year2021: 6.2 % change on previous year2022: 4 % change on previous year2023: 4.5 % change on previous year2024: 4 % change on previous year2025: 3 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), annual in Madagascar is 3 % change on previous year, measured in 2025.

Compared with earlier readings it is down 24.8% on the previous year and up 43.7% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in Madagascar peaked at 8.45 % change on previous year in 2003 and was at its lowest, -11.71 % change on previous year, in 2002.

Madagascar ranks 106th of 193 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 value added at basic prices (GVA) (constant 2015 US$), annual in Madagascar, year by year

Annual values for Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate in Madagascar, 1996 to 2025.
Year % change on previous year Change
1996 2.21 % change on previous year
1997 3.67 % change on previous year +65.8%
1998 3.89 % change on previous year +5.9%
1999 4.67 % change on previous year +20.1%
2000 4.03 % change on previous year -13.7%
2001 5.54 % change on previous year +37.4%
2002 -11.71 % change on previous year -311.6%
2003 8.45 % change on previous year -172.1%
2004 5.12 % change on previous year -39.4%
2005 4.64 % change on previous year -9.3%
2006 5.34 % change on previous year +15.0%
2007 5.6 % change on previous year +4.9%
2008 5.92 % change on previous year +5.6%
2009 -2.46 % change on previous year -141.6%
2010 -0.299 % change on previous year -87.9%
2011 1.14 % change on previous year -482.8%
2012 3.11 % change on previous year +171.6%
2013 2.04 % change on previous year -34.4%
2014 3.11 % change on previous year +52.4%
2015 2.08 % change on previous year -33.0%
2016 3.43 % change on previous year +64.6%
2017 3.92 % change on previous year +14.1%
2018 1.17 % change on previous year -70.0%
2019 5.07 % change on previous year +332.3%
2020 -9.43 % change on previous year -285.9%
2021 6.21 % change on previous year -165.9%
2022 4.04 % change on previous year -34.9%
2023 4.49 % change on previous year +11.0%
2024 3.98 % change on previous year -11.3%
2025 3 % change on previous year -24.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.61 % change on previous year 2.21 % change on previous year 4.67 % change on previous year 4
2000s 3.05 % change on previous year -11.71 % change on previous year 8.45 % change on previous year 10
2010s 2.48 % change on previous year -0.299 % change on previous year 5.07 % change on previous year 10
2020s 2.05 % change on previous year -9.43 % change on previous year 6.21 % change on previous year 6

Countries ranked near Madagascar

  1. 103 Pakistan 3.06 % change on previous year compare
  2. 104 Poland 3.03 % change on previous year compare
  3. 105 Solomon Islands 3 % change on previous year compare
  4. 107 Jordan 2.98 % change on previous year compare
  5. 108 Cameroon 2.96 % change on previous year compare
  6. 109 Lithuania 2.92 % change on previous year compare

See the full ranking of 227 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is gross value added at basic prices (gva) (constant 2015 us$), annual in Madagascar?
Gross value added at basic prices (gva) (constant 2015 us$), annual in Madagascar was 3 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Madagascar?
The highest recorded value was 8.45 % change on previous year in 2003.
What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Madagascar?
The lowest recorded value was -11.71 % change on previous year in 2002.
How does Madagascar rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
Madagascar ranks 106th out of 193 countries with data for 2025.
Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in Madagascar?
Over the last ten years it is up 43.7%. 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 value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant 2015 US$), annual in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/madagascar/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/madagascar/">Gross value added at basic prices (GVA) (constant 2015 US$), annual in Madagascar</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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 value added at basic prices (GVA) (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,544 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.