Gross value added at basic prices (GVA) (constant 2015) … capita 2015 in Madagascar
Madagascar: Gross value added at basic prices (GVA) (constant 2015) … capita 2015 was 413.62 constant 2015 US$ per person in 2025. ▼ Falling
Gross value added at basic prices (GVA) (constant 2015 US$), per in Madagascar, 1995–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
In 2025, gross value added at basic prices (gva) (constant 2015 us$), per in Madagascar stood at 413.62 constant 2015 US$ per person.
Compared with earlier readings it is up 0.6% on the previous year and down 0.6% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Madagascar peaked at 464.32 constant 2015 US$ per person in 2008 and was at its lowest, 378.24 constant 2015 US$ per person, in 2020.
Madagascar ranks 190th of 193 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Gross value added at basic prices (GVA) (constant 2015) … capita 2015 in Madagascar, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1995 | 440.43 constant 2015 US$ per person | — |
| 1996 | 435.94 constant 2015 US$ per person | -1.0% |
| 1997 | 437.47 constant 2015 US$ per person | +0.4% |
| 1998 | 439.84 constant 2015 US$ per person | +0.5% |
| 1999 | 445.67 constant 2015 US$ per person | +1.3% |
| 2000 | 449.14 constant 2015 US$ per person | +0.8% |
| 2001 | 459.63 constant 2015 US$ per person | +2.3% |
| 2002 | 393.83 constant 2015 US$ per person | -14.3% |
| 2003 | 414.76 constant 2015 US$ per person | +5.3% |
| 2004 | 423.46 constant 2015 US$ per person | +2.1% |
| 2005 | 430.34 constant 2015 US$ per person | +1.6% |
| 2006 | 440.21 constant 2015 US$ per person | +2.3% |
| 2007 | 451.43 constant 2015 US$ per person | +2.5% |
| 2008 | 464.32 constant 2015 US$ per person | +2.9% |
| 2009 | 439.78 constant 2015 US$ per person | -5.3% |
| 2010 | 425.9 constant 2015 US$ per person | -3.2% |
| 2011 | 418.71 constant 2015 US$ per person | -1.7% |
| 2012 | 419.95 constant 2015 US$ per person | +0.3% |
| 2013 | 417.02 constant 2015 US$ per person | -0.7% |
| 2014 | 418.62 constant 2015 US$ per person | +0.4% |
| 2015 | 416.21 constant 2015 US$ per person | -0.6% |
| 2016 | 419.39 constant 2015 US$ per person | +0.8% |
| 2017 | 424.61 constant 2015 US$ per person | +1.2% |
| 2018 | 418.55 constant 2015 US$ per person | -1.4% |
| 2019 | 428.48 constant 2015 US$ per person | +2.4% |
| 2020 | 378.24 constant 2015 US$ per person | -11.7% |
| 2021 | 391.76 constant 2015 US$ per person | +3.6% |
| 2022 | 397.6 constant 2015 US$ per person | +1.5% |
| 2023 | 405.34 constant 2015 US$ per person | +1.9% |
| 2024 | 411.33 constant 2015 US$ per person | +1.5% |
| 2025 | 413.62 constant 2015 US$ per person | +0.6% |
Madagascar compared with similar countries
- Madagascar's 413.62 constant 2015 US$ per person is below the median for low income countries, which is 701.24 constant 2015 US$ per person, 59% of the median. (21 countries reporting)
- Madagascar's 413.62 constant 2015 US$ per person is below the median for Sub-Saharan Africa, which is 1,264 constant 2015 US$ per person, 33% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 439.87 constant 2015 US$ per person | 435.94 constant 2015 US$ per person | 445.67 constant 2015 US$ per person | 5 |
| 2000s | 436.69 constant 2015 US$ per person | 393.83 constant 2015 US$ per person | 464.32 constant 2015 US$ per person | 10 |
| 2010s | 420.74 constant 2015 US$ per person | 416.21 constant 2015 US$ per person | 428.48 constant 2015 US$ per person | 10 |
| 2020s | 399.65 constant 2015 US$ per person | 378.24 constant 2015 US$ per person | 413.62 constant 2015 US$ per person | 6 |
Countries ranked near Madagascar
- 187 Democratic Republic of Congo 529.38 constant 2015 US$ per person compare
- 188 Mozambique 516.54 constant 2015 US$ per person compare
- 189 Malawi 514.23 constant 2015 US$ per person compare
- 191 Afghanistan 355.41 constant 2015 US$ per person compare
- 192 Central African Republic 353.25 constant 2015 US$ per person compare
- 193 Burundi 246.15 constant 2015 US$ per person compare
More economy & growth data for Madagascar
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in Madagascar?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Madagascar was 413.62 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Madagascar?
- The highest recorded value was 464.32 constant 2015 US$ per person in 2008.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Madagascar?
- The lowest recorded value was 378.24 constant 2015 US$ per person in 2020.
- How does Madagascar rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Madagascar ranks 190th out of 193 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in Madagascar?
- Over the last ten years it is down 0.6%. The long-run trend across the full record is falling.
- 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$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.