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

Madagascar: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.6902 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.6902 constant 2015 US$ per US$ of GDP
Change on year
down 7.6%
World rank
133rd
of 193 countries
All-time high
1.67 constant 2015 US$ per US$ of GDP
in 1999
All-time low
0.6902 constant 2015 US$ per US$ of GDP
in 2025
Years of data
31
1995–2025

Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Madagascar, 1995–2025

00.511.51995201020251995: 1.6 constant 2015 US$ per US$ of GDP1996: 1.3 constant 2015 US$ per US$ of GDP1997: 1.5 constant 2015 US$ per US$ of GDP1998: 1.5 constant 2015 US$ per US$ of GDP1999: 1.7 constant 2015 US$ per US$ of GDP2000: 1.6 constant 2015 US$ per US$ of GDP2001: 1.4 constant 2015 US$ per US$ of GDP2002: 1.3 constant 2015 US$ per US$ of GDP2003: 1.2 constant 2015 US$ per US$ of GDP2004: 1.6 constant 2015 US$ per US$ of GDP2005: 1.4 constant 2015 US$ per US$ of GDP2006: 1.4 constant 2015 US$ per US$ of GDP2007: 1.1 constant 2015 US$ per US$ of GDP2008: 0.906 constant 2015 US$ per US$ of GDP2009: 0.985 constant 2015 US$ per US$ of GDP2010: 0.946 constant 2015 US$ per US$ of GDP2011: 0.827 constant 2015 US$ per US$ of GDP2012: 0.851 constant 2015 US$ per US$ of GDP2013: 0.809 constant 2015 US$ per US$ of GDP2014: 0.828 constant 2015 US$ per US$ of GDP2015: 0.935 constant 2015 US$ per US$ of GDP2016: 0.924 constant 2015 US$ per US$ of GDP2017: 0.863 constant 2015 US$ per US$ of GDP2018: 0.836 constant 2015 US$ per US$ of GDP2019: 0.857 constant 2015 US$ per US$ of GDP2020: 0.839 constant 2015 US$ per US$ of GDP2021: 0.81 constant 2015 US$ per US$ of GDP2022: 0.789 constant 2015 US$ per US$ of GDP2023: 0.789 constant 2015 US$ per US$ of GDP2024: 0.747 constant 2015 US$ per US$ of GDP2025: 0.69 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

Madagascar recorded 0.6902 constant 2015 US$ per US$ of GDP for gross value added at basic prices (gva) (constant 2015 us$), per unit in 2025. That is the lowest value across all 31 years on record.

Compared with earlier readings it is down 7.6% on the previous year and down 26.2% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Madagascar peaked at 1.67 constant 2015 US$ per US$ of GDP in 1999 and was at its lowest, 0.6902 constant 2015 US$ per US$ of GDP, in 2025.

Madagascar ranks 133rd of 193 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 31 years of available data.

Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Madagascar, year by year

Annual values for Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP in Madagascar, 1995 to 2025.
Year constant 2015 US$ per US$ of GDP Change
1995 1.61 constant 2015 US$ per US$ of GDP
1996 1.28 constant 2015 US$ per US$ of GDP -20.5%
1997 1.54 constant 2015 US$ per US$ of GDP +19.9%
1998 1.55 constant 2015 US$ per US$ of GDP +0.6%
1999 1.67 constant 2015 US$ per US$ of GDP +7.7%
2000 1.6 constant 2015 US$ per US$ of GDP -3.9%
2001 1.44 constant 2015 US$ per US$ of GDP -10.2%
2002 1.29 constant 2015 US$ per US$ of GDP -10.3%
2003 1.18 constant 2015 US$ per US$ of GDP -8.9%
2004 1.56 constant 2015 US$ per US$ of GDP +32.3%
2005 1.41 constant 2015 US$ per US$ of GDP -9.5%
2006 1.36 constant 2015 US$ per US$ of GDP -3.5%
2007 1.08 constant 2015 US$ per US$ of GDP -20.8%
2008 0.9058 constant 2015 US$ per US$ of GDP -15.8%
2009 0.9854 constant 2015 US$ per US$ of GDP +8.8%
2010 0.9464 constant 2015 US$ per US$ of GDP -4.0%
2011 0.8272 constant 2015 US$ per US$ of GDP -12.6%
2012 0.8509 constant 2015 US$ per US$ of GDP +2.9%
2013 0.8093 constant 2015 US$ per US$ of GDP -4.9%
2014 0.8278 constant 2015 US$ per US$ of GDP +2.3%
2015 0.9346 constant 2015 US$ per US$ of GDP +12.9%
2016 0.9238 constant 2015 US$ per US$ of GDP -1.2%
2017 0.8633 constant 2015 US$ per US$ of GDP -6.6%
2018 0.8363 constant 2015 US$ per US$ of GDP -3.1%
2019 0.8573 constant 2015 US$ per US$ of GDP +2.5%
2020 0.8391 constant 2015 US$ per US$ of GDP -2.1%
2021 0.8103 constant 2015 US$ per US$ of GDP -3.4%
2022 0.7888 constant 2015 US$ per US$ of GDP -2.7%
2023 0.7885 constant 2015 US$ per US$ of GDP -0.0%
2024 0.7474 constant 2015 US$ per US$ of GDP -5.2%
2025 0.6902 constant 2015 US$ per US$ of GDP -7.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.53 constant 2015 US$ per US$ of GDP 1.28 constant 2015 US$ per US$ of GDP 1.67 constant 2015 US$ per US$ of GDP 5
2000s 1.28 constant 2015 US$ per US$ of GDP 0.9058 constant 2015 US$ per US$ of GDP 1.6 constant 2015 US$ per US$ of GDP 10
2010s 0.8677 constant 2015 US$ per US$ of GDP 0.8093 constant 2015 US$ per US$ of GDP 0.9464 constant 2015 US$ per US$ of GDP 10
2020s 0.7774 constant 2015 US$ per US$ of GDP 0.6902 constant 2015 US$ per US$ of GDP 0.8391 constant 2015 US$ per US$ of GDP 6

Countries ranked near Madagascar

  1. 130 Uruguay 0.6946 constant 2015 US$ per US$ of GDP compare
  2. 131 Cameroon 0.6931 constant 2015 US$ per US$ of GDP compare
  3. 132 Morocco 0.6922 constant 2015 US$ per US$ of GDP compare
  4. 134 Israel 0.6897 constant 2015 US$ per US$ of GDP compare
  5. 135 Guinea-Bissau 0.6856 constant 2015 US$ per US$ of GDP compare
  6. 136 Singapore 0.6782 constant 2015 US$ per US$ of GDP 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$), per unit in Madagascar?
Gross value added at basic prices (gva) (constant 2015 us$), per unit in Madagascar was 0.6902 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Madagascar?
The highest recorded value was 1.67 constant 2015 US$ per US$ of GDP in 1999.
What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Madagascar?
The lowest recorded value was 0.6902 constant 2015 US$ per US$ of GDP in 2025.
How does Madagascar rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
Madagascar ranks 133rd out of 193 countries with data for 2025.
Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Madagascar?
Over the last ten years it is down 26.2%. 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 unit of GDP. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant 2015 US$), per unit 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-per-unit-of-gdp/madagascar/

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

How this figure is calculated

Gross value added at basic prices (GVA) (constant 2015 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 value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)

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$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,725 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (constant 2015 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.