Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in Madagascar
Madagascar: Gross value added at basic prices (GVA) (constant) … unit GDP 2015 was 0.6902 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Madagascar, 1995–2025
Source: Statizoid (derived). Measured in constant 2015 US$ 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) … unit GDP 2015 in Madagascar, year by year
| 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% |
Madagascar compared with similar countries
- Madagascar's 0.6902 constant 2015 US$ per US$ of GDP is below the median for low income countries, which is 0.7658 constant 2015 US$ per US$ of GDP, 90% of the median. (21 countries reporting)
- Madagascar's 0.6902 constant 2015 US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.7501 constant 2015 US$ per US$ of GDP, 92% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 130 Uruguay 0.6946 constant 2015 US$ per US$ of GDP compare
- 131 Cameroon 0.6931 constant 2015 US$ per US$ of GDP compare
- 132 Morocco 0.6922 constant 2015 US$ per US$ of GDP compare
- 134 Israel 0.6897 constant 2015 US$ per US$ of GDP compare
- 135 Guinea-Bissau 0.6856 constant 2015 US$ per US$ of GDP compare
- 136 Singapore 0.6782 constant 2015 US$ per US$ of GDP 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$), per unit in Madagascar?
- Gross value added at basic prices (gva) (constant 2015 us$), 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) 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$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.