Gross value added at basic prices (GVA) (constant 2015 US$) in Madagascar
Madagascar: Gross value added at basic prices (GVA) (constant 2015 US$) was 13.54 billion constant 2015 US$ in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Madagascar, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross value added at basic prices (gva) in Madagascar stood at 13.54 billion constant 2015 US$. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 28.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in Madagascar peaked at 13.54 billion constant 2015 US$ in 2025 and was at its lowest, 6.19 billion constant 2015 US$, in 1995.
That places Madagascar 136th out of 194 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$) in Madagascar, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 6.19 billion constant 2015 US$ | — |
| 1996 | 6.33 billion constant 2015 US$ | +2.2% |
| 1997 | 6.56 billion constant 2015 US$ | +3.7% |
| 1998 | 6.81 billion constant 2015 US$ | +3.9% |
| 1999 | 7.13 billion constant 2015 US$ | +4.7% |
| 2000 | 7.42 billion constant 2015 US$ | +4.0% |
| 2001 | 7.83 billion constant 2015 US$ | +5.5% |
| 2002 | 6.91 billion constant 2015 US$ | -11.7% |
| 2003 | 7.50 billion constant 2015 US$ | +8.4% |
| 2004 | 7.88 billion constant 2015 US$ | +5.1% |
| 2005 | 8.25 billion constant 2015 US$ | +4.6% |
| 2006 | 8.69 billion constant 2015 US$ | +5.3% |
| 2007 | 9.17 billion constant 2015 US$ | +5.6% |
| 2008 | 9.72 billion constant 2015 US$ | +5.9% |
| 2009 | 9.48 billion constant 2015 US$ | -2.5% |
| 2010 | 9.45 billion constant 2015 US$ | -0.3% |
| 2011 | 9.56 billion constant 2015 US$ | +1.1% |
| 2012 | 9.85 billion constant 2015 US$ | +3.1% |
| 2013 | 10.05 billion constant 2015 US$ | +2.0% |
| 2014 | 10.37 billion constant 2015 US$ | +3.1% |
| 2015 | 10.58 billion constant 2015 US$ | +2.1% |
| 2016 | 10.95 billion constant 2015 US$ | +3.4% |
| 2017 | 11.37 billion constant 2015 US$ | +3.9% |
| 2018 | 11.51 billion constant 2015 US$ | +1.2% |
| 2019 | 12.09 billion constant 2015 US$ | +5.1% |
| 2020 | 10.95 billion constant 2015 US$ | -9.4% |
| 2021 | 11.63 billion constant 2015 US$ | +6.2% |
| 2022 | 12.10 billion constant 2015 US$ | +4.0% |
| 2023 | 12.64 billion constant 2015 US$ | +4.5% |
| 2024 | 13.15 billion constant 2015 US$ | +4.0% |
| 2025 | 13.54 billion constant 2015 US$ | +3.0% |
Madagascar compared with similar countries
- Madagascar's 13.54 billion constant 2015 US$ is below the median for low income countries, which is 16.00 billion constant 2015 US$, 85% of the median. (21 countries reporting)
- Madagascar's 13.54 billion constant 2015 US$ is below the median for Sub-Saharan Africa, which is 16.24 billion constant 2015 US$, 83% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.60 billion constant 2015 US$ | 6.19 billion constant 2015 US$ | 7.13 billion constant 2015 US$ | 5 |
| 2000s | 8.28 billion constant 2015 US$ | 6.91 billion constant 2015 US$ | 9.72 billion constant 2015 US$ | 10 |
| 2010s | 10.58 billion constant 2015 US$ | 9.45 billion constant 2015 US$ | 12.09 billion constant 2015 US$ | 10 |
| 2020s | 12.34 billion constant 2015 US$ | 10.95 billion constant 2015 US$ | 13.54 billion constant 2015 US$ | 6 |
Countries ranked near Madagascar
- 133 Brunei 14.03 billion constant 2015 US$ compare
- 134 Albania 13.85 billion constant 2015 US$ compare
- 135 Mauritius 13.61 billion constant 2015 US$ compare
- 137 Haiti 12.16 billion constant 2015 US$ compare
- 138 Bahamas 11.77 billion constant 2015 US$ compare
- 139 Malawi 11.42 billion constant 2015 US$ 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) in Madagascar?
- Gross value added at basic prices (gva) in Madagascar was 13.54 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Madagascar?
- The highest recorded value was 13.54 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Madagascar?
- The lowest recorded value was 6.19 billion constant 2015 US$ in 1995.
- How does Madagascar rank for gross value added at basic prices (gva)?
- Madagascar ranks 136th out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Madagascar?
- Over the last ten years it is up 28.0%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.